Dream11 parent firm Dream Sports raises $400 Million
TCV, D1 Capital Partners and Falcon Edge made the investment
This is the first Indian investment of TCV which had invested in firms like Netflix and Airbnb
Post the funding, Dream11’s valuation surged to nearly $5 Billion
The Indian fantasy sports unicorn sponsored the IPL 2020 edition last year
Dream11 says that this is the largest investment in the Indian sports ecosystem to date
