Race for IPL 2020 Sponsorship came to endDream11 an online gaming platform won the race of title sponsorship of IPL 2020IPL Title Sponsorship race started after VIVO ended its sponsorshipDream11 won Title Sponsor bid for INR ₹ 222 crores.
- IPL 2020 Title Sponsorship
- Companies For Title Sponsorship IPL 2020
- Dream11 Won Title Sponsorship
After the exist of Chinees Mobile Manufacturing Company VIVO from Title Sponsor of IPL ( Indian Premier League )Race began for IPL 2020 Title SponsorshipAs because there is huge popularity/fan following of IPLTo get title sponsor it will be a good way to advertise brand and increase brand value.
Race for Title Sponsor was chased by many leading companies such as Tata Sons, Reliance Jio, and such other companiesThere are around six companies leading for the title sponsor for IPL 2020 Tata Sons, Reliance Jio, Patanjali, Dream XI, and two e-learning platforms Byju’s & Unacademy.
It is estimated that the Title Sponsor bid will be around INR ₹300 croresTata Sons were the leading firm for title sponsor but the final bid was not placed by TataE-Learning platform Unacademy bid for INR ₹170 crores and Byju’s bid for INR ₹201 Crores But at the end of the day, Dream11 won the bid for Title Sponsor of IPL 2020 for INR ₹222 crores.
IPL Chairman Brijesh Patel told media ” Dream11 won rights for the title sponsor for IPL 2020″.