MUMBAI: Fantasy gaming unicorn Dream11, which owns ad-free multi-sport aggregator platform FanCode, has added “digital streaming of sports as well as organising and ticketing of sports events” to its main business objectives, Paper.vc reports.
Seeing as Fancode already has digital streaming of sports within its framework of activity, owning the IP of sports properties (and ticketing of said properties) looks to be a natural progression for the platform that is helmed by former NBA India MD Yannick Colaco and former Sony Pictures Networks India’s sports business head Prasana Krishnan.
Dream11 is a Series D funded enterprise founded in 2012 by Harsh Jain and Bhavit Sheth, boasting Kalaari Capital, Think Investments, Multiples Equity & Tencent as its marquee investors.
Dream11’s rise on the sporting arena has been nothing short of meteoric. What started as a platform targeting India’s cricket crazy audience during the lucrative IPL swiftly went on to become the official fantasy sports platform for the likes of NBA and FIH hockey tournaments. Primarily though, the platform still continues to be cricket-focused, with over 80% of its official deals with cricketing leagues globally.
Related Report
FanCode launches live video streaming service
