Dream11

For the mixed martial arts event in Japan, see Dream 11.

Dream11
Company typePrivate
IndustryFantasy sports[1]
Founded2008; 16 years ago (2008)
Founders
  • Harsh Jain
  • Bhavit Sheth
Headquarters
Mumbai, Maharashtra, India
Area served
India
RevenueIncrease ₹6,384 crore (US$760 million) (FY23)
Increase ₹188 crore (US$23 million) (FY23)[2]
OwnersSporta Technologies Pvt Ltd[3]
Number of employees
800+ (September 2022)
ParentDream Sports[4][5]
Websitewww.dream11.com

Dream11 is an Indian fantasy sports platform[6] that allows users to play daily fantasy sports contests, primarily in cricket.[7][8][9] In April 2019, Dream11 became the first Indian fantasy sport company to become a unicorn.[10] In November 2021, Dream11 was valued at $8 billion.[11][12] In October 2023, Dream11 claimed to have 200 million users.[13]

  1. ^ "Dream11 turned fantasy (gaming) into reality. Now it's eyeing a diversified sports tech future". Archived from the original on 11 June 2022. Retrieved 11 June 2022.
  2. ^ "Dream11 posts Rs 6,384 Cr revenue and Rs 188 Cr PAT in FY23". EnTrackr. Retrieved 26 January 2024.
  3. ^ www.thecompanycheck.com. "SPORTA TECHNOLOGIES PRIVATE LIMITED - Company Details". The Company Check. Archived from the original on 18 August 2022. Retrieved 24 March 2022.
  4. ^ Laghate, Gaurav (28 August 2020). "Dream Sports' FanCode launches fan merchandise store". The Economic Times. Archived from the original on 12 December 2020. Retrieved 1 September 2020.
  5. ^ James, Nandana (19 August 2020). "Dream11 is a proud homegrown brand, says Harsh Jain". @businessline. Archived from the original on 22 August 2020. Retrieved 1 September 2020.
  6. ^ Gooptu, Biswarup (19 April 2018). "Internet giant Tencent in advanced talks to invest $100 million in Dream11". The Economic Times. Archived from the original on 24 April 2018. Retrieved 24 April 2018.
  7. ^ "How to setup your Dream11 app and earn money during this IPL 2018". The Indian Express. 13 April 2018. Archived from the original on 24 April 2018. Retrieved 24 April 2018.
  8. ^ "FoxyMoron bags the digital mandate For Dream11 - ET BrandEquity". ETBrandEquity.com. Archived from the original on 24 April 2018. Retrieved 24 April 2018.
  9. ^ Release, ANI Press (31 May 2022). "Dream11 partners with Sportskeeda to launch new 'Dream Big' stories". www.business-standard.com. Archived from the original on 10 August 2022. Retrieved 10 August 2022.
  10. ^ "Steadview investment catapults Dream11 into Unicorn league". ETtech.com. Archived from the original on 10 April 2019. Retrieved 10 April 2019.
  11. ^ Choudhury, Neha Alawadhi & Deepsekhar (24 November 2021). "Dream 11 parent Dream Sports raises $840 mn at valuation of $8 bn". www.business-standard.com. Archived from the original on 15 December 2022. Retrieved 15 December 2022.
  12. ^ "Dream Sports bags $840 million at $8 billion valuation". The Economic Times. Archived from the original on 15 December 2022. Retrieved 15 December 2022.
  13. ^ "200 MILLION users on @Dream11!". X (formerly Twitter). Retrieved 19 October 2023.