Hyderabad: Fantasy sports platform Dream11 has bagged the title sponsorship rights for the upcoming edition of the Indian Premier League (IPL), the tournament's chairman Brijesh Patel confirmed on Tuesday.
"Dream 11 has won the title sponsorship for INR 222 crore," IPL chairman Patel told media.
On August 10, the Board of Control for Cricket in India (BCCI) had sent out invitations to third parties to express their interest (EOI) in acquiring the title sponsorship rights for IPL 2020.
The tournament will be held in the UAE from September 19, 2020, to November 10, 2020, and the board sent an invitation to third parties after title sponsorship with Vivo was suspended for this edition of the IPL.
BCCI and Vivo had also suspended the title sponsorship rights for this year's IPL after there was a huge outcry for boycotting Chinese products after 20 Indian Army personnel, including a Colonel, were killed in the violent face-off between Indian and Chinese troops in June.