Dream11 Recent News & Articles

General News

Feb 13, 2024 NCLT accepts insolvency plea against Dream 11-parent over 7.6 Cr default

Oct 13, 2023 Dream11 to discontinue its investment arm Dream Capital

Oct 13, 2023 Dream11 to discontinue its investment arm Dream Capital

Oct 5, 2023 Dream11 acquires fantasy platform Sixer

Jul 1, 2023 Dream11 bags team India jersey sponsor rights at base price of Rs 358 crore

Jul 1, 2023 Dream11 replaces Byju’s as Team India’s lead sponsor

Oct 10, 2021 Dream11 suspends its operations in Karnataka

Apr 1, 2021 Kalaari Capital’s partial exits from Dream11 help return $206 mn to LPs

Jun 20, 2019 Bombay HC dismisses PIL against Dream11 over gambling and tax evasion

Apr 26, 2019 Dream11 launches ad-free sport aggregator platform FanCode

Funding News

Nov 16, 2022 Eruditus CEO invests in Dream11-backed Khelomore

Nov 24, 2021 Dream11 bags $840 Mn in a new round at $8 Bn valuation

Aug 30, 2021 Exclusive: Dream11 in talks to raise over $400 Mn at $8.5 Bn valuation

Mar 24, 2021 Dream11 scores $400 Mn in a secondary round

Sep 14, 2020 Dream11’s parent entity scoops up $225 Mn at an estimated valuation of $2.5 Bn

Sep 14, 2020 Tiger Global, TPG lead $225 mn funding in Dream11 parent

Sep 6, 2018 Tencent pours in $100 Mn in Dream11 at valuation of $500 Mn

Financial News

Jan 19, 2024 Dream11 posts Rs 6,384 Cr revenue and Rs 188 Cr PAT in FY23

Jan 17, 2023 Dream11’s gross revenue crosses Rs 4,000 Cr in FY22, profit dips 56%

Jan 17, 2023 Gaming unicorn Dream11’s profit takes a hit in FY22

Apr 5, 2022 Dream11 posts Rs 327 Cr profit in FY21; revenue grows 53%

Sep 21, 2021 Dream11’s revenue crosses Rs 2,000 Cr in FY20 with Rs 181 Cr in profits

Nov 21, 2019 Dream11 revenue records 3.5X jump in FY19, spent Rs 785 Cr on Ad and promotion