About Dream11
Dream11 is an Indian fantasy sports platform that lets users assemble virtual teams and earn points based on real players' on-field performance. The company was founded in 2008 and reached unicorn status in 2019.
Dream Sports Group
Vision
Make sports better — serving a growing community of sports fans with innovative products across content, commerce, gaming, and experiences.
Brands
- FanCode: Digital sports destination for content, commerce, and stats.
- DreamSetGo: Premium, bespoke sports travel and experiences.
- Dream Sports Foundation: Philanthropy for India’s sports ecosystem.
- Dream Cricket: AAA mobile cricket game by Dream Game Studios.
Leadership
- Harsh Jain — CEO & Co‑Founder
- Bhavit Sheth — COO & Co‑Founder
- Amit Sharma — CTO
- Navin Agarwal — CFO
- Rahul Mirchandani — CPO
- Kevin Freitas — CHRO
- Deepak Jacob — Group General Counsel
- Priyanka Kodikal — Chief Design Officer
- Vikrant Mudaliar — CMO
- Abhishek Ravi — CIO
Culture (DO‑PUT)
- Data‑driven: 90% data, 10% gut; experiment without bias.
- Ownership: Hire great people; no blame game.
- Perseverance: Effort > outcome; play hard, work harder.
- User First: Focus on fan problems.
- Transparency: Share hits, misses, learnings, plans.
History highlights
Founded; HQ in Mumbai; pivot to freemium; early funding and first million‑scale users.
Multiple funding rounds, major partnerships (IPL/ICC/LaLiga), repeated Great Place To Work awards.
Investments via Dream Sports Investments, FanCode scale‑ups, 280M+ users across brands.
History
Dream11 was co-founded by Harsh Jain and Bhavit Sheth in 2008. The company introduced freemium fantasy sports in India in 2012 and accelerated user growth throughout the 2010s—reporting 1M registered users in 2014, 2M in 2016, and over 45M in 2018. In April 2019, Dream11 became India’s first fantasy sports unicorn and has since seen multiple funding rounds at multi-billion-dollar valuations.
In 2019, its parent company Dream Sports expanded the ecosystem with products like FanCode. By 2023, Dream11 claimed 200M+ users on its platform.
Legality
Indian courts have previously recognized Dream11’s fantasy format as a game where skill predominates over chance, which supported its operation in much of the country. However, the legal environment has differed across states over time.
In August 2025, following the Promotion and Regulation of Online Gaming Act, 2025, Dream11 paused paid contests nationwide—reportedly a major portion of its revenue mix—shifting focus to non-monetary experiences and adjacent products.
Partnerships
Over the years, Dream11 has partnered across major sports properties—cricket, football, basketball and more—including leagues like the Caribbean Premier League, the Indian Super League, and collaborations tied to global tournaments and teams.
- Official fantasy partnerships across select cricket, football, and basketball leagues
- Brand and sponsorship integrations during marquee Indian tournaments
- Parent company initiatives expanding broader sports-tech offerings
Source: Summary based on the Dream11 article on Wikipedia. Please see the original page for full details and citations.
Additional context: Company‑level ecosystem information referenced from Dream Sports Group.
Fantasy Sports Platform