Currently Dream11 is one of the most famous and prominent apps that we have in the fantasy sports world.
Dream11 the fantasy sport app which has not only provided the platform for the individuals who love sports to play their game according to them, but also has given them the opportunity to earn money as well.
Note: Do check out our article Dream11 Business Model, to know more about it.
Dream11 Valuation
This fantasy sports app that entered the market in 2008, has provided a platform for the sports enthusiasts to play their game according to their chosen team and with that it offers to win money and rewards.
Dream11, which is one of the world’s largest fantasy sports apps, has a valuation of $8 billion as of the latest of 2023.
| Factors | Elaboration |
| Market share | Over 90% of the market share |
| Listed company | Private unlisted company and is classified as the company limited by shares. |
| Games offered | Offers over 11 sports to play on its platform like basketball, football, volleyball, hockey, etc. |
| Registered users | Has more than 200 million registered users. |
| Users onboarded | Onboarded over 55 million new users in 2023. |
| Associations and Partnerships | It has been the official partners of more than 40 sports associations and leagues. |
| Matches played on its platform | 10,000+ matches. |
| Revenue earned | For FY23 Rs.6,384.4 crores and in FY22 it was Rs.3,841 crores. |
| Revenue percentage increased | 66% jump in its revenues. |
| Net profit | 32% increase in its net profits. |
| Users age bracket | Majority of the users are of 25-60 age bracket. |
| Commission charges | Charges 15%-20% as the commission fees on the total amount earned. |
| Website | Dream11.com |
The gamers use their knowledge of sports to create a virtual fantasy sports team of real life players with which they play their game and earn various prizes, points, and cash rewards timely.
Dream11 Funding Tale
| Date & Year | Deal Name & Investors | Amount Raised |
| November 24, 2021 | Venture Round – Dream11 | Rs.62.3 billion |
| March 24, 2021 | Secondary Market – Dream11 | Rs.29 billion |
| September 14, 2020 | Venture Round – Dream11 | Rs.18.6 billion |
| April 8, 2019 | Secondary Market – Dream11 | Rs.4.9 billion |
| September 6, 2018 | Series D – Dream11 | Rs.7.2 billion |
| January 1, 2017 | Series C – Dream11 | Undisclosed |
| January 1, 2016 | Series B – Dream11 | Undisclosed |
| January 1, 2014 | Series A – Dream11 | Undisclosed |
Till date Dream11 has recorded a total of $1.6 billion in its funding rounds, and its latest funding round marked on November 24, 2021 from a venture series unknown round.
The most recent investors that were added in the Dream11 inventors list were RedBird Capital Partners and Falcon Edge India. Dream11 has 14 institutional investors and some of them are Kalaari Capital, TCV, and Tiger Global Management.
These funding rounds from over the years have let Dream11 to grow their business more and attract more substantial fundings. The app is constantly evolving and incorporating new technologies which make their users navigation easier and friendly.
Dream11 Shareholders Sights
Dream11 as of now has 14 institutional investors, among which includes Kalaari Capital, TCV, and Tiger Global Management.
While the latest funding round of Dream11 which took place on November 24, 2021, was funded by 8 investors, which was led by TCV, D1 Capital Partners, Alpha Wave.
Also, Dream11 marked its first funding round on January 1, 2015.
The stats about the percentage of shares owned by founders, investors in this fantasy sports app Dream11, remains undisclosed and there has not been any revelation yet.
However, for the latest Dream11 has acquired Sixer on October 5, 2023.
It’s not only just the numbers that have driven its finances but a narrative consisting of innovation, technology , and trust.
