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Zelio E-Mobility signs MoU with K.P.H. Dream Cricket, ITW Catalyst
Mar-27-2026

Zelio E-Mobility has entered into a Memorandum of Understanding (MoU) with K.P.H. Dream Cricket (Franchisee) and ITW Catalyst (Confirming Party). The MoU sets out the broad terms of understanding whereby the Franchisee shall grant certain sponsorship and association rights to the company in relation to the 2026 Season of the Indian Premier League, with the objective of promoting and marketing the company’s brand ‘Zelio’ through its association with the Punjab Kings team.

The Franchisee shall grant sponsorship and association rights to the company, including branding, digital rights, in-stadia activation and promotional rights, subject to the terms of the MoU and applicable regulations.

The total deal value stands at Rs 1.5 crore (excluding applicable taxes). The MoU is effective from March 25, 2026, to December 31, 2026, unless terminated earlier or replaced by a definitive agreement.

Zelio E-Mobility is primarily engaged in the business of manufacturing, assembling and supplying of electric vehicles, offering a wide range of electric two-wheelers (E-2Ws) and three-wheelers (3Ws), available in a variety of design, color, speed variants etc.


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