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Good News Byju's to become Team India's new jersey sponsor as Oppo backs out

[Image: gettyimages-1135498336-1564025227.jpg]

After India's tour of West Indies, there will be a new brand name on Team India's jersey as Oppo makes way for Byju's. The Chinese smartphone brand, which had made a winning bid of about Rs. 1,079 crore for the jersey rights in March 2017 for a period of five years, will now be succeeded by the Bangalore-based educational technology firm.

According to a report in the Times of India, Oppo has made the decision to exit the space and reallocate the rights to the educational firm because they now find the value which they acquired the rights in 2017 to be 'extremely high' and 'unsustainable'.

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