|Company Name||Fund Raised||Led By||CEO/Co-Founder||Valuation|
|Dream Sports||$840M||Tiger Global, RedBird Capital, Falcon Edge, D1 Capital, DST Global||Guy Pearson and Dane Thomas||$8B+|
IndiaBased Dream Sports Dream11 840M D1
The sports tech company, India-based Dream Sports raises $840 million led by Tiger Global in equity funding. The round was participated by RedBird Capital, Falcon Edge, D1 Capital, and DST Global.
CEO Guy Harsh Jain and Bhavit Sheth founded Dream Sports in 2008. The company has active 1000 employees or “Spartans”.
In an interview, CEO told that they spent these funds on marketing other arms like Dream11, DreamPay, and more.
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Moreover, the company has $250 Million which helps us in building the initial capital of the company.