PayTM, an Indian e-commerce player, has bagged the sponsorship rights for Board of Control for Cricket in India's (BCCI) cricket series in the country.
Media agency Maxus, with GroupM ESP, helped the brand win the sponsorship rights for all the home cricket series to be played from September 2015 to October 2019.
GroupM claims that this the first time a sponsorship deal for the BCCI has been facilitated by a media agency.
Kartik Sharma, MD, Maxus South Asia, says, "We are extremely happy for partnering with PayTM and helping them win the BCCI rights. Until now, cricket has been dominated by other mature categories, and this is the first time an e-commerce brand will be using the platform to connect and engage with its consumer base."
Shankar Nath, senior VP, PayTM, adds, "We are delighted at becoming the Title Sponsor for all BCCI India cricket for the next four years. We firmly believe the partnership with cricket in India will help establish us even more as the dominant mobile commerce company in the country. As a growing brand which has big plans, there is no platform better than cricket in India."
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