Vivo's bid for title sponsorship of the IPL, at INR 2199 crores [or about 340 million US dollars] is astounding, not just for cricket watchers but for those whose business it is to estimate value.
However, Vivo was back as IPL tittle sponsor in 2021 even as speculation raged that the company was looking to transfer the rights to a suitable bidder and the BCCI approved the move. "This was ...