Categories: Industry News
October 11, 2018
| On 4 months ago

Dream 11 has become a market leader in the Indian Online fantasy gaming space

By Rajsi Swaroop

Dream 11 has become a market leader in the Indian Online fantasy gaming space

Mumbai based fantasy gaming sports platform, Dream11 has become the giant of the Indian Online fantasy gaming space after receiving the $100 million from Tencent. Company owners and childhood friends Harsh Jain and Bhavit Sheth came up with the idea of launching a fantasy sports league in 2009 and hoping to become a beast of the fantasy gaming world. The concept was taken from the foreign companies but for the first time in India where across billion people are crazy about cricket.

A Legally Tangled Concept

Dream 11 gone through a legal procedure where it was quoted under “The Game of Chance” but they fought it legally and proved that it is a “Game of skill” which initially helped the league to flourish in the country.

The valuation of dream11 took a flight from $700 million-$800 million after they proved the 5cr people’s database to the foreign investors and got a funding of $100 million.

Note:-India Fantasy caters to sports enthusiasts who are willing to play on fantasy platform to win big. We provide fantasy previews for platforms such asDream11 but do not run any cash contests on our website.
Rajsi Swaroop

I am Sports Fan precisely Cricket, Football, Tennis. I want to give my life to the sports media so that India will become a Sporting nation soon.

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