Mumbai: IPL 2020 was on the lookout for a new title sponsor as VIVO had dropped out due to the Indo – China standoff. BCCI had called for fresh bids and Dream 11 comes in as the Title sponsor at 222 CR.
They had tough competition from Unacademy and Tata Sons. The other bids were at 210 Cr and 180 Cr.
Dream 11 will be the title sponsor for this year.
Vinit Godara, Co Founder and CEO, Myteam11 Fantasy Sports Pvt. Ltd said, ” I would like to congratulate fantasy cricket league platform Dream11 on winning the title sponsorship rights of IPL 2020. I think this is a big moment for the entire fantasy gaming fraternity. Fantasy gaming is one of the swiftest growing online businesses to thrive in recent times. I think this is the moment of arrival and fantasy gaming has finally got its due of being the game where the fans get the right platform to engage and be the closest to the game.