Fantasy sports platform Dream 11 joined the elite Billion club. Dream 11 is the first Indian gaming startup to join unicorn club followed by the entry of big basket and Delhivery this year. It entered the club after the secondary investment from Steadview capital. Dream11 is the leading gaming platform in India.
Dream 11 is backed by investors including Kalaari Capital, think investments, multiples equity & Tencent. Founded in 2008 by Bhavit Sheth and Harsh Jain, the gaming platform has 50 million registered users now. Since the IPL season is ongoing this is the best time to enter unicorn club as the popularity of the league will prove beneficial for Dream 11.