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VIVO pulls out as title sponsors of IPL 2020

Shortpedia

Content Team
Image Credit: shortpedia

Days after BCCI decided to retain all the sponsors of the IPL, including the Chinese brands including VIVO, a Chinese mobile company, which is the title sponsors for the upcoming tournament, VIVO has decided to snap its ties with the BCCI for this year. VIVO retained the title sponsorship of the IPL after submitting a bid of Rs 2,199 crore over the next five years after winning title sponsorship for the first time in 2016.