Troubled by the political bickering that had first forced the company to opt out of the IPL ahead of the 2020 season, Vivo once again decided to exit because of the lack of traction they were getting out of the investment. The BCCI have found a new title partner in the Tatas, and a deal has been signed for the 2022 edition, following which either renegotiations will take place or the BCCI will float a fresh RFP.

from Times of India https://timesofindia.indiatimes.com/sports/cricket/ipl/top-stories/bcci-stitches-ipl-deal-with-tatas-to-hand-vivo-a-smooth-exit/articleshow/88831430.cms