Dream11

Dream Sports raises $840m in new funding round at $8bn valuation

Last updated : Nov 27, 2021 08:11

SportzPower Team

Nov 25, 2021 17:11

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MUMBAI: Homegrown sports tech platform Dream Sports, parent company of fantasy gaming unicorn Dream11, has raised $840 million in a fresh funding round led by Falcon Edge, DST Global, D1 Capital, RedBird Capital and Tiger Global, at an enterprise valuation of $8 billion.

The current round also saw participation from existing investors such as TPG and Footpath Ventures, making it among the largest investments in India in the sports and gaming tech sector, the company stated.

Oct 29, 2021 11:10

Chelsea unveil official fan experience partners in India

MUMBAI: Chelsea FC have joined forces with DreamSetGo who become the Premier League club's first-ever Official Indian Fan Experience Partner, helping to bring Blues supporters in "India closer to the club than ever before".

Aug 12, 2021 18:08

Dream Sports' investment arm makes public $250m CVC fund

MUMBAI: Dream Sports, parent company of fantasy gaming platform Dream11, has made public its corporate venture capital and M&A subsidiary - Dream Capital (DreamCap). The $250 million corporate venture capital (CVC) fund has been mandated to invest in sports, gaming and fitness-tech startups.

Aug 06, 2021 05:08

SC reaffirms Dream11 fantasy sports format as game of skill

NEW DELHI: The Supreme Court has upheld online fantasy gaming site Dream11’s fantasy sports format as a ‘game of skill’ by its order dated 30th July 2021. Through this order, it dismissed a Special Leave Petition (SLP) that argued that the Online Fantasy Sports (OFS) format offered by Dream11 amounted to gambling, wagering and betting and is not a ‘Game of Skill’.

Apr 22, 2021 18:04

Dream11 partners with PUMA to launch athleisure collection

MUMBAI: Fantasy sports platform Dream11 has entered into a partnership with the global sports brand PUMA to launch its first athleisure collection in India. The two entities have co-created an exclusive range under the label - PUMAxDream11. The merchandise assortment includes t-shirts, flip-flops and caps and will be available online on FanCode Shop, at exclusive PUMA stores and PUMA.com.

Mar 24, 2021 17:03

Dream Sports raises $400m in fresh funding at $4bn+ valuation

MUMBAI: Dream Sports, parent company of India's leading fantasy sports platform Dream11, has raised $400 million in a new financing round. With this funding, which didn’t include issuance of any new shares, Dream Sports is now valued at an incredible $4 billion+, just six months after it raised $225 million at a $2.5 billion valuation.

Feb 11, 2021 17:02

Deepak Jacob joins Dream11 parent as Group general counsel

MUMBAI: Deepak Jacob, till very recently chief regional counsel, Direct-to-Consumer & International - India, ME & SEA, The Walt Disney Company, has joined Dream Sports Group, the parent company of Dream11 and FanCode, as Group general counsel.

Jan 27, 2021 17:01

FanCode to live stream all NZC domestic matches for 6 yrs

MUMBAI: FanCode, Dream11's parent company Dream Sports-promoted digital sports destination, has partnered with New Zealand Cricket (NZC) to exclusively live stream all of their domestic matches for six years until 2026. The agreement has commenced with the sixteenth season of Dream11 Super Smash matches which started on December 24, 2020.

Dec 24, 2020 16:12

NBA, Dream11 extend, expand fantasy gaming partnership

MUMBAI: The National Basketball Association (NBA) and Dream11 have extended their fantasy gaming partnership by offering the Women’s National Basketball Association (WNBA) and the G League for the first time to Dream11’s users in India. Dream11 now becomes the official fantasy partner of the NBA, WNBA and G League in India.

Dec 18, 2020 18:12

Dream Sports appoints ex-Softbank exec as comms, advocacy lead

MUMBAI: Dream Sports, parent company of India's leading fantasy sports platform Dream11, has appointed Paroma Roy Chowdhury, who just this month resigned as Softbank's senior director of Asia communications and public affairs, to the newly-created role of chief communications and advocacy officer.

Nov 12, 2020 17:11

IPL 2020 viewership up 28%, fan engagement sees surge

MUMBAI: Indian Premier League 2020 marked the return of cricket after the hiatus since March 2020. Despite the in-stadium attendance and activity restrictions, due to the pandemic, IPL 2020 has already broken its viewership records and has seen a 28% increase as compared to IPL 2019 in viewership.

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