India's Most Valuable Companies 2024 edition · Source: Hurun India
Rank#100- Valuation
- ₹67,860 Cr
2023 #75 2022 #60 2021 #74
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About Dream11
Dream11 is a company based in Mumbai (India) founded in 2008 by Harsh Jain and Bhavit Sheth. Online fantasy sports platform that allows users to create virtual teams of real sports players. Dream11 has raised $100 million across 4 funding rounds from investors including Tencent, Multiples Alternate Asset Management and Kalaari Capital. Dream11 has completed 2 acquisitions, including FanDuniya and Sixer. Dream11 was last valued at $750 million in September 2018. Its website dream11.com draws about 1.4 million monthly visits. Dream11 offers products and services including Dream11 App, Fantasy Cricket Service, and Fantasy Football Service. Its legal entity is Dream11 Tech. Its competitors include Dream Sports and MPL; 2 of its 2 listed competitors have raised funding.
Company details
Dream11 was founded in 2008 in Mumbai, India, as an online fantasy sports platform. Virtual teams are formed by users through selection of real players using credits. Contests in cricket, football, and kabaddi are joined to redeem rewards. Public, private, head-to-head, and mega contests are provided, encompassing both paid and practice options. Operations focus on user participation in these virtual leagues.
Recognitions & Rankings of Dream11
Associated legal entities of Dream11
Dream11 is associated with 3 registered companies on The Company Check. Each company page carries the filings, financials, charges and directors of that entity.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Clover Media Private Limited CIN U51100MH2008PTC183650 | Active | 18 Jun 2008 | Mumbai, Maharashtra | ₹209 Cr | 80 | 2 | View details |
| Sporta Technologies Private Limited CIN U72900MH2007PTC171875 | Active | 21 Jun 2007 | Mumbai, Maharashtra | ₹7,374 Cr | 1,155 | 5 | View details |
| Dream11 Gaming Zone Llp CIN AAC-7997 | Converted To Cmp And Dissolved | 10 Oct 2014 | Mumbai, Maharashtra | $10,100 | 7 | View details |
Products & Services of Dream11
Dream11 offers a comprehensive portfolio of products and services, including Dream11 App, Fantasy Cricket Service, and Fantasy Football Service.
Dream11 App
Fantasy Sports Platform
Mobile app for creating and managing virtual sports teams
Fantasy Cricket Service
Online Gaming
Service for virtual cricket team creation and prize-based contests
Fantasy Football Service
Online Gaming
Service for virtual football team building and competition
Apps and channels of Dream11
Dream11 publishes 1 mobile app with over 100M+ downloads; its YouTube channel Dream11 has 1.65M subscribers and 30 videos.
Dream11
Open channelVideos from Dream11
The most watched videos on Dream11's YouTube channel, Dream11 (1.65M subscribers). Click a video to play it here.
Dream11: Virat, Rohit, Rishabh, Rahul - sab cup bhool gaye? #ChampionsKaGame
Dream11: Aamir ne liya panga 𝚂̶𝙸̶𝙽̶𝙶̶𝙷̶ Kapoor se. | #AapkiTeamMeinKaun
Dream11: Aamir ke liye bouncer, Sir Jadeja se | #AapkiTeamMeinKaun
Dream11: #MummyKaMagic, Team India ke saath kyunki #YehSabkaDreamHai
More on Dream11.
Funding Insights of Dream11
Dream11 has successfully raised a total of $100M across 4 strategic funding rounds. The most recent funding activity was a Series D round of $100 million completed in September 2018. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $100M
- Total Rounds 4
- Last Round Series D — $100M
- Investors Count 4
All 4 funding rounds of Dream11 with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep 2018 | $100M | Series D | $750M | Tencent | |
| Jan 2017 | Series C | – | – | ||
| Jun 2016 | Series B | – | – | – | |
| Jan 2015 | Series A | – | Kalaari Capital |
Valuation history
| Date | Valuation | Stage |
|---|---|---|
| Sep 2018 | $750M | •••••••• |
Last known valuation $750M (Sep 2018). 4 investors in total: 4 institutional.
Investors in Dream11
Dream11 has secured backing from 4 investors, including institutional and venture fund investors. Prominent investors backing the company include Tencent, Multiples Alternate Asset Management and Kalaari Capital.
All
Venture Fund
Institutional
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Investments in early-stage technology companies are made by Kalaari Capital. | kalaari.com | Bengaluru, India | ||
Investment partnerships, entrepreneur support, and profit-focused services in finance. | 2009 | multiplesequity.com | Mumbai, India | |
Investment Firm | thinkinvestments.com | San Francisco, United States | ||
Value-added internet, mobile, and telecom services are provided in China. | 1998 | tencent.com | Shenzhen, China |
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Investor details for Dream11
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Board of directors of Dream11
The boards of the 3 registered companies of Dream11 currently have 10 directors; the longest-serving is Varun Pramod Daga, appointed in 2014. 19 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Varun Pramod Daga DIN 01932805 | Designated Partner | 10 Oct 2014 | 12 yrs | Dream11 Gaming Zone Llp |
| Harsh Anandkumar Jain DIN 02126100 | Designated Partner | 10 Oct 2014 | 12 yrs | Dream11 Gaming Zone Llp, Clover Media Private Limited, Sporta Technologies Private Limited |
| Sambhav Shrenik Mehta DIN 07135653 | Partner | 13 Dec 2014 | 11 yrs 10 mo | Dream11 Gaming Zone Llp |
| Bhavit Rajesh Sheth DIN 02124077 | Designated Partner | 13 Dec 2014 | 11 yrs 10 mo | Dream11 Gaming Zone Llp, Sporta Technologies Private Limited |
| Jinit Hemendra Ghia DIN 07143153 | Partner | 13 Dec 2014 | 11 yrs 10 mo | Dream11 Gaming Zone Llp |
| Rachana Jain DIN 08011724 | Partner | 16 Nov 2017 | 8 yrs 11 mo | Dream11 Gaming Zone Llp |
| Heta Bhavit Sheth DIN 08011577 | Partner | 16 Nov 2017 | 8 yrs 11 mo | Dream11 Gaming Zone Llp |
| Anand Jaikumar Jain DIN 00003514 | Director | 18 Dec 2023 | 2 yrs 10 mo | Clover Media Private Limited |
| Navroz Darius Udwadia DIN 08355220 | Nominee Director | 12 May 2025 | 1 yr 5 mo | Sporta Technologies Private Limited |
| George Raymond Zage Iii DIN 11061694 | Nominee Director | 12 May 2025 | 1 yr 5 mo | Sporta Technologies Private Limited |
People of Dream11
247 people are tracked at Dream11 (94 in leadership, 153 in team).
| Name | Role | Group |
|---|---|---|
| Co-Founder & Culture Enforcement Officer | Leadership | |
| Co-Founder & COO | Leadership | |
Vaibhav Jain | Director Of Engineering | Leadership |
Abhishek Ravi | Chief Information Officer | Leadership |
Pritam Bhowal | Director Of Product Management | Leadership |
Jugal Choksi | Director Of Product Management | Leadership |
Jamshid Bhopti | Director | Leadership |
Harish Iyer | Vice President, HR | Leadership |
Rahul Mirchandani | Chief Product Officer | Leadership |
Gaurav Bajaj | Vice President Customer Care | Leadership |
Ravish Rana | Senior Manager, CTO's Office | Leadership |
Samrith Shankar | Assistant Vice President Technology | Leadership |
Sangeeta Baishya | Assistant Vice President - Product Design | Leadership |
Rajendra Prasad | Svp, Head Of Talent Acquisition | Leadership |
Pratiksha Nagpurkar | Director | Leadership |
Vedavyas Chigurupati | Director Of Machine Learning | Leadership |
Nikhil Lalvani | VP Product | Leadership |
Kevin Freitas | Chief Human Resource Officer | Leadership |
Vikrant Mudaliar | Chief Marketing Officer | Leadership |
Navin Agarwal | Chief Financial Officer | Leadership |
227 more people are available in the full profile.
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Complete people profiles for Dream11
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Financials of Dream11
Figures of Clover Media Private Limited, the primary company behind Dream11, for FY 2025. Revenue was ₹209 Cr (+174% year on year). Net profit was ₹162 Cr (77% margin). EBITDA was ₹187 Cr (89% margin). Revenue has grown at a compounded annual rate of +55% over three years and +11% over five years.
- ₹209 CrRevenue · FY 2025 · +174% YoY
- ₹162 CrNet profit · 77% margin
- ₹187 CrEBITDA · 89% margin
- ₹10 LakhPaid-up capital
- 80Employees (provident fund records)
- +55%Revenue CAGR, 3 years
- +11%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Clover Media Private Limited are on its company page.
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Detailed financial statements for Dream11
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Investments & Acquisitions by Dream11
Dream11 has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include FanDuniya and Sixer.
Acquisitions
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
App-based platform to buy and sell stocks in cricket players | sixergame.com | Singapore | 2017 | Oct 2023 | •••• | |
Mobile app for fantasy tips and predictions | fanduniya.com | Ranga Reddy, India | 2018 | Oct 2020 | •••• |
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Complete acquisition details for Dream11
Acquired stakes, deal sources and the complete acquisition history require an active premium plan.
- Acquired stakes
- Deal sources
- Complete history
- Exports
Verified entity values are shown only after access is granted.
Timeline of Dream11
6 dated milestones of Dream11 across 15 years, from founding to its latest funding, stage changes and deals.
Competitors of Dream11
Dream11 has 2 listed competitors in our database, 2 of them funded. They include Dream Sports and MPL.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| dreamsports.group | 2008 | Mumbai, India | $942.17M | 1,307 | Operator of a multifaceted platform for sports content and experiences | |
| mpl.live | 2018 | Bengaluru, India | $395.81M | 435 | Real money skill-based gaming is facilitated through an online platform. |
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Detailed competitors of Dream11
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of Dream11
The website of Dream11 (dream11.com) receives about 1.4M visits a month and ranks #63,664 among all websites worldwide, #1,590 in Sports Betting.
- Monthly visits1.4M
▲ 99.3% vs previous month
- Unique visitors433.5K
per month
- Global rank#63,664
among all websites
- Category rank#1,590
Gambling · Sports Betting
Visitor engagement
- Bounce rate58%
- Pages per visit3.9
- Average visit1 min 11 sec
- DevicesDesktop 7% · Mobile 93%
Similar websites
Websites whose visitors overlap most with Dream11. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| perfectlineup.in | 100% | 72.2K | #426,799 | View details | |
crex.com | crex.com | 82% | #7,459 | – | |
| winzogames.com | 80% | 135.8K | #195,985 | View details | |
| vision11.in | 80% | 15.1K | #4,597,043 | View details | |
fairplay.live | fairplay.live | 75% | – | ||
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
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All 13 similar websites and full traffic analytics for Dream11
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- 13 similar websites
- Audience overlap
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Related news about Dream11
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Complete news archive for Dream11
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Articles about Dream11 on our blog
Frequently Asked Questions about Dream11
Dream11 was founded in 2008 and raised its 1st funding round 7 years after it was founded.
Dream11 is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Dream11 is a funded company, having raised a total of $100M across 4 funding rounds to date.
Dream11 was founded in 2008 in Mumbai, India, as an online fantasy sports platform. Virtual teams are formed by users through selection of real players using credits. Contests in cricket, football, and kabaddi are joined to redeem rewards. Public, private, head-to-head, and mega contests are provided, encompassing both paid and practice options. Operations focus on user participation in these virtual leagues.
Dream11's top competitors include Dream Sports and MPL.
Dream11 offers Dream11 App, Fantasy Cricket Service, and Fantasy Football Service.
Dream11 has 4 investors. Key investors include Tencent, Multiples Alternate Asset Management, Kalaari Capital, and Think Investments.
The valuation of Dream11 is $750M as of Sep 2018.
Dream11 is associated with 3 legal entities: Dream11 Gaming Zone Llp, Clover Media Private Limited, Sporta Technologies Private Limited.
The legal entities of Dream11 currently have 11 directors, including Sambhav Shrenik Mehta, Bhavit Rajesh Sheth, Jinit Hemendra Ghia and others.
Yes. Dream11 publishes Dream11: Fantasy Cricket App, with over 100 million downloads.