Who is the Owner of Dream11?
Dream11, the fantasy sports platform that has taken the gaming world by storm, is a household name for millions of sports lovers. But who owns this innovative company? Let’s explore the ownership structure of Dream11 and uncover the journey of its founders.
When It Was Launched?
Dream11, founded in 2008, revolutionized the concept of fantasy sports in India. It offers users the opportunity to create virtual teams and participate in various sports leagues, including cricket, football, basketball, and more.
Founders of Dream11
Harsh Jain and Bhavit Sheth are the masterminds behind Dream11. Their passion for sports and technology inspired them to create a platform that would blend gaming with real-life sports experiences. This vision laid the foundation for Dream11’s success.
Major Investors
Over the years, Dream11 has attracted significant investment from renowned venture capital firms and investors. Tencent, one of the world’s leading technology companies, has been a major investor in Dream11, underscoring its potential and growth prospects.
Current Owner
As of the latest available information, Harsh Jain, Bhavit Sheth, and the founding team maintain ownership of Dream11. While there have been rumors of acquisition interest from various entities, the company continues to operate independently under their leadership.
Dream11’s Journey
From its humble beginnings as a startup to becoming a unicorn in the Indian startup ecosystem, Dream11’s journey has been remarkable. It has witnessed exponential growth, fueled by its innovative offerings and strategic partnerships.
In 2019, Dream11 achieved unicorn status, reaching a valuation of over $1 billion. This milestone solidified its position as a leader in the fantasy sports market and underscored its potential for further growth and expansion.
