Oppo acquired Team India Jersey Sponsorship rights for a period of 5 years in 2017. The Mobile-Manufacturer, however, decided to end the contract in 2019 itself.
In March 2017, Oppo placed the highest bidding of Rs 1,079 crore for Team India Jersey Sponsorship rights from March 2017 to 2022. The Mobile Maker didn't take much time to realize that the price paid is extremely high. Oppo paid Rs 4.61 crore per bilateral match and Rs 1.56 crore for ICC event match for BCCI. Until then, STAR India used to pay Rs 1.92 crore per bilateral match and Rs 61 lakh for ICC event match. Oppo paying more than double proved costly for it in the long run.
The decision of Oppo to end the contract with BCI could pave way for a new jersey. Team India will continue to sport Oppo Logo on the Jersey for the upcoming West Indies tour. From the South Africa tour of India in September, Byju's will be replacing Oppo on the Team India Jersey. This Online Tutorial Firm based in Bangalore is very aggressive when it comes to promotions.