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ipl title sponsorship sold out for 2,199 crores

IPL TITTLE SPONSORSHIP SOLD FOR 2,199 CRORES TO VIVO 


Vivo mobile company got sponsorship rights for Indian premier league  (IPL) for 5 years.

 ● They spend INR of 2,199 Crores to retain ipl.         sponsorship.

 ● The Auction happend  Tuesday in Mumbai,       IPL Chairman Rajiv Shukla and from Bcci.       Amitab Choudhary are in panellists.

 ● Xiaomi and Intex went to tender but didn't.     had the intrest like Vivo had in cricket.

 ● mobile phone company's are investing on.             cricket nowdays.

 ● Already  'OPPO' gave sponsorship to team.             India.


 DID 2,199 CRORES WORTH FOR VIVO COMPANY:
 
      1.  Vivo phone sale will go higher and stock market value also for next 5 years.

      2.  Now vivo no need to spend more money for Advertising. Because they will get more publicity from ipl tournament rest of 5 seasons.

      3. They invest  2,199 Crores in ipl. But in coming years Vivo can triple the amount. Which they spend on ipl title sponsorship.

     4.  This is the highest bid played by any sponsors before for ipl 2008 to 2016.

     5.  Vivo will spend 400 crores every 1year for ipl till 2022.


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