Vivo to be IPL sponsor for next two seasons

New Delhi: The BCCI on Wednesday said that the IPL’s title sponsorship deal with smartphone manufacturers Vivo is for two years after the company fulfilled its obligation of presenting a bank guarantee.
“The Board of Control for Cricket in India (BCCI) announced its association with vivo, the premium global smartphone manufacturer, for title sponsorship of the Indian Premier League (IPL). Vivo fulfilled their obligation of presenting the bank guarantee to the BCCI and confirmed the title sponsorship rights,” the BCCI said in a statement. Vivo replaces beverage giant PepsiCo as title sponsor of the Twenty20 event, which faced a severe credibility crisis after the 2013 spot-fixing and betting scandal.
—PTI

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