BCCI had earlier invited for EOIs ( Expression of Interests) in which Unacademy, Byjus, Tata, Dream 11 and Patanjali were reportedly interested. Tata was the front runners as per all the reports but Dream 11 sprung a surprise.
The next highest bid was from Edtech company Unacademy for 210 crore, and Tata for 180 crore iNR. Byju's bid was at INR 125 crores.
Due to border tensions between India and China, Vivo had pulled out of the title sponsor this year and apparently it's a mutual pause and will be re looked next year. Vivo was paying BCCI INR 440 crores and the current bid is almost the half of it( by Dream 11)
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