Paytm belongings BCCI title sponsorship rights for all international series [ Current Affairs ]


About Paytm: Paytm is an Indian e-commerce shopping website. It was launched by One97 Communications which primarily focused on Mobile and DTH Recharging in 2010. Vijay Shekhar Sharma is founder and CEO of this company.

  • It’s headquarter is in Noida, India.
  • Paytm entered in India’s e-commerce market in 2014.
  • The company launched Paytm Wallet in 2014.
  • It also launched booking of travelling on bus in 2015.

Use of Paytm:

  • It mainly provides recharging and bill payment of various portals like electricity bills, gas bills, as well as telephone bills.
  • It provides facilities and products like Flipkart, Amazon and Snap deal provides.

About BCCI:

  • BCCI stands for Board of Control of Cricket in India.
  • It is the national leading organization for cricket in India.
  • The board was made in December 1928 as a society.
  • It was registered under the Tamil Nadu Societies Registration Act.
  • It is a group of state cricket associations and the state associations select their representatives who elect the BCCI officials.

BCCI title sponsorship rights:

  • It got the title rights from Board of Control for Cricket in India (BCCI) for all international and domestic crickets in India over the next 4 years.
  • In this deal, BCCI appoints Paytm as the title sponsor for every mutual home series hosted by BCCI till 2019 in which there will be total of 84 matches.
  • This partnership with cricket in India will help Paytm to establish further as the leading mobile commerce company in the country.

- Published on: August 3, 2015