Dream Sports: Raises $840M at $8 Billion Valuation

Dream Sports Raises $840M at $8 Billion Valuation

• Dream Sports, a Mumbai, India-based sports tech company, raised $840M in funding at $8 Billion valuation
• The round was led by Falcon Edge, DST Global, D1 Capital, RedBird Capital and Tiger Global with participation from TPG and Footpath Venture
• The company intends to use the funds to expand operations as well investments globally in the sports tech sector
• DreamSports operates a sports technology platform with 140 million users
• DreamSports is based in Mumbai and has a workforce of close to 1,000 ‘Sportans’. DreamSports mission is to ‘Make Sports Better’ for fans through the confluence of sports and technology
• Launched earlier this year, $250 Million Dream Capital has built an initial portfolio of 10 companies, largely focusing on thematic early stage investments in India