funding round

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.

Mar 25, 2021 15:03
NEW YORK: Sports merchandise behemoth Fanatics has doubled its valuation in just eight months, on the back of a fresh $320 million funding round.  CNBC reported on Wednesday (March 24) that Fanatics’ valuation has risen from the $6.2 billion it was worth last August to $12.8 billion today after the e-commerce giant completed a fresh $350 million Series E round.