India unveils new team jersey with sponsor Byju's logo

India's new jersey with shirt sponsor Byju's logo was unveiled in Dharamsala ahead of the first Twenty20 International against South Africa on Sunday.

Captain Virat Kohli, deputy Rohit Sharma and coach Ravi Shastri launched the kit at a press conference. Byju's replaced Oppo as the new shirt sponsor in July.

The deal is from September 5, 2019 to March 31, 2022.

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Oppo had inked a five-year deal with the BCCI in 2017, reportedly worth Rs. 1079 crore.

"The BCCI has a clause which allows transfer of sponsorship," a BCCI official said at the time. A source added that the transfer is a “tripartite agreement” between Oppo, Bengaluru-based BYJU's and the BCCI, which will, therefore, not lose any money with the new sponsor paying exactly the same as Oppo.

As per the deal, Oppo was paying BCCI Rs 4.61 crore per bilateral match and Rs 1.56 crore for an ICC event match.