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Dream11 Reviews

Mumbai, Maharashtra

4.7/ 5

3 reviews

Dream11, legally operating under its parent entity Sporta Technologies Private Limited (formerly Dream11 Fantasy Private Limited), is India’s premier and largest digital fantasy sports platform. Founded in 2008 by entrepreneurs Harsh Jain and Bhavit Sheth, the Mumbai-headquartered company pioneered the freemium fantasy sports model in India, fundamentally reshaping how sports fans engage with live athletic events. Operating as the flagship brand of the broader sports technology conglomerate Dream Sports, Dream11 offers a strategy-based online gaming ecosystem where users showcase their sports knowledge by assembling virtual teams composed of real-life athletes. Users accumulate points based on the actual, real-time statistical performances of their chosen players during live matches across multiple sporting disciplines, including cricket, football, kabaddi, basketball, hockey, volleyball, handball, rugby, and baseball. Over nearly two decades, Dream11 has achieved exponential operational and user growth. From hitting 1 million registered users in 2014, the platform surged to 45 million in 2018, crossed 150 million by 2022, and reached a milestone of 300 million registered users by 2025. It holds the distinction of becoming the world's first fantasy sports platform to secure a Guinness World Record for its massive scale and was the very first Indian fantasy gaming enterprise to enter the prestigious "Unicorn" club in April 2019. By late 2021, the company achieved an estimated market valuation of USD 8 billion. This aggressive expansion has been backed by substantial institutional capital totaling approximately USD 1.6 billion from top-tier global private equity and venture capital firms, including Tiger Global, D1 Capital, Falcon Edge, DST Global, Redbird Capital, Steadview Capital, Kalaari Capital, Think Investments, Multiples Equity, and Tencent Holdings. In terms of market monetization, Dream11 historically sustained a highly lucrative revenue model driven by user entry fees for public, private, mega, and head-to-head contests, taking a platform rake of roughly 15% to 20% from total prize pools. Following structural domestic shifts, such as the passage of the Promotion and Regulation of Online Gaming Act in late 2025 which restricted certain paid components, the brand adapted alongside its parent ecosystem. Dream Sports heavily diversified its tech portfolio to include FanCode (a multi-sport aggregator for content and merchandise), DreamSetGo (sports experiences and travel), Dream Cricket (AAA mobile gaming), Dream Money, and the AI-driven wealth platform DreamStreet. Financially robust, Dream11 reported consolidated revenue from operations of INR 6,384 crore and a net income of INR 188 crore for the fiscal year ending March 31, 2023. Led by Co-Founder & CEO Harsh Jain and Co-Founder & COO Bhavit Sheth, the company manages a workforce of over 1,200 employees as of 2026.