Dream11 is an Indian fantasy sports platform that allows users to play fantasy games in sports.
Owner Of Dream11 ?
Harsh Jain and Bhavit Sheth co-founded Dream11 in 2008.
How does Dream11 make business?
An online fantasy generates revenue from 2 source:1) Entry Fees2) Commission Fees on wins
User Base, Valuation
Monthly Active User Over 200 million, valuation of company is $8 billion as of November 2021
Companies that sponsors Dream11
Saudi Tourism: An associate sponsor
RuPay: An associate sponsor
Saudi Aramco: The orange and purple cap partner
Ceat: The strategic time-out partner
Marketing By Dream11
Dream11 has well marketed with social media and has sponsored GT(gujarat Titans) as their main sponsor for IPL 2024 and also sponsored IPL 2024
Financial Performance of Dream11
according to Tofler, Dream11 has reported, ₹6,384 crore in revenue for the fiscal year ending March 31, 2023, and a profit of ₹188 crore, up from ₹142 crore in 2022