Friday, 24 March, 2023

Dream11 parent Dream Sports raises $225M

<p>Dream Sports, the parent of fantasy sports app Dream11, has raised $225M in a new financing round, which involved Tiger Global Management, TPG, Tech Adjacencies, ChrysCapital, and Footpath Ventures as the key investors. Dream Sports now values at over $2.5B and has raised about $325M to date. Dream11, despite being unavailable on Play Store, has amassed over 100M users, gaining attention from firms like Facebook and Disney. It&rsquo;s also sponsoring IPL this year.</p>