Dream11, a pioneer in the fantasy gaming industry, is the first gaming firm from India to join the unicorn club. Dream11 is a game of skill in which you assemble a squad of actual players for a forthcoming match and compete against other fans for significant rewards.Numerous sports are represented in the games Dream11 hosts. Keep an eye on the match deadline and click on the forthcoming game you want to play.With a budget of 100 credits, choose the team you believe will win the chosen game by using your sports knowledge.The majority of today’s youthful sports fans are obsessed with fantasy sports. With fantasy sports, sports fans can create an imaginary team (made up of real players) of their choosing and receive rewards when this team performs well in addition to watching a game as a spectator. The fantasy game market is booming in India as well, all thanks to the smartphone and internet revolution. Dream11 was established back in 2008 by two young and bright co-founders, Harsh Jain and Bhavit Sheth, with a driven desire to explore this industry.
Continue reading the article to know about the Dream 11 net worth 2023.
Dream 11 Overview
Users of the application Dream11 can establish fictitious teams. The caveat is that users can get paid dependent on how well their teams’ chosen players perform in actual matches. The users receive financial prizes for each successful move made by the players. Additionally, Dream11 offers its users the chance to play games in genres like cricket, football, kabaddi, and NBA.
One of India’s largest sports gaming platforms, Dream11, managed to sign up 100 million users in 2020, and that number increased to 140 million in 2021. Only 2 million users had registered for the app as a whole in 2016. Many people have a passion for sports, and many of them are quite knowledgeable about them.
|Founders||Harsh Jain & Bhavit Sheth|
|Total Funding||$1.62 bn (November 2021)|
|Revenue||$359.03 mn million (Rs 2708.38 crore) in FY21|
|Total Valuation||$8 bn (November 2021)|
|Parent Organization/Owner||Dream Sports|
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Dream11 net worth 2023
According to Dream Sports, the most recent round of financing is among the biggest ever made in the sports technology industry. Popular entertainment websites like Dream11, Dream Capital, FanCode, DreamSetGo, Dream Game Studios, and DreamPay are owned by the corporation. Its main office is in Mumbai and it was founded in 2008 by Harsh Jain and Bhavit Sheth.
The company is now valued at $8 billion, up from $5 billion when it raised $400 million in secondary financing in March of this year. Dream11 net worth 2023 in indian rupees is 800 crore.
Dream11 & Dream Sports, one of India’s largest fantasy sports applications, was created in 2008, and Harsh Jain is the CEO and co-founder of the company. Jain holds a University of Pennsylvania engineering degree and a Columbia Business School MBA. Harsh founded this business out of his intense interest for sports, gaming, and technology. Jain is an ardent supporter of the Indian Cricket Team, Mumbai Indians, and Manchester United. Harsh established online fantasy sports in India and has made a sizable profit from his business.
Dream11 net worth 2023: Annual Salary
In addition to his wealth, Jain receives a salary from Dream11 of Rs. 4 crore every year. In the year 2020, the startup’s compensation increased by 3.3 times. Following the company’s announcement of a $225 million (roughly 1,650 crores) fundraising round, salaries were increased.
Dream11 net worth 2023: Partnerships
In basketball, football, and cricket, the big 3 leagues have teamed with the fantasy gaming software Dream11. The business is an official sponsor of the National Basketball Association (NBA), the Indian Super League (ISL), and the Caribbean Premier League. Dream11 announced in 2023 that Legends League Cricket would be their fantasy partner.
Dream11 net worth 2023: Brand Ambassadors
During the 2018 IPL season, Mahendra Singh Dhoni was named the brand ambassador of Dream11 and conducted a campaign with the tagline “Dimaag se Dhoni.” In 2017, Harsha Bhogle, a cricket analyst, served as the ambassador as well. During the 2019 Indian Premier League season, Dream11 partnered with seven IPL franchises and signed seven cricketers. In addition, Dream11 has introduced Samantha Prabhu and Kartik Aaryan as their newest brand ambassadors.
Dream11 net worth 2023: FAQs
The Dream 11 net worth is $8 billion, up from $5 billion when it raised $400 million in secondary financing in March of this year. Dream11 net worth 2023 in indian rupees is 800 crore.
The largest fantasy sports app in India, Dream11 & Dream Sports, was established in 2008, and Harsh Jain is the CEO and co-founder of the company. Jain received his degree in engineering from the University of Pennsylvania and his MBA from Columbia Business School. In order to launch this business, Harsh combined his intense enthusiasm for sports, gaming, and technology.
Jain receives a salary from Dream11 of Rs. 4 crore each year in addition to his net worth. In 2020, the pay for the startup increased by 3.3 times. After the business announced a $225 million (roughly 1,650 crores) fundraising round, the salary was raised.
One of India’s largest sports gaming platforms, Dream11, successfully recruited 100 million users in 2020, and by 2021, that number had increased to 140 million. In 2016, there were just 2 million users who had registered for the app as a whole. Many people love sports, and many people are quite knowledgeable about sports. Such sports enthusiasts might use the platform Dream 11 to capitalise on their expertise and passion. Over 13 billion people currently use the platform.
The Dream11 registration process is simple. However, if the Dream11 app registration process is confusing to you, here are a set of 3 simple steps you can use to easily register for Dream11:
The Dream11 app must first be downloaded to your mobile devices.
You must then enter your mobile number and OTP during app registration.
Finally, you can choose your game and begin.