As per the agreement between the two sides, the company has promised the IOA a sponsorship amount of Rs one crore. 

''We are happy to inform you about one more sponsorship which is confirmed by SFA Pvt Ltd to IOA. SFA has confirmed our sponsorship of Rs 1 crore,'' IOA Secretary General Rajeev Mehta said in a statement. 

On Wednesday, the IOA got Herbalife as a nutrition partner for the Tokyo Olympics with a sponsorship deal worth over Rs 2 crore. 

The IOA had earlier entered into sponsorship deals with various private entities, including dairy giant Amul, mobile gaming platform MPL Sports Foundation, JSW Sports among others. 

India is sending a 228-strong contingent, including 119 athletes, to the Tokyo Olympics.