Olympic and World Championship silver medallist PV Sindhu has signed a whopping four-year sports sponsorship deal in the tune of Rs 50 crore with Chinese sports brand Li Ning.

The record deal comes after compatriot Kidambi Srikanth was offered Rs 35 crore over a period of four years by the Chinese company last month. "It will be a deal which is very close to Puma’s deal with Indian cricketer Virat Kohli in terms of yearly sponsorship," Mahender Kapoor, director, Sunlight Sports Pvt Ltd, the multi-national partner of Li-Ning in India, said.