BCCI established the competition in 2007, with eight teams participating in the first season. The tournament’s owners were chosen through bidding on January 24, 2008, with a starting price of about $400 million for each team.
After the bidding, the selected bids and the locations where the teams will be headquartered were declared: Chennai, Hyderabad, Bangalore, Jaipur, Kolkata, Mohali, Delhi, and Mumbai.
All of the franchises were ultimately sold for a total of $723.59 million. The Indian Cricket League decided to end in 2008.
The IPL was the first popular sport to stream live via YouTube in 2010. The IPL’s branding value was estimated by Duff & Phelps to be 47,500 crores (US $6.3 billion) in 2019.
The 2015 IPL tournament increased the Gross Domestic Product of the Indian economy by Rs 1,150 crores (US $150 million), according to the BCCI.
IPL Sponsors List 2023
The IPL 2023 now counts RuPay as an official partner. The BCCI names TATA as VIVO’s replacement as the IPL 2023 edition title sponsor. The online food-buying company Swiggy is slated to be the 6th official on-ground sponsor of the Indian Premier League.
|Official Partners||CRED, Upstox, RuPay, Swiggy Instamart, Dream11, Unacademy.|
|Official Broadcasters||Star Sports|
|Official Strategic Timeout Partner||CEAT|
|Official Orange & Purple Cap||Aramco|
|Official Digital Streaming Partners||Disney+Hotstar|
Sixteen top brands have so far signed on with Star India to sponsor the IPL telecast. Amul, Parle Products, MakeMyTrip, Colgate, and Vu TV are five further big names.
IPL Title Sponsor History
|TATA||2022 to 2023||₹439.8 crores||$58.4 million|
|Vivo||2021||₹439.8 crores||$58.4 million|
|Dream11||2020||₹222 crores||$29.5 million|
|Vivo||2018–2019||₹439.8 crores||$58.4 million|
|Vivo||2016–2017||₹100 crores||$13.3 million|
|Pepsi||2013–2015||₹79.4 crores||$10.5 million|
|DLF||2008–2012||₹40 crores||$5.3 million|
Prize From Sponsors
|Title sponsorship from TATA||₹440 crores|
|Official Sponsors||₹210 crores|
|Umpire Sponsors||₹28 crores|
|Official strategic timeout Sponsor||₹30 crores|
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IPL Team Owners
|Gujrat Titians||CVC Capital|
|Chennai Super Kings||CSK Cricket Limited|
|Delhi Capitals||GMR & JSW Group|
|Kolkata Knight Riders||Mehta Group & Red Chillies Entertainment|
|Lucknow||RPSG Group of Sanjiv Goenka|
|Mumbai Indians||Reliance Industries|
|Sunrisers Hyderabad||Sun TV Network|
|Royal Challengers Bangalore||United Spirits Limited|
|Rajasthan Royals||Ryan Tkalcevic, Shane Warne, Manoj Badale, Lachlan Murdoch, Amisha Hathiramani.|
|Punjab Kings||Preity Zinta, Ness Wadia, Karan Paul & Mohit Burman|
IPL Teams Brand Values
|Chennai Super Kings||$332 million||₹2,500 crore|
|Delhi Capitals||$49.1 million||₹370 crore|
|Kolkata Knight Riders||$72.1 million||₹543 crore|
|Mumbai Indians||$358.6 million||₹2,700 crore|
|Gujrat Titians||$747.0 million||₹5,625 crore|
|Lucknow Franchise||$941.6 million||₹7,090 crore|
|Punjab Kings||$42.2 million||₹318 crore|
|Rajasthan Royals||$33.1 million||₹249 crore|
|Royal Challengers Bangalore||$71.2 million||₹536 crore|
|Sunrisers Hyderabad||$58.7 million||₹442 crore|
IPL Teams Sponsors List 2023
Gujarat Titans IPL Sponsors List
The holder of the Gujarat Titans sports team is CVC Capital. In the IPL 2022 Team Bidding, CVC Capital purchased the Ahmedabad IPL franchise for 5625 crores (more than 692 million USD).
|Principal Partner||Ather Energy|
|Official Partners||Dream11, boAt, Kotak Cards, AMUL|
|Radio Partner||Radio Mirchi(r)|
|Associate Partners||ACKO, Toothsi, JIO, Simpolo Ceramics, Meesho, Capri Global, BKT Tires, Astral.|
Lucknow Super Giants Sponsor List
|Associate Sponsor||Greenply Industries, Acko, Credenc.com, DPGC.|
|Official Partners||GIGABYTE Technology & AORUS, Too Yum!|
Rajasthan Royals Sponsor List
Happilo has continued to serve as an official partner for RR.
|Media Partners||BIG FM 92.7, City 1016|
|Associate Sponsors||Studds, Colgate, Goel TMT, Goel Pipes,|
|Principal Sponsor||BKT, Reliance JIO, TV9 Bharatvarsh, KEI Wires and Cables|
|Official Suppliers||Yellow Panther, Sportz interactive, Interactive Avenues,|
|Official Partners||Kotak, Kingfisher, Dream11, MX TakaTak, Dettol, Niine, GoPro, G-Shock, Barbados, Mai Dubai|
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Sunrisers Hyderabad Sponsor List
As the main sponsor, Cars 24 has expanded its relationship with Sunrisers Hyderabad. On the cricketers’ helmets for Sunrisers Hyderabad, you can see “Cars 24.”
|Title Sponsor||JK Lakshmi Cement|
|Principal Sponsor||Ralco Tyres, Kent Mineral RO, Reliance JIO|
|Official Sponsor||Dream11, TCL, ACKO Insurance, Colgate, Jai Raj Steel|
|Official Partners||Kotak, Amul Kool, MX TakaTak, SUN Network, TYLA, Tenali Double Horse Urad Dall.|
|Merchandise partners||Fan Code Shop, Cover It UP|
Delhi Capitals Sponsor List
JSW Sports and GMR Group have agreed to a 50 – 50 collaboration in GMR Group’s Delhi Daredevils, which are controlled by GMR Sports Private Limited, according to a GMR Group (GSPL) statement.
|Principal Sponsor||Reliance JIO JSW, EXIB Cash, APL Apollo Steel Pipe.|
|Associate Sponsors||Cup Noodles, Dream11, MX TakaTak, ACKO, Cornitos, GAAR Aerocity, Colgate, Evolut, Octa FX, PhonePe, Wrogn.|
|Official Partners||Western Digital, BKT, Optimum Nutrition, LG OLED, Maxirich, HUNK, BOAT, Kotak, Fever FM, Matrix|
Punjab Kings Sponsor List
It has been confirmed that EBIX Cash will represent Punjab Kings in IPL 2022.
|Title Sponsor||EBIX Cash|
|Merchandise Partners||T10 Sports|
|Principal Sponsor||Oasis All Seasons, Dream11, BOAT, BKT, Lotus Herbals, Reliance JIO.|
|Official Partners||Cocacola, Kingfisher, Socios. Com, MX TakaTak, Kotak, Endura Mass, Asian Footwears, MCF( My Classroom Foundation), Fancode Shop, Go First Airline, Bodycare, Colgate, Tech Mahindra, Spektacom|
Chennai Super Kings Sponsor List
CSK has a three years agreement that makes TVs Eurogrip the team’s leading sponsor.
|Pouring Partners||Amul Kool|
|Digital Partners||Amazon Pay, Aqilliz|
|Principal Partners||British Empire, Nippon Paints, Reliance JIO, TVS Eurogrip, India Cements, Gulf Oil, SNJ 10000, Astral Pipes, Equitas|
|Radio Partners||Fever FM, Hello FM|
|Merchandise Partners||The Souled Store, Fully Filmy, Christy Textiles, Levista Instant Coffee, ICICI Bank, Fan Craze, Fan Play, Atlas Ware, NAC Jewellers, Nasher Miles.|
Royal Challengers Bangalore Sponsor List
The primary sponsorship of RCB has been identified as Brand Muthoot Fincorp.
|Title Sponsor||Muthoot Fincorp|
|Principal Partners||Reliance JIO, EXIDE, DP World.|
|Official Partners||iB cricket, Socios.com, Herbalife Nutrition, Kotak, Nestle MILO, DNA Networks, Kingfisher, Fever 104 FM, Myntra, JAIN Deemed-to-be University, BKT, Sosyo, EUME Fever 104 FM, MX TakaTak.|
|Associate Partners||MPL, BOAT, PUMA, MAX Life Insurance, PhonePe, Nippon Paints.|
Mumbai Indians Sponsor List
Indian travel company Slice has been named MI, the current IPL winner, its primary sponsor for a full year.
|Marriott Bonvoy, Reliance Jio, Astral Pipes.|
|MX TakaTak, PhonePe, Kingfisher, USHA, ACKO, Cadbury Dairy Milk, Colgate, Kotak, Dream11, BKT, Men of Platinum, Amul Kool, Boat, Performax, ESA, DNA Networks, Radio City 91.1 FM, Fever 104 FM|
Kolkata Knight Riders Sponsor List
Winzo Sports & Unacademy were chosen as the club’s major sponsors for KKR, which celebrity Shahrukh Khan founds.
|Principal Sponsor||Winzo Sports, Unacademy|
|Official Sponsors||LUX Cozi, TV9 Bharatvarsh, Joy – Beautiful by Nature, Reliance JIO, 1 Finance, ACKO, Wrong|
|Official Partners||McDowell’s No.1 soda, Nestle Munch, LG, BKT, Thums UP, Kotak, Mio Amore, OPEN, Rollick|