# Dream 11

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/dream-11

- Industry: Software
- Headquarters: Mumbai, India
- Website: www.dream11.com
- Total disclosed funding: $100M
- Latest round: Series D (Sep 6, 2018)
- Investors on record: 3

## About

Based in Mumbai, India, and founded in 2008, Sporta Technologies Private Limited provides a sports technology platform. The company was co-founded by Harsh Jain and Bhavit Sheth. In August 2021, the company raised its venture funding from unspecified investors. In March 2021, investors D1 Capital Partners, Falcon Edge Capital, and TCV co-led a USD 400 million secondary funding round for Sporta Technologies Private Limited, with participation from other returning investors ChrysCapital, Footpath Ventures, Steadview Capital Management, Tiger Global Management, and TPG.

Sporta Technologies provides brands such as Dream11, FanCode, DreamX, DreamSetGo, and DreamPay in its portfolio. Dream11 offers Fantasy Cricket, Football, Kabaddi, Basketball, Hockey, Volleyball, Baseball, and Handball. FanCode is a multi-sport aggregator platform for every sports fan, focusing on long-tail sports content and contextual commerce. DreamPay is a reliable payment solution that online merchants can integrate seamlessly and can be hosted across categories.

The company's revenue is generated from developing mobile applications for fantasy sports.

The company is planning to raise INR 90 crore in a new round of funding and will follow a multi-stage investment strategy and will be investing USD 1 million to USD 100 million in startups with operations in sports, gaming, and fitness-tech.

## Funding rounds

- Series D, Sep 6, 2018, $100M — Kalaari Capital, Multiples Alternate Asset Management, Tencent Investment
- Series C, Sep 6, 2016 — Kalaari Capital, Multiples Alternate Asset Management
- Series A, Jun 1, 2014 — Kalaari Capital

## Investors

- Kalaari Capital (https://capitalatlas.ai/funds/kalaari-capital) — Series A, Series C, Series D
- Multiples Alternate Asset Management (https://capitalatlas.ai/funds/multiples-alternate-asset-management) — Series C, Series D
- Tencent Investment — Series D