Dream11 is preparing to replace BYJU’s as the primary jersey sponsor for the Indian team

gaming platform for fantasy For an unknown sum that is likely to be smaller than the previous agreement, Dream 11 is prepared to take over Ed-Tech giant BYJU’s as the primary shirt sponsor of the Indian cricket teams.

After the conclusion of the previous financial cycle, BYJUs left, and BCCI requested closed bids for a new sponsor. Dream11 was one of the well-known companies to have filed its offer.

“Yes, Dream11 will be the Indian team’s new jersey sponsor. You may anticipate an announcement in the next few days, a BCCI source who is following the situation said PTI on the condition of anonymity.

When contacted, representatives of Dream11 said that various procedures must be followed before the transaction can be formally announced.

One group of businesses that were forbidden from making bids was Real Money Gaming (RMG) providers like Rummy and Poker.

For principal jersey sponsors, the amount paid for each bilateral match in which the sponsors’ name appears in the centre of the jersey is three times greater than the amount paid for an ICC match in which the country name appears in the centre of the jersey and the sponsors’ logo does not receive a vantage positioning.