Dream11

Dream11

An app-based fantasy platform for multi category sports and leagues

Founded

2008

Headquarters

Mumbai (India)

Status

Series D

Company Details

Website

Socials

Email

Phone

1800-572-9878

Dream11 is the flagship brand of Dream Sports, operating as the world's largest fantasy sports platform. The company primarily serves the Indian market but has expanded its reach globally.

Core Products and Services

Dream11 offers a comprehensive online fantasy sports platform where users can create virtual teams and compete in contests based on real-life sports events. The platform supports various sports, including cricket, football, basketball, kabaddi, hockey, volleyball, handball, rugby, and baseball.

Unique Value Proposition

Dream11's unique value proposition lies in its ability to engage sports enthusiasts actively by allowing them to create and manage their fantasy teams. The platform provides a seamless user experience, leveraging real-time data and analytics to enhance user engagement. Additionally, Dream11 offers cash prizes and other rewards, making it a popular destination for sports fans.

Business Model & Revenue Streams

Dream11 primarily generates revenue through a freemium model:

  • Paid Contests: Users pay an entry fee to participate in paid contests, with Dream11 taking a commission from these fees.
  • Advertisements and Sponsorships: Revenue is also generated through brand partnerships and sponsorships.
  • Commission on Entry Fees: The majority of revenue comes from the commission earned on entry fees for paid contests.

  • Advertising and Sponsorships: Additional revenue streams include partnerships with sports brands and organizations.

Conclusion

Dream11 stands as India’s largest and most influential fantasy sports platform, having revolutionized how fans engage with cricket and other sports through its innovative, skill-based gaming model.Dream11 is well-positioned for continued growth, with opportunities in global expansion, product diversification, and deeper integration of advanced technologies like AI and blockchain to enhance user experience. As competition intensifies, Dream11’s established user base, brand power, and innovative edge make it a dominant force in the rapidly evolving fantasy sports industry.

Key People

Harsh Jain

Bhavit Sheth

Key Metrics

Total Equity Funding

$1.56 Billion

No. of Funding Rounds

5

Latest Funding Round

$100 million, Series D

as of September 6, 2021

Post Money Valuation

$8Billion

as of November 26, 2021

Funding Multiple

5.13

as of November 26, 2021

Investors

Tencent

and 5 more

Employee Count

1828

Similar Companies

Hudle

Exit Details

-

All Funding Rounds

DateRound NameAmountValuationRevenueRevenue Multiple
Investors
September 6, 2021Series D $100 million$8 billion---
January 17, 2017Series CUndisclosed--- Kalaari Capital, Multiples Alternate Asset Management
January 11, 2016Series B Undisclosed----
January 5, 2015Series AUndisclosed--- Kalaari Capital, Think Investments

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