Dream 11 bags IPL title sponsorship rights
Mumbai/IBNS: Indian fantasy sports platform Dream 11 has bagged the title sponsorship rights for the mega T20 tournament, Indian Premier League (IPL).
Dream 11 bagged the rights after bidding for Rs. 222 crore.
The bidding was needed after Chinese phone maker Vivo withdrew as the title sponsor of IPL, amid the growing anti-China sentiment in India over the deadly clash between military personnel of the two nations in eastern Ladakh.
The controversy had erupted after the Indian cricket board decided to hold the 13th edition of the IPL in UAE between September and November this year.
The call for boycotting Vivo gained pace weeks after the Narendra Modi government boycotted 59 Chinese apps including the very popular TikTok.
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