Fantasy cricket app Dream11, which count’s China’s Tencent among its investors, has won the title sponsorship for Indian Premier League 2020 for Rs 222 crore, according to reports. The sponsorship for IPL 2020 was up for grabs as the erstwhile title sponsor, Vivo, had decided to take a break from the tournament this season amid calls for boycott of Chinese goods in the wake of a standoff between Indian and Chinese soldiers in Ladakh since June.
The Board of Control for Cricket in India (BCCI) had earlier been reported to be looking for a home-grown entity as the title sponsor