Advertisement

  • News
  • Columns
  • Interviews
  • BW Communities
  • Events
  • BW TV
  • Subscribe to Print
BW Businessworld

Future Decacorn

Dream Sports truly wants to make sports better by innovating and offering solutions that are aligned with Digital India and the vision of a $5-trillion economy

Photo Credit :

1660221798_KyKbxv_Harsh_Jain_Co_founder_and_CEO_Dream_Sports.PNG

Harsh Jain, Co-founder and CEO, Dream Sports

The global economy has witnessed disruptions brought about by new industries and technologies. So, there have been periods of hypergrowth as well as downturns. With the onset of the pandemic, we have entered a new normal, which is digital first. Agile companies met the digital consumer’s needs and, hence, were able to survive and thrive.

With restrictions around the hosting of live sporting events in 2020 and 2021, the world witnessed an increase in the digital consumption of content. And Dream Sports, the leading sports tech company, leveraged this opportunity to enter into partnerships with regional leagues and helped fans watch Tier-1, Tier-2 or Tier-3 cricket and play fantasy sports as well as leagues from different countries.

Based out of Mumbai, Dream Sports was founded by Harsh Jain and Bhavit Sheth in 2008. Large brands such as Dream 11, FanCode, DreamSetGo, and DreamPay, fall under the company’s umbrella.

“Our vision and mission is to create an entrepreneur-led virtuous cycle of investment, innovation and wealth creation for all stakeholders in the sports ecosystem, from fans to athletes, teams and leagues,” says Harsh Jain, Co-founder and CEO, Dream Sports.

Backing The Next Batch

The parent company of Dream 11 has been a unicorn for a while and is expected to enter the exclusive club of decacorns in the near future. But that’s not all that Dream Sports looks to aspire for. Its venture capital and M&A arm, Dream Capital, has played a key role in enabling the sports and tech startup ecosystem in India. Having invested in 10 companies, including Fittr, Elevar, Rario, MarketWolf, amongst others, Dream Sports is charting the path for the new breed of unicorns and profitable startups.

Fan-centric Solutions

Dream Sports truly wants to make sports better by innovating and offering sports fan-centric solutions, which also aligns with ‘Digital India’ and the vision of a $5 trillion economy. This extends to investing in sports, sports-tech, gaming, Web3, fintech, and fitness-tech startup ecosystems through Dream Capital.

While the company continues to offer a great product and sports experience to its growing user base of 130 million through Dream11, the company is also fostering the startup ecosystem.

Interestingly, Dream Sports’ focus has also veered into investing in big Web 3.0 and deep tech advancements and growing its talent base to capitalise on these opportunities.



Tags assigned to this article:
Magazine 13 Aug 2022 Dream Sports