Close Menu
Invest Intellect
    Facebook X (Twitter) Instagram
    Invest Intellect
    Facebook X (Twitter) Instagram Pinterest
    • Home
    • Commodities
    • Cryptocurrency
    • Fintech
    • Investments
    • Precious Metal
    • Property
    • Stock Market
    Invest Intellect
    Home»Fintech»Toyota and fintech player in race to replace Dream11 as Team India jersey sponsor
    Fintech

    Toyota and fintech player in race to replace Dream11 as Team India jersey sponsor

    August 25, 20253 Mins Read


    New Delhi: The Board of Control for Cricket in India (BCCI) is on the hunt for a new title sponsor for Team India’s jersey following the abrupt exit of fantasy sports giant Dream11, triggered by the recent passage of the Promotion and Regulation of Online Gaming Bill, 2025. 

    With the Asia Cup 2025 just weeks away, scheduled to commence on September 9 in the UAE, Japanese automotive giant Toyota Motor Corporation and an unnamed fintech startup have emerged as frontrunners to secure one of the most coveted sponsorship slots in global sports.

    According to sources cited by NDTV, Toyota and a fintech startup have expressed keen interest in filling the void, though the BCCI has yet to initiate the official tendering process. 

    The board is reportedly aiming for a deal that surpasses the financial value of the Dream11 contract, capitalising on the massive global visibility offered by Team India’s jersey, especially during high-profile events like the India-Pakistan clash on September 14 in Dubai.

    The Online Gaming Bill, passed by the Indian Parliament on August 21, 2025, bans real-money gaming platforms, effectively halting Dream11’s operations and forcing the termination of its Rs 358 crore sponsorship deal with the BCCI. 

    The agreement, signed in July 2023 and set to run until March 2026, included Rs 3 crore per home match and Rs 1 crore per away match. 

    However, with the new legislation, Dream11 officials met with BCCI CEO Hemang Amin in Mumbai to mutually end the partnership, leaving Team India without a jersey sponsor as the Asia Cup looms.

    The departure of Dream11 has created logistical challenges, with Asia Cup jerseys already printed with the company’s logo now deemed unusable. BCCI Secretary Devajit Saikia emphasised the board’s commitment to compliance, stating, “If it’s not permissible, we’ll not do anything. The BCCI will follow every policy of the country framed by the central government.”

    Industry speculation also points to Reliance Jio as a potential contender, given its existing ties to Indian cricket through broadcasting and sponsorship deals.

    The race for the jersey sponsorship comes amid what some call the “jersey jinx,” a pattern where past sponsors like Sahara, Byju’s, and now Dream11 faced financial or regulatory troubles after securing the deal. 

    Despite this, the allure of Team India’s jersey remains unmatched, with its global audience making it a prime marketing asset.

    With time running short, the BCCI faces pressure to finalise a new sponsor before India’s Asia Cup opener against the UAE on September 10. Should a deal not materialise, Team India may take the field without a title sponsor for the first time in decades, a rare scenario for a cricketing powerhouse. 



    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

    Related Posts

    Singapore super-app Grab to acquire US fintech Stash

    Fintech

    Data breach at fintech giant Figure affects close to a million customers

    Fintech

    Fintech Meetup Introduces Digital Assets Series as Crypto Moves from Conversation to Execution

    Fintech

    Data breach at fintech firm Figure affects nearly 1 million accounts

    Fintech

    Canadian fintech investment moderated in 2025 following megadeal surge

    Fintech

    Vietnam’s fintech sector enters a post-MoMo reality

    Fintech
    Leave A Reply Cancel Reply

    Top Picks
    Cryptocurrency

    Cryptocurrency market nervousness grows

    Precious Metal

    Atalaya Mining Copper prévoit une production de cuivre de 48 à 52 kt en 2025 -Le 18 mars 2025 à 08:13

    Commodities

    See which Michigan counties have the most foreign-owned agricultural acres

    Editors Picks

    Citi projects high value for stablecoins

    October 2, 2025

    Tech firms see UK as most attractive market to grow – but for how long?

    August 28, 2025

    Australian financiers launch investment firm to tap strategic metals boom

    October 28, 2025

    Energy bills can drop £200 with just one £20 item plumbers love

    November 23, 2025
    What's Hot

    NS&I explains Premium Bonds rule and why some customers have to wait an extra month | Personal Finance | Finance

    September 5, 2025

    How Entertainment Brands Can Use Technology To Help Build Loyalty

    November 4, 2025

    A Canadian Dividend Stock I’d Hold Through Anything

    February 17, 2026
    Our Picks

    What the Texas state fair can teach us about real estate – Daily News

    October 25, 2025

    Zambian copper belt crisis: 50 million litres of acidic wastewater from Chinese mine contaminates Kafue River basin

    September 10, 2025

    Personal Finance: Playing defense with dividend stocks

    April 5, 2025
    Weekly Top

    Copper prices must double to power the world’s clean energy future

    February 18, 2026

    Data breach at fintech giant Figure affects close to a million customers

    February 18, 2026

    I Asked ChatGPT To Plan a $200,000/Year Retirement Budget — Here’s What It Said

    February 18, 2026
    Editor's Pick

    Flexys Partners With Moneyhub to Bring Open Banking Benefits to the Collections Industry

    August 7, 2024

    Bitcoin rallies back to $60,000 as tech stocks end their selloff

    August 9, 2024

    UK Investors alerted to 4.5% yield and 10% capital ap…

    July 22, 2024
    © 2026 Invest Intellect
    • Contact us
    • Privacy Policy
    • Terms and Conditions

    Type above and press Enter to search. Press Esc to cancel.