The title sponsorship rights of Indian Premier League (IPL) 2020 has been bagged by the fantasy gaming start-up “Dream 11“. The fantasy gaming start-up has bagged the title sponsorship rights for Rs 222 crore.
Dream 11 has bagged the rights as Expression of Interest (EOI) was invited by the Board of Control for Cricket in India (BCCI) for IPL 2020’s title sponsorship after the Chinese mobile phone brand, Vivo, pulled out of it. The title rights bagged by the fantasy gaming start-up “Dream 11” are valid till December 31, 2020.
Important takeaways for all competitive exams:
- Founders of Dream 11: Harsh Jain and Bhavit Sheth.
- (Interim) Chief Executive Officer of Board of Control for Cricket in India: Hemang Amin.
- President of the Board of Control for Cricket in India: Sourav Ganguly.