Dream11 Unicorn
Dream11 is an online fantasy sports platform founded in 2008 by Harsh Jain and Bhavit Sheth, where users draft virtual teams of real athletes across cricket, football, kabaddi and other sports and score points based on real match performance. It is the flagship product of Mumbai-based Dream Sports and became India's first gaming/sports-tech unicorn in 2019; in 2025 it suspended…
Dream11: Funding Rounds
| Date | Round | Amount | Investors | Source |
|---|---|---|---|---|
| 24 Mar 2021 | Growth / secondary | $400 Mn | Falcon Edge Capital ChrysCapital D1 Capital Partners Footpath Ventures Steadview Capital TCV Tiger Global TPG Growth | source |
| 9 Apr 2019 | Secondary (unicorn round) | $60 Mn (secondary) | Steadview Capital | source |
| 7 Sep 2018 | Series D | $100 Mn | Tencent Kalaari Capital Multiples Alternate Asset Management | source |
Acquisitions
Recent Signals
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25 Sep 2025 · regulatory
Dream11 suspends real-money contests, pivots to free-to-play after India's Online Gaming Act 2025 source -
19 Jan 2024 · financial
Dream11 posts Rs 6,384 crore revenue and Rs 188 crore profit in FY23 source -
5 Oct 2023 · ma-strategic
Dream11 quietly acquires fantasy sports platform Sixer source
News on Dream11
No coverage of Dream11 linked yet.
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Who founded Dream11?
Dream11 was founded by Harsh Jain, Bhavit Sheth in 2008.
How much funding has Dream11 raised?
Dream11 has raised $560 Mn across 3 tracked funding round(s), most recently on 2021-03-24. Figures are compiled from cited public sources.
Who are the investors in Dream11?
Investors in Dream11 include Falcon Edge Capital, ChrysCapital, D1 Capital Partners, Footpath Ventures, Steadview Capital, TCV, Tiger Global, TPG Growth.
What does Dream11 do?
Dream11 is an online fantasy sports platform founded in 2008 by Harsh Jain and Bhavit Sheth, where users draft virtual teams of real athletes across cricket, football, kabaddi and other sports and score points based on real match performance. It is the flagship product of…
Where is Dream11 headquartered?
Dream11 is headquartered in Mumbai, Maharashtra, India.
What is Dream11's business model?
Dream11's core value proposition centers on Become a virtual team owner, Free-to-play, second-screen sports entertainment (post-2025 pivot).
How does Dream11 make money?
Dream11's cited revenue streams include Paid-contest platform fee (suspended 2025), Advertising & sponsorship revenue (post-2025 pivot), FY23 operating revenue.