Dream11 replace VIVO as title sponsor for IPL 2020

VIVO, a Chinese mobile company pulled out as IPL 2020 title sponsor due to border clashes between India and China in June. India based Dream11, the online sports company has been replaced VIVO after bidding INR 222 crore for IPLT20 2020. Dream11 beat bids from Byju's and Unacademy to win the rights.

As per IPL's revenue sharing agreement, 50% of the title sponsorship money goes to te eight franchises and 50% goes to BCCI the official partner of IPL.