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A Tata Group spokesperson confirmed the development but declined to share details, while a Vivo spokesperson was not immediately available to comment.
YuppTV is bringing the action to close to 100 countries across Europe, Australia, Sri Lanka, South East Asia (except Singapore and Malaysia), Central and South America, Central Asia, Nepal, Bhutan and Maldives.
Kiwi all-rounder Kyle Jamieson went to RCB for Rs 15 crore, while Australian all-rounder Glenn Maxwell too was picked up by the Virat Kohli-led franchise for Rs 14. 25 crore.
While there have been issues between India and China, the decision has been taken keeping in mind the sponsorship agreement and after consulting the legal team.
The fantasy gaming platform replaced Chinese mobile phone company Vivo for a four-and-a-half month deal.
The one-year pullout could be treated as a moratorium period and if the relations improve, BCCI may look at inking a fresh three-year deal with the company from 2021 to 2023 on revised terms.
The decision comes amid a growing backlash against Chinese companies in India.
Earlier on Thursday, the BCCI officially announced the suspension of the partnership with Chinese smartphone maker Vivo.
Secretary General of the Confederation of All India Traders Praveen Khandelwal questioned the BCCI's decision to award the title sponsorship rights for the 2020 season of IPL to fantasy league platform Dream11.
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