COMPANY INFO
Dream11 Fantasy Private Limited is an Indian company founded in 2008 by Harsh Jain and Bhavit Sheth. It operates in the fantasy sports industry with over 1,200 employees as of 2025, and its website is www.dream11.com. Dream11 is a leading fantasy sports platform that allows users to create virtual teams of real sports players and compete in daily fantasy sports contests, primarily focusing on cricket and other popular sports. The company enables sports fans to engage actively with their favorite sports by showcasing their knowledge and competing in various contests.
Dream11 Fantasy Private Limited is India’s largest fantasy sports platform, founded in 2008 by Harsh Jain and Bhavit Sheth. Operating in the fantasy sports industry, Dream11 enables users to create virtual teams of real sports players and participate in daily fantasy sports contests, with a strong focus on cricket, as well as football, kabaddi, and basketball. As of 2025, Dream11 has a workforce of approximately 1,243 employees and boasts over 190 million users. The company is headquartered in Mumbai, Maharashtra, and operates under its parent entity Dream Sports, solidifying its standing as a leader in digital sports engagement.
Dream11 funding has played a crucial role in its impressive growth trajectory. With a total of $1.165 billion raised across 8 funding rounds, the company has consistently attracted significant interest from global venture capital firms and strategic investors. Initial funding rounds focused on product development and market penetration, while subsequent ones enabled aggressive scaling, technology enhancements, and market expansion. Notable funding milestones included large injections of capital from marquee investors, helping Dream11 secure its market leadership and extend its reach in the competitive fantasy sports ecosystem. Its funding strategy reflects a blend of early-stage growth investments and late-stage capital for technology and user acquisition.
This late-stage funding round, led by Tencent, was pivotal for accelerating Dream11's market expansion and advancing technology development to handle a rapidly growing user base.
The Series C round, led by Multiples Alternate Asset Management, provided growth capital to expand Dream11’s product offerings and scale operations across new sports and user segments.
Dream11’s Series A funding, led by Kalaari Capital and Think Investments, was focused on early-stage product development and establishing a firm presence in the Indian fantasy sports market.
A global technology giant, Tencent led Dream11's Series D funding round and has been instrumental in providing not only financial backing but also strategic expertise to help scale technology and expand market presence.
As a key early-stage venture capital firm in India, Kalaari Capital backed Dream11’s Series A round, supporting the company’s foundational growth and initial market strategy.
Multiples led the Series C funding, providing vital growth capital that enabled Dream11 to diversify product offerings and support operational scalability.
Think Investments participated in Dream11’s early funding, offering support during critical product development and early user growth phases.
Alpha Wave Global, a global investment firm, contributed to Dream11's overall funding strategy by supporting later-stage rounds and scaling operations.
D1 Capital Partners is recognized for its strategic investments in high-growth technology companies and played a significant role in Dream11’s major funding rounds.
DST Global brought expertise in scaling digital platforms and was a crucial late-stage investor, supporting Dream11's expansion ambitions.
With a focus on sports, media, and entertainment investments, RedBird Capital Partners helped reinforce Dream11's leadership in the fantasy sports sector.
Tiger Global Management, a prominent venture capital and private equity investor, supported Dream11 to solidify its position in the competitive online gaming market.
Steadview Capital backed Dream11 during critical financial milestones, boosting growth and investor confidence during the company's rapid scale-up phase.
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