Dream Sports Raises $840 Million at $8 Billion Valuation for Sport Industry

Dream Sports is a sports tech conglomerate that includes such brands as Dream11 – a fantasy sports platform, FanCode – a digital sports platform for personalized content, DreamX – a sports accelerator, DreamSetGo – a sports experience platform, and DreamPay – a payment solutions provider.

The recent round was led by RedBird Capital, Falcon Edge, DST Global, D1 Capital, and Tiger Global. TPG and Footpath Ventures also took part. Dream Sports is going to focus on the development of the sports ecosystem beyond fantasy gaming. “We see a massive opportunity in going deep into sports like kabaddi… beyond cricket… and that is what we are aiming to do with this funding,” Harsh Jain, CEO, said.

Dream Sports was founded in 2008 by Bhavit Sheth, Harsh Jain in Mumbai. As of now, the company has more than 140 million users. The main aim of Dream Sports is to make the sports experience for people better by bringing up technology and sports together. Moreover, the company established a Dream Sports Foundation for providing deserving individuals support and assistance. Thus, making the sports industry in India better.

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