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- Dream11 enjoys a user base of over 110 million in the country. The company attributes this to the Internet penetration and growing adoption of smartphones in India, along with the overwhelming popularity of cricket. Dream11 offers a single-match freemium model of daily fantasy sports.
www.gadgets360.com/apps/features/dream11-fantasy-gaming-cricket-app-startup-co-founder-bhavit-sheth-indian-startups-101-2502309How Dream11 Fantasy Sports Weathered the Suspension of the IPL
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Jun 1, 2021 · What makes Dream11 so popular? Why is it the best fantasy gaming app? Let’s discuss. Number of games available Dream11 is a fantasy sports platform that allows a user to play multiple...
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Dream11 is an Indian fantasy sports platform [6] that allows users to play fantasy cricket, hockey, football, kabaddi, handball, basketball, volleyball, rugby, futsal, American football and baseball. [7] [8] [9] In April 2019, Dream11 became the first Indian fantasy sport company to become a unicorn. [10] In November 2021 Dream11 was valued at ...
Mar 24, 2019 · Key Highlights. Online fantasy sports gaming has become a $1 billion market. It’s expected to reach new heights with the IPL and cricket World Cup this year. But the legal status of these games of skill remains unclear. Lower Parel in Mumbai is hardly an area that you will associate with technology startups.
Jun 8, 2022 · In August 2021, the Supreme Court upheld Dream11’s fantasy sports format as a ‘game of skill’, by its order dated July 30, 2021, and dismissed an appeal against a decision of the Rajasthan ...
- Dream11 - About
- Dream11 - Industry
- Dream11 - Founders and Team
- Dream11 - Startup Story
- Dream11 - Mission and Vision
- Dream11 - Business Model
- Dream11 - Challenges Faced
- Dream11 - Funding and Investors
- Dream11 - Acquisition
- Dream11 - Growth
Dream11 is an application that allows its users to create imaginary teams. The catch here is that the users can earn cash based on the actual match performance of the selected players on their teams. Each good move by the players earns cash rewards for the users. Moreover, Dream11 allows its users to play games in categories likecricket, football, ...
The Indian games market is expected to develop at an impressive rate, with revenue expected to reach US $8,723.00 million by 2024, according to a Statista analysis report. In addition, the market is anticipated to continue growing at a strong rate of 10.36% annually between 2024 and 2029, reaching a predicted market volume of US $14,280.00 million ...
Dream11 was founded in 2008 by two young and aspiring entrepreneurs and sports lovers, Harsh Jainand Bhavit Sheth.
Harsh Jain and Bhavit Sheth, childhood sports enthusiasts, co-founded Dream11, the most well-known fantasy sports application. The Indian Premier League (IPL) was the catalyst for the new fantasy sports industry to emerge. In a country with billions of cricket fans,Harsh and Bhavit created the company with the belief that sports fantasy leagues wou...
The company's mission on its website states, "To be The World's Best, Largest, and most loved Fantasy Sports Platform." The company's primary vision is to "make fantasy sports a part of every sports fan's life."
Dream11 operates on a freemium model, providing users with both free and premium options. Users can choose to enter free-to-play fantasy sports leagues and win smaller rewards, or they can pay to enter contests with bigger payouts. Dream11's business approach enables it to serve a diverse user base and generate income through paid contest entries. ...
Being India's number one online gaming platform did not come without hurdles. First of them was the legal challenge, particularly because of its similarity to gambling, which is largely illegal in India. This made the company go through court allegations, but the judiciary ruled that fantasy gaming is a game of skills rather than chances or probabi...
Dream11 has raised around $1.6 billion in 8 rounds of funding. Dream11 funding and investordetails are as follows:
On October 5, 2023, Dream11 acquired Sixerfor an unknown amount. This calculated action is to strengthen Dream11's standing in the fantasy sports industry by utilizing Sixer's creative methodology and user-engagement tactics. Dream11 hopes to improve its services and bolster its position as the market leader with this acquisition.
Dream11 growth highlights are: 1. Dream11 has 15.01 million concurrent users, as per a news report from March 2024 2. The company had 220 million+ usersas of March 2024 3. It has 2,50,00,000+ registered usersas of March 2024 4. It has streamlined 40,000+ hours of live contentas of March 2024 5. The company has 29 sports brands as partnersas of Marc...
- 2008
- Mumbai, Maharashtra, India
- Harsh Jain and Bhavit Sheth
- Fantasy Gaming
Oct 14, 2020 · M. Sriram. October 14, 2020 / 09:27 IST. While fantasy sports has been around globally for over a decade, it is relatively new in India. More so this year, when Dream11, valued at $2.5 billion...
Jan 3, 2024 · Introduction to Dream11. Cricket is more than just a sport in India; it’s a passion, a religion, and a national obsession. And Dream11 capitalises on this fervour, transforming millions of fans...
