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New title sponsor for IPL 2020 has been announced in place of Chinese company VIVO

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India News – Dream 11 received the title sponsorship of the IPL this year after VIVO was dropped from season 13. IPL chairman Brijesh Patel told PTI that Dream 11 has bought sponsorship rights for the IPL 2020 season for Rs 222 crore.

Please tell that this bid is Rs 218 crore less than VIVO’s Rs 440 crore annually. Dream 11 acquired title sponsorship rights for about four and a half months, replacing Chinese company VIVO. The Tata group was also involved in the title sponsorship rights race. However, it was learned that the Tata group did not make the final bid. The IPL will be held from 19 September to 10 November this year in the United Arab Emirates (UAE).

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