Fantasy Sports Platform ‘Dream 11’ Wins IPL 2020 Title Sponsorship Bid

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Unacademy to Bid for IPL 2020 Title Sponsorship
After stories earlier this month that Vivo pulled out of the title sponsorship deal for IPL 2020, the BCCI was holding bids for the brand new sponsors for this season. Among the numerous firms that submitted their bids, together with Unacademy, fantasy sports activities platform Dream 11 has come out to be the brand new title sponsor for the event this season.

Dream 11 is paying ₹220 crore for the sponsorship and the length of the sponsorship is until December 31. Prior to Dream 11, Vivo was in line to pay round ₹440 crores this 12 months for the IPL title sponsorship. However, owing to the rising anti-China sentiments within the nation, and amid declining smartphone gross sales, Vivo wished to pay a decreased quantity.

For these of you who could not know, Dream 11 is a web based fantasy sports activities platform that enables customers to play sports activities similar to cricket, soccer, hockey, amongst others. The firm is among the largest gaming firms in India, elevating over $100 million in 2018.

The firm has over 8 crore customers, of which 85% play fantasy cricket on the platform. It has attracted investments from main firms together with Tencent, Think Investments, Kalaari Capital, amongst others.

IPL 2020 shall be performed within the UAE this 12 months, ranging from September 19 and happening until November 10. Matches shall be performed in Dubai, Sharjah, and Abu Dhabi. You will be capable to stream matches reside on Disney+ Hotstar, nonetheless, stories recommend that there shall be no free streaming this time round.

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