India, Aug. 25 -- The Board of Control for Cricket in India (BCCI) said on Monday that Dream11 has pulled out as jersey sponsors of the Indian cricket team and that the board was now searching for a new sponsor.

"Our association with Dream11 is over after the new legislation has come into force," BCCI secretary Devajit Saikia told HT, referring to the law enacted banning real money gaming (RMG). "For the next course of action, we are deliberating on what the alternatives should be."

Asked whether BCCI was confident of finding a new sponsor ahead of the T20 Asia Cup starting on September 9, he said: "We are working with a positive mindset."

A telecom major, global car manufacturer and a fintech firm are among those who have reportedly e...