After Pepsico’s had pulled itself out from the IPL sponsorship. It was revealed frpm a BCCI working committee meeting onsunday 18th october. The chinese mobile phone componay VIVO will be the new title sponsor for the league for the upcoming two years.
It was looked that VIVO was the first company who was the tittle sponsor but there was also a very tough compitetion for the Paytm. Paytm is currently sponsoring the series between India and South Africa. The terms and conditions for VIVO to be an sponsor will be the same as it was with pepsico India.
Ehe meeting however continued as it was also want to discuss over the issue of the IPL ban on the two teams Chennai Super bings and Rajesthan Royals.
IPL has suffered two continues bowls as first was the spot fining case which let to the ban over two of its teams chennai and Rajesthan and then suffered a bowl when pepsi cut its sponsorship contact with the IPL and Indian cricket boads.
Pepsi took the contract in 2012 when DLF left it in 2011 by paying RS. 396 crores but has pulled out recently due to various spot finding issues.
Hope You Like it stay connected for More!!!