Star asks BCCI for ‘discount’, Byju’s wants board to encash bank guarantee
Updated On: 10 January, 2023 08:30 AM IST | New Delhi | PTI
In November, BYJU’s had communicated to the BCCI that it wants to exit as the jersey sponsor of the Indian cricket team but the board asked the ed-tech company to continue until at least March 2023
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India’s home season media rights holder Star India has asked the BCCI for a Rs 130 crore discount in the existing deal while jersey sponsor BYJU’s, which is on its way out, wants the board to encash bank guarantee worth an estimated Rs 140 crore to honour the current agreement.
In November, BYJU’s had communicated to the BCCI that it wants to exit as the jersey sponsor of the Indian cricket team but the board asked the ed-tech company to continue until at least March 2023.
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