@preetam ; There is nothing like sponsorship. There is a company called Essel Group by Mr Subhas Chandra. He owns Zee TV and many other businesses. TEN Sports group was actually started by Mr Bukhatir of Sharjah (Sheikh who used to organise cricket matches in Sharjah) to show sports events, particularly cricket in middle east. Once cricket stopped in Sharjah, that company suffered losses and it was sold and Mr Subhash Chandra of zee TV bought it. Mumbai FC is also owned by Mr Subhash Chandra as a part of CSR (corporate social responsibility) to get Tax Deductions. Both TEN sports and Mumbai FC have same owner-Subhas Chandra.
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Main Sponsor to be named before the start of this I-League