Get All Access for $5/mo

Indian Startup MPL Sports Replaces Nike As Official Kit Sponsor Of Indian Cricket Team Team India will be seen sporting new MPL Sports jersey in their upcoming India's tour of Australia 2020-21

By Debarghya Sil

You're reading Entrepreneur India, an international franchise of Entrepreneur Media.

Unsplash
Representational

The Board of Cricket Council of India (BCCI) on Tuesday announced that it has inked a deal with Mobile Premier League's (MPL) sports subsidiary brand, MPL Sports, as the new kit sponsor and official merchandise partner for the Indian cricket team.

According to the agreement, MPL Sports has entered into a three-year agreement from November 2020 to December 2023. . The senior men and women and the under-19 teams are part of the deal for the new kits. Viewers will soon see the MPL sponsored Indian jersey in the upcoming men's tour of Australia 2020-21.

Apart from jerseys, MPL Sports will also be allowed to sell licensed team India merchandise. MPL Sports will offer the jerseys and its wide range of team India merchandise to fans at affordable prices.

Currently, global sports merchandise brand Nike was sponsoring Team India's apparel. According to a PTI report, Nike had a deal of five years from 2016 to 2020 where they paid INR 370 crore. However, the MPL Sports' sponsorship amount was not disclosed.

Jay Shah, honorary secretary, BCCI said, "The partnership leads us to a new frontier for Team India and for sports merchandising in the country. We look forward to working with a young Indian brand like MPL Sports to tap the potential that this sphere holds. This partnership aims at facilitating access to high-quality Indian cricket fan merchandise, including the coveted Indian cricket team jersey for cricket fans not just in the country but globally."

Sourav Ganguly, president, BCCI, said, "We are delighted to announce the dawn of a new era for Indian cricket with the appointment of MPL Sports as the kit sponsor for the Indian men's and women's national cricket team until 2023. We look forward to MPL Sports adding a new chapter to the team's kit, and bring Official BCCI licensed merchandise within easy and convenient reach for the billion-plus fans who cheer for Team India."

Founded in 2018 by Sai Srinivas and Shubh Malhotra, MPL has emerged strong in the fantasy gaming segment in the country. The startup has been trying to embolden its association with favourite sports of the country, cricket. This year, the startup was among a flock of companies which sponsored one of the most popular T20 cricket tournaments IPL. Its rival Dream11, another fantasy gaming startup, had won the title sponsor of the tournament.

Commenting on the partnership, Abhishek Madhavan, senior vice-president, growth and marketing, MPL and MPL Sports, said, "India is a market with a billion cricket fans and we see a lot of potential in the underpenetrated merchandise market in India. We hope to partner closely with the BCCI and take all kinds of team India merchandise to the masses - with offline as well as online distribution at affordable prices. Associating with the Indian national cricket team is a matter of huge pride for us and we want every fan in the country to feel the same way and have access to the merchandise they can proudly flaunt."

Debarghya Sil

Entrepreneur Staff

Former Correspondent

Business News

Apple Is Adding ChatGPT to iPhones This Week. Here's How It Works.

ChatGPT will take over questions that Siri can't answer.

Marketing

He Pitched His First Business at 12 and Sold a Company for 8 Figures When He Was 23. Here's This Gen Z Marketing Expert's Next Big Move.

Griffin Haddrill built a marketing empire working with artists like Justin Bieber and Lil Nas X. Learn how he tapped into Gen Z's digital culture and turned viral campaigns into a business model.

Growing a Business

5 Effective Strategies to Boost Your Business's Online Presence

Boosting your online presence in 2025 is the key to success for businesses looking to grow. Working on your branding and reputation management is important to drive more sales and improve conversion.

Growing a Business

How to Spot Trends and Anticipate Market Shifts Before Your Competition

Discover how to identify disruptive trends before your competitors by mastering the art of anticipating market shifts. Learn strategies for staying ahead and gaining a competitive edge in business.

Business News

Macy's CEO Confirms Employee Made Accounting Errors Worth $151 Million, Though Not for 'Personal Gain'

The company announced its third-quarter earnings Wednesday after a delay.

News and Trends

2025 to Test AI Ideas for Viability: Sequoia's 3 Predictions

If 2024 was AI's primordial soup year, 2025 will be about the foundations solidifying, according to David Cahn, partner at Sequoia Capital