BENGALURU: In the recent light of the banning of Chennai Super Kings (CSK) and the Rajasthan Royals (RR) by the Supreme Court for illegal betting by their owners, cricket fans are feeling a bit low. Corporate biggies such as Hero MotoCorp and JSW have put their plans to buy a team in the Indian Premier League (IPL) on hold because of this controversy, according to TOI.
The e-commerce companies which are flushed with cash from investors are not opting for IPL because of the risks involved in it. Now the IPL also provides a great opportunity for new players to come up in the market and build a brand for themselves. This is the best time to buy an IPL Team because of the two teams that are banned for two year. The e-commerce giants like Amazon, Flipkart, Snapdeal and Paytm will seize this opportunity and will definitely be willing to join the bidding process of IPL. Some of the top business names were doing the rounds for IPL Team selection, among them was the Sajjan Jindal-led $11-billion JSW Group which is awaiting clearance ….before taking a call for the IPL Team selection.
IPL offers a fantastic alternative for unknown gamers who are out there to construct a model of the new team. For the e-commerce giants, Cash is not an issue but there is immense competition within the on-line retail area as far as owning an IPL Team is concerned which could possibly be a serious differentiator.
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