BCCI announces Upstox as an official partner for IPL with multi-year partnership
The Indian Premier League Governing Council (IPL GC), on Tuesday, announced their partnership with Upstox, a digital brokerage firm for the 2021 edition of the Indian Premier League in a multi-year partnership. IPL's chairman Brijesh Patel added that this deal could have an impact on the audience.
The Indian Premier League Governing Council (IPL GC) today announced Upstox, one of India’s leading and fastest-growing digital brokerage firms, as an official partner for IPL, which will begin on April 9th, 2021. This will be a multi-year partnership.
Founded with the vision of making financial investing easy, equitable, and affordable to all Indian investors, Upstox provides online investments in Stocks, Mutual funds, Digital Gold, Derivatives, and ETFs for both investors and traders. Backed by marquee investors such as Tiger Global, Upstox currently has over 2.8 million customers.
"We are pleased to have Upstox on board as an official partner of the Indian Premier League 2021. As one of the most-watched cricket leagues in India, IPL along with Upstox, one of India’s fastest-growing digital-trading platforms, can create a huge impact on the audience, especially the millions of Indian youth who are financially independent and looking for more options to manage their portfolios," Mr Brijesh Patel, Chairman, IPL, said in the press release.
"We are thrilled to partner with BCCI for IPL 2021. In India, Cricket is more than just a sport. It is an important part of our culture and social life, with a huge fan-following, especially by the millennials. IPL has paved a bold new direction to Indian cricket in the last decade just like Upstox, which is revolutionizing finance in India. This is what sparks a natural connection between both the brands. With this integration of sports and finance, we intend to spread financial awareness across the country," Commenting on the partnership, Mr. Ravi Kumar, Co-founder & CEO, Upstox said.
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