The move comes a year after the government’s ban on online money games forced Dream11 and other real-mone ...More

The move comes a year after the government’s ban on online money games forced Dream11 and other real-money gaming (RMG) companies to discontinue their core offerings. Dream11 said it has discontinued all prizes on the platform and will focus on sports content, live streaming, statistics, scores, commentary, community features, experiences and social contests. ...Less

Dream11 has shifted to a global sports engagement platform, discontinuing all prizes. This move follows I ...More

Dream11 has shifted to a global sports engagement platform, discontinuing all prizes. This move follows India's 2025 Online Gaming Act banning real-money games. The company now focuses on content, streaming, and community features for users. This transition impacts its sponsorship deals, including with the BCCI. Dream11 aims to offer personalized, multi-sport content to a worldwide audience. ...Less

Groww won the top prize at the 12th edition of the Economic Times Startup Awards. The list of other winne ...More

Groww won the top prize at the 12th edition of the Economic Times Startup Awards. The list of other winners, and more, in today’s ETtech Top 5. ...Less

The BCCI has significantly raised its reserve prices for title and associate sponsorship rights. New bids ...More

The BCCI has significantly raised its reserve prices for title and associate sponsorship rights. New bids are now invited for these valuable commercial properties. The title sponsorship cycle runs until March 2028, covering many international matches. This move aligns with other BCCI commercial deals due for renewal. The board seeks to maximize revenue from its key sporting assets. ...Less

Dream Sports CTO Amit Sharma is stepping down after nearly a decade to build an AI venture. A former Netf ...More

Dream Sports CTO Amit Sharma is stepping down after nearly a decade to build an AI venture. A former Netflix and Yahoo executive, Sharma joined the company in 2016 and helped scale Dream11's technology and engineering teams as the sports-tech platform expanded. The move also comes just days after Dream Sports shut down its fintech arm, Dream Money, less than a year after its launch. ...Less

Under India’s foreign direct investment (FDI) rules, companies with a majority foreign ownership can only ...More

Under India’s foreign direct investment (FDI) rules, companies with a majority foreign ownership can only operate on a marketplace model. Industry experts and analysts said digital platforms’ expansion into newer models blurs the lines between marketplace and retailer, raising fresh competition and regulatory concerns. ET explains the issue. ...Less

Dream Sports, the parent company of fantasy sports giant Dream11, is shutting down its fintech venture, D ...More

Dream Sports, the parent company of fantasy sports giant Dream11, is shutting down its fintech venture, Dream Money, less than a year after its launch. The investment and wealth management platform, which offered mutual funds, digital gold, and fixed deposits, will cease operations on July 30. ...Less

Ankur Kathuria is set to launch a Rs 1,000 crore mid-market private equity-style fund with Carlyle’s Aami ...More

Ankur Kathuria is set to launch a Rs 1,000 crore mid-market private equity-style fund with Carlyle’s Aamir Zeb, they said. The fund, which is in the early stages, is expected to back growth-stage Indian companies and will look at opportunities across enterprise technology, artificial intelligence (AI) infrastructure and other businesses. ...Less

Instant househelp startups are burning more cash to chase demand. This and more in today’s ETtech Morning ...More

Instant househelp startups are burning more cash to chase demand. This and more in today’s ETtech Morning Dispatch. ...Less

“We want to go public as a sports tech company”, says Dream Sports CEO Harsh Jain on Dream11’s IPO plans, ...More

“We want to go public as a sports tech company”, says Dream Sports CEO Harsh Jain on Dream11’s IPO plans, even as diversification plans are afoot with DreamSetGo and DreamX. ...Less

Dream11's auditor SR Batliboi & Co, an affiliate of EY, said the notices issued to the company by GST aut ...More

Dream11's auditor SR Batliboi & Co, an affiliate of EY, said the notices issued to the company by GST authorities seeking more than Rs 28,000 crore in past tax dues “may cast significant doubt on the group’s ability to continue as a going concern”. ...Less

The BCCI has confirmed the conclusion of its ₹358-crore jersey sponsorship agreement with Dream11. This d ...More

The BCCI has confirmed the conclusion of its ₹358-crore jersey sponsorship agreement with Dream11. This decision follows the enactment of the Promotion and Regulation of Online Gaming Bill, 2025, which led Dream11 to discontinue its real money gaming activities. BCCI Secretary Devachit Saikia stated that the board will refrain from associating with similar organizations in the future. ...Less

Dream11 will maintain its position as the official fantasy gaming partner for both the National Basketbal ...More

Dream11 will maintain its position as the official fantasy gaming partner for both the National Basketball Association (NBA) and Women’s National Basketball Association (WNBA) in India, thanks to a multiyear extension of their existing partnership. The renewal, which stems from their collaboration since the 2017-18 season, enables Indian fans to engage in various NBA and WNBA-themed fantasy games on a daily basis. ...Less

Net profit at the Mumbai-based online platform fell to Rs 142.86 crore from Rs 327.59 crore in fiscal 202 ...More

Net profit at the Mumbai-based online platform fell to Rs 142.86 crore from Rs 327.59 crore in fiscal 2021, Dream11’s regulatory filings sourced from Tofler showed. ...Less

Dream Sports, the operator of Dream11, Fan Code and Dream Pay, is looking to get funding by way of a seco ...More

Dream Sports, the operator of Dream11, Fan Code and Dream Pay, is looking to get funding by way of a secondary share sale that will provide an exit to early-stage investors, including China's Tencent Holdings. ...Less

This comes two weeks after Dream11 had to suspend its operations in Karnataka, following complaints alleg ...More

This comes two weeks after Dream11 had to suspend its operations in Karnataka, following complaints alleging violation of the newly implemented gaming ban in the state. ...Less

Kedaara is competing with global and domestic funds such as TPG, Advent International, James Murdoch’s Lu ...More

Kedaara is competing with global and domestic funds such as TPG, Advent International, James Murdoch’s Lupa Systems and Chrys Capital that have already evaluated the investment opportunity until lockdown temporarily halted the fundraising exercise at a $2-2.2 billion valuation, said four people with knowledge of the development. ...Less

On Tuesday, Sporta Technologies, the parent company of Dream11, lodged an appeal with the National Compan ...More

On Tuesday, Sporta Technologies, the parent company of Dream11, lodged an appeal with the National Company Law Appellate Tribunal (NCLAT) in Delhi, challenging the National Company Law Tribunal (NCLT) Mumbai's recent decision to accept an insolvency petition. The insolvency petition, filed by Reward Solutions' resolution professional, alleged that Sporta Technologies defaulted on dues amounting to Rs 7.61 crore. I ...Less

Dream11 Group, hit by the government’s ban on online money games, is planning a pivot into stock broking ...More

Dream11 Group, hit by the government’s ban on online money games, is planning a pivot into stock broking to diversify its business. The Tencent-, TPG-, and Tiger Global-backed firm has applied for a broking licence and aims to leverage its 260 million users to tap India’s growing retail investment market. ...Less

Dream11, which is run by Sporta Technologies, parent of Dream Sports, also saw its revenue increase by ov ...More

Dream11, which is run by Sporta Technologies, parent of Dream Sports, also saw its revenue increase by over 2.5 times to Rs 2,070.4 crore in FY20 from Rs 775.5 crore in FY19. ...Less

Dream11 has halted operations after the Bengaluru Police registered an FIR against its founders. It still ...More

Dream11 has halted operations after the Bengaluru Police registered an FIR against its founders. It still maintains it is not in breach of the Karnataka gaming ban. ...Less

The counsel appearing for the co-founder and COO of Dream11, Bhavit Seth, had requested that no further s ...More

The counsel appearing for the co-founder and COO of Dream11, Bhavit Seth, had requested that no further steps be taken in the insolvency resolution professional, as any action will adversely affect the company which is preparing for the upcoming IPL season. ...Less

With IPL 2021 underway and T20 World Cup around the corner, the Karnataka gaming ban is a setback for gam ...More

With IPL 2021 underway and T20 World Cup around the corner, the Karnataka gaming ban is a setback for gaming apps like Dream11, Mobile Premier League (MPL) and Paytm First Games. ...Less

Fantasy gaming platform Dream11 on Tuesday won the Indian Premier League (IPL) title sponsorship rights w ...More

Fantasy gaming platform Dream11 on Tuesday won the Indian Premier League (IPL) title sponsorship rights with a bid of Rs 222 crore, replacing Chinese mobile phone company Vivo for a four and a half month deal. Dream11 has been one of the IPL sponsors for a couple of years now. ...Less

The deal could see the participation of more than one new investor. Additionally, Dream11’s existing back ...More

The deal could see the participation of more than one new investor. Additionally, Dream11’s existing backer Tencent is also keen to increase its stake in the company. ...Less

NCLAT ordered the IRP of Sporta Technologies, operator of Dream 11, to maintain the company as a going co ...More

NCLAT ordered the IRP of Sporta Technologies, operator of Dream 11, to maintain the company as a going concern, halting insolvency steps during the CIRP stay by NCLT Mumbai bench, after an urgent plea by Dream11 COO Bhavit Sheth. ...Less

The company offers rent reimbursements to employees who live closer to the office. ...More

The company offers rent reimbursements to employees who live closer to the office. ...Less

Essentially tax officials want to determine if GST is applicable on the total transaction value or the ne ...More

Essentially tax officials want to determine if GST is applicable on the total transaction value or the net commissions (revenues) that accrue to these gaming firms. ...Less

Dream11 had wanted the title sponsorship to be extendable for 2021 and 2022, at Rs 240 crore each, in cas ...More

Dream11 had wanted the title sponsorship to be extendable for 2021 and 2022, at Rs 240 crore each, in case Vivo didn’t reclaim the role, said people with knowledge of the matter. This was despite the BCCI having invited expressions of interest only for IPL 2020, with the tenure of the title sponsorship to end by December 31. ...Less

The cofounder of unicorn Dream 11 says entrepreneurs should start meeting investors much before they’re r ...More

The cofounder of unicorn Dream 11 says entrepreneurs should start meeting investors much before they’re ready to. ...Less

Rajasthan Royals, reeling from a Super Over defeat and a three-match losing streak, face Lucknow Super Gi ...More

Rajasthan Royals, reeling from a Super Over defeat and a three-match losing streak, face Lucknow Super Giants in a critical IPL encounter. The Royals, currently eighth, need to win six of their remaining seven games to secure a playoff spot. Lucknow Super Giants, in a stronger position at fifth, aim to solidify their top-four standing under Rishabh Pant's leadership. ...Less

On Thursday, Nykaa will become the second Indian tech startup to launch an IPO, after Zomato. The company ...More

On Thursday, Nykaa will become the second Indian tech startup to launch an IPO, after Zomato. The company has seen its business recover gradually since last April and is planning an international push, its founder said earlier today. ...Less

Fantasy sports platform's valuation may touch $2.25 billion in the $150-200 million funding round. ...More

Fantasy sports platform's valuation may touch $2.25 billion in the $150-200 million funding round. ...Less

The company, which draws more than 90% of its revenue from the fantasy gaming platform Dream11, wants to ...More

The company, which draws more than 90% of its revenue from the fantasy gaming platform Dream11, wants to expand into other adjacent streams through acquisitions to help protect its revenue and profit. ...Less

India vs Sri Lanka 2nd ODI Playing 11 Prediction: India and Sri Lanka have entered the three-match ODI se ...More

India vs Sri Lanka 2nd ODI Playing 11 Prediction: India and Sri Lanka have entered the three-match ODI series, with India winning 99 of the 169 games in ODIs. India's bowlers, including skipper Rohit Sharma, restricted the Lankans for 230 runs in the 50-over series. The Indian team has a 3-0 sweep against the hosts in T20Is, and new head coach Gautam Gambhir is in the team. The match will be live streamed on Sony Ten and Sony LIV. ...Less

There are indications that Dream Sports may take the SPAC route to a US listing, as co-founder Harsh Jain ...More

There are indications that Dream Sports may take the SPAC route to a US listing, as co-founder Harsh Jain is a board member of a SPAC launched by Ravi Adusumalli and Shashin Shah focused on taking Indian startups public in the US. ...Less

Also in today's ETtech Morning Dispatch: Rupee funds rise as risk appetite grows; Razorpay raises $160 mi ...More

Also in today's ETtech Morning Dispatch: Rupee funds rise as risk appetite grows; Razorpay raises $160 million, valuation trebles in less than six months; Dream11 parent Dream Sports weighs US listing ...Less

The tribunal appointed Madan Bajrang Lal Vaishnawa as the interim resolution professional to conduct the ...More

The tribunal appointed Madan Bajrang Lal Vaishnawa as the interim resolution professional to conduct the insolvency resolution process. Piyush Jani, the resolution professional for Reward Solutions, had approached the NCLT to initiate insolvency proceedings against Sporta after the company defaulted on its dues of about Rs 7.61 crore. ...Less

Tencent-backed Dream11 offers an online fantasy game, wherein players can create different virtual sports ...More

Tencent-backed Dream11 offers an online fantasy game, wherein players can create different virtual sports teams, comprising as many players in real life cricket teams. ...Less

CEO Harsh Jain said Dream11 will not challenge the ban on real money gaming that wiped 95% of its revenue ...More

CEO Harsh Jain said Dream11 will not challenge the ban on real money gaming that wiped 95% of its revenue. This and more in today’s ETtech Top 5. ...Less

How much Chinese is IPL's new title sponsor? All about Dream 11 ...More

How much Chinese is IPL's new title sponsor? All about Dream 11 ...Less

PhonePe is offering zero commissions on in-app payments in an effort to attract more app developers to bu ...More

PhonePe is offering zero commissions on in-app payments in an effort to attract more app developers to build on its own app store. ...Less

Mumbai Indians and Delhi Capitals clash in a crucial IPL showdown for the final playoff spot, with Mumbai ...More

Mumbai Indians and Delhi Capitals clash in a crucial IPL showdown for the final playoff spot, with Mumbai holding a slight advantage due to their form and all-round depth. A victory for Mumbai secures their place, while Delhi needs to win both remaining games. The match may be affected by predicted thunderstorms and rain in Mumbai. ...Less

Gujarat Titans assistant coach Matthew Wade acknowledges Jos Buttler's absence in the playoffs might chal ...More

Gujarat Titans assistant coach Matthew Wade acknowledges Jos Buttler's absence in the playoffs might challenge the middle order. However, Wade expresses confidence in other players stepping up to seize the opportunity and make significant contributions. He highlights the potential for Sherfane Rutherford, Shahrukh Khan, and Rahul Tewatia to shine with increased game time. ...Less

The Bengaluru City Police is preparing to summon Dream11 founders Harsh Jain and Bhavit Sheth in connecti ...More

The Bengaluru City Police is preparing to summon Dream11 founders Harsh Jain and Bhavit Sheth in connection with an FIR, which claims that the fantasy sports platform has flouted the recently implemented Karnataka gaming ban. ...Less

The two companies will co-create an exclusive range of athleisure collection under the label - PUMAxDream ...More

The two companies will co-create an exclusive range of athleisure collection under the label - PUMAxDream11, which will include t-shirts, flip-flops and caps. ...Less

The National Company Law Appellate Tribunal (NCLAT) has directed Sporta Technologies, parent company of D ...More

The National Company Law Appellate Tribunal (NCLAT) has directed Sporta Technologies, parent company of Dream11, to maintain its status as a going concern, despite the RP's counsel arguing that the management is suspended. ...Less

NCLAT freed Sporta Technologies from CIRP after rejecting Reward Solutions' petition linked to a ₹7.61 cr ...More

NCLAT freed Sporta Technologies from CIRP after rejecting Reward Solutions' petition linked to a ₹7.61 crore default, aligned with Section 10A guidelines under the Insolvency and Bankruptcy Code, 2016. The tribunal overturned NCLT Mumbai's order regarding Dream11 insolvency. ...Less

Sunrisers Hyderabad aim to break their three-match losing streak as they clash with a confident Gujarat T ...More

Sunrisers Hyderabad aim to break their three-match losing streak as they clash with a confident Gujarat Titans in their fifth IPL 2025 game. Questions are rising about SRH's strategy under Pat Cummins' leadership as the team struggles to find a balance between aggression and control. ...Less

Rajasthan Royals need to win all remaining matches. They will play against Mumbai Indians. Rajasthan boun ...More

Rajasthan Royals need to win all remaining matches. They will play against Mumbai Indians. Rajasthan bounced back with Vaibhav Suryavanshi's century. Mumbai Indians have won five straight matches. The match is at Sawai Mansingh Stadium, Jaipur. Predicted playing elevens are provided. The match will be broadcasted live on Star Sports Network and JioCinema. ...Less

India vs South Africa 2nd T20 Dream11 Prediction: Following the rain-induced washout in Durban, India and ...More

India vs South Africa 2nd T20 Dream11 Prediction: Following the rain-induced washout in Durban, India and South Africa clash again in the second T20 of the 3-match series in Gqeberha. Rain poses a threat yet again. Scheduled for an 8:30 pm (IST) start, both teams eye the T20 World Cup, with Indian skipper Suryakumar Yadav expressing confidence in IPL offering ample practice. ...Less

Mumbai Indians and Sunrisers Hyderabad, both seeking to improve their inconsistent seasons, will clash at ...More

Mumbai Indians and Sunrisers Hyderabad, both seeking to improve their inconsistent seasons, will clash at Wankhede Stadium. MI, led by Hardik Pandya, aims to build on their recent win, while SRH, captained by Pat Cummins, hopes to capitalize on their explosive batting performance. Expect a high-scoring affair with pace bowlers dominating. ...Less

Gujarat Titans, currently third, will face Delhi Capitals on Saturday, aiming to top the table with a hom ...More

Gujarat Titans, currently third, will face Delhi Capitals on Saturday, aiming to top the table with a home win. GT's batting relies heavily on Gill, Sudharsan, and Buttler, while their bowling, led by Siraj and Krishna, has been exceptional. DC, fresh off a Super Over win, depend on Rahul and Stubbs for runs, with Starc leading their bowling attack. ...Less

Mumbai Indians will face Punjab Kings in a crucial match. Both teams aim for a top-two spot in the Indian ...More

Mumbai Indians will face Punjab Kings in a crucial match. Both teams aim for a top-two spot in the Indian Premier League. The playoff spots are already secured. Punjab Kings need a win to stay in contention. Mumbai Indians have a strong Net Run Rate. A high-scoring game is expected. Jasprit Bumrah-led Mumbai Indians' bowling attack looks stronger. ...Less

The company replaced Chinese mobile phone manufacturer Vivo, which had to pull out for this season becaus ...More

The company replaced Chinese mobile phone manufacturer Vivo, which had to pull out for this season because the Sino-India border stand-off. ...Less

Till 2016, there were only a handful of companies operating fantasy leagues in India with the most domina ...More

Till 2016, there were only a handful of companies operating fantasy leagues in India with the most dominant player, Dream 11 holding almost 90% market share. ...Less

The consumer affairs ministry’s proposed changes to India’s ecommerce rules have met with criticism from ...More

The consumer affairs ministry’s proposed changes to India’s ecommerce rules have met with criticism from companies since they were announced in June. ...Less

The company is planning to shift its headquarters from Lower Parel to this new office address. ...More

The company is planning to shift its headquarters from Lower Parel to this new office address. ...Less

This series captures the defining moment of a prominent personality in India’s startup ecosystem. Today w ...More

This series captures the defining moment of a prominent personality in India’s startup ecosystem. Today we bring you insights from Dream11’s CEO Harsh Jain. ...Less

Former Tech Mahindra executive Rajashree R has joined venture capital firm Kalaari Capital, bringing near ...More

Former Tech Mahindra executive Rajashree R has joined venture capital firm Kalaari Capital, bringing nearly two decades of IT sector experience. Her move follows a trend of senior IT leaders seeking opportunities in startups and investment firms amidst industry shifts driven by AI disruption. ...Less

The 1st ODI match between India and New Zealand will commence on January 18, 2023 at 1.30 PM IST. ...More

The 1st ODI match between India and New Zealand will commence on January 18, 2023 at 1.30 PM IST. ...Less

While some firms have announced the shutting down of real-money offerings, others are weighing the option ...More

While some firms have announced the shutting down of real-money offerings, others are weighing the option of tapping overseas markets where real-money play is legal. For the domestic market, they plan to shift to free, ad-supported contest formats. But this is not expected to keep players looking for financial payoffs, engaged. ...Less

Harsh Anand Jain, CEO of Dream11, purchased a luxury sea-view apartment in Malabar Hill, Mumbai for over ...More

Harsh Anand Jain, CEO of Dream11, purchased a luxury sea-view apartment in Malabar Hill, Mumbai for over Rs 138 crore. The property, on the 23rd habitable floor of Lodha Malabar, spans 9,546 sq ft and includes six car parking slots. Mumbai leads property sales fueled by strong demand across various segments in 2024. ...Less

The show cause notice to the Mumbai-based company comes close on the heels of several other online gaming ...More

The show cause notice to the Mumbai-based company comes close on the heels of several other online gaming platforms receiving notices from GST authorities, but this is not related to the ongoing issue. ...Less

India’s ban on online gambling has shut down a billion-dollar industry, ending fantasy sports cash games ...More

India’s ban on online gambling has shut down a billion-dollar industry, ending fantasy sports cash games and sponsorships like Dream11’s $43 million cricket deal. The law, aimed at curbing addiction, fraud, and money laundering, carries up to five years’ jail. ...Less

Sixer founder Amay Makhija announced the acquisition to users of the platform in an email. The size of th ...More

Sixer founder Amay Makhija announced the acquisition to users of the platform in an email. The size of the deal or the strength of Sixer’s team is not known. ...Less

The investment in Dream11 is Steadview Capital’s third transaction in the past four months. ...More

The investment in Dream11 is Steadview Capital’s third transaction in the past four months. ...Less

Sports streaming service FanCode will exclusively livestream the Dream11 Super Smash 2023-24, New Zealand ...More

Sports streaming service FanCode will exclusively livestream the Dream11 Super Smash 2023-24, New Zealand's T20 league, starting on December 19, 2024. The league features six men's and women's teams, and will be broadcasted on FanCode's mobile app, Android TV, Amazon Fire TV Stick among other streaming providers. ...Less

Dream11 win: Winnings from lottery, online gaming, online sports betting, etc., are considered casual inc ...More

Dream11 win: Winnings from lottery, online gaming, online sports betting, etc., are considered casual income for income tax purposes, as per tax experts. However, taxpayers are not aware of the tax rate applicable on casual income earned. Read on to know the latest income tax rules if money is earned from sports betting, and the penal consequences if it is not reported. ...Less

The National Company Law Appellate Tribunal (NCLAT) has stayed the NCLT Mumbai bench's order to initiate ...More

The National Company Law Appellate Tribunal (NCLAT) has stayed the NCLT Mumbai bench's order to initiate a Corporate Insolvency Resolution Process (CIRP) against Sporta Technologies, the operator of the fantasy sports platform Dream11. The stay will remain in effect until the next hearing on February 23. ...Less

Nine major companies, including Dream11, Ceat, Saudi Tourism, Aramco, Mastercard, RuPay, PhonePe, MyCircl ...More

Nine major companies, including Dream11, Ceat, Saudi Tourism, Aramco, Mastercard, RuPay, PhonePe, MyCircle11, and DP World, have purchased the tender document for the IPL associate and special partner slots. Among them, five are existing sponsors of the IPL. Dream11 and MyCircle11, both fantasy sports companies, are expected to compete against each other. ...Less

Team India will face the West Indies in a two-match Test series, the first of which begins on July 12 in ...More

Team India will face the West Indies in a two-match Test series, the first of which begins on July 12 in Dominica. As soon as the new jersey was unveiled, fans took to various social media platforms to share their views. India's last jersey, which was unveiled for the World Test Championship final, was received with great enthusiasm, but this time it invited some sharp criticism from fans. ...Less

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While user base is exploding, finding a critical mass of big-spending, sticky users remains a challenge. ...More

While user base is exploding, finding a critical mass of big-spending, sticky users remains a challenge. ...Less

The Shenzhen-headquartered company has offered a term sheet for a transaction that could potentially valu ...More

The Shenzhen-headquartered company has offered a term sheet for a transaction that could potentially value the six-year-old company at a pre-money valuation of $400-$450 million. ...Less

ChrysCapital, Facebok co-founder Saverin’s B Capital Group and others in talks to fund firm. ...More

ChrysCapital, Facebok co-founder Saverin’s B Capital Group and others in talks to fund firm. ...Less

The Annapoorneshwari Nagar Police in Bengaluru, had last month, registered an FIR against the fantasy gam ...More

The Annapoorneshwari Nagar Police in Bengaluru, had last month, registered an FIR against the fantasy gaming platform on a complaint from a city resident that the game operator was violating the new state law banning wagering and betting in online games. ...Less

Investors are advised to stay calm amid volatility, focus on defensive stocks like HUL and NTPC, and watc ...More

Investors are advised to stay calm amid volatility, focus on defensive stocks like HUL and NTPC, and watch for explosive opportunities. Gold outperformed expectations, and a Dream 11 portfolio should balance momentum, defense, growth, and risk mitigation. ...Less

Experts predict a major consolidation in the real-money gaming (RMG) industry in the near future, wherein ...More

Experts predict a major consolidation in the real-money gaming (RMG) industry in the near future, wherein 80% of the smaller companies will either shut down or get acquired by bigger rivals such as MPL, Dream11 and Games24x7. ...Less

However, Jain is confident of the investors backing him. The company’s cash reserves provide it with a fe ...More

However, Jain is confident of the investors backing him. The company’s cash reserves provide it with a few years of runway, he added. Dream Sports, the parent of fantasy sports app Dream11, was last valued at $8 billion during its 2021 funding round, when it raised $840 million from Tiger Global, Alpha Wave Global, DST Global, and TPG. ...Less

Lucknow Super Giants, riding a three-match winning streak and strong top-order batting led by Nicholas Po ...More

Lucknow Super Giants, riding a three-match winning streak and strong top-order batting led by Nicholas Pooran, will face a struggling Chennai Super Kings. CSK has suffered five consecutive defeats due to a faltering batting lineup and ineffective bowling. LSG's bolstered bowling attack, spearheaded by Shardul Thakur and the emergence of Digvesh Rathi, adds to CSK's challenges. ...Less

Dream11 was the only serious contender in the race as Disney Star was the only other company that picked ...More

Dream11 was the only serious contender in the race as Disney Star was the only other company that picked the tender document, a source told ET. ...Less

Dream11 counts venture capital firm Kalaari Capital, Renuka Ramnath-led Multiples Alternate Asset Managem ...More

Dream11 counts venture capital firm Kalaari Capital, Renuka Ramnath-led Multiples Alternate Asset Management and San Francisco-based Think Investments among investors. ...Less

After a 10-day break, IPL resumes with Punjab Kings facing Rajasthan Royals at the Sawai Mansingh Stadium ...More

After a 10-day break, IPL resumes with Punjab Kings facing Rajasthan Royals at the Sawai Mansingh Stadium. RR, already out of the tournament, will be led by Sanju Samson, who is likely to make a comeback. PBKS, aiming for a top-four spot, will miss key Australian players but welcome Mitchell Owen and Kyle Jamieson as replacements. ...Less

PBKS vs CSK Playing 11 Predictions: Punjab Kings will face Chennai Super Kings at Mullanpur, with PBKS ai ...More

PBKS vs CSK Playing 11 Predictions: Punjab Kings will face Chennai Super Kings at Mullanpur, with PBKS aiming to rebound after a loss to Rajasthan. CSK, led by Ruturaj Gaikwad, seeks to end their three-match losing streak, potentially reshuffling their batting order. PBKS might bring in Harpreet Brar, while CSK could use Anshul Kamboj as an impact player, both teams strategizing for a crucial win. ...Less

The GST demand of Rs 92,000 crore on past transactions will also impact larger players such as Dream11, J ...More

The GST demand of Rs 92,000 crore on past transactions will also impact larger players such as Dream11, Junglee Games and Mobile Premier League, which have been pivoting to different businesses following the blanket RMG ban introduced in August last year, executives said. ...Less

BCCI announced MPL Sports, the athleisure wear and sports merchandise brand from MPL, as the official kit ...More

BCCI announced MPL Sports, the athleisure wear and sports merchandise brand from MPL, as the official kit sponsor for the next three years, till December 2023. The Indian cricket board had to extend deadline after it found no bidders for kit sponsorship in September. ...Less

The business growth is attributed to the addition of new customers, scaling-up of existing customers and ...More

The business growth is attributed to the addition of new customers, scaling-up of existing customers and offering new products. In the payment gateway business unit, the company broke even in April 2019 and has been profitable every month since then. ...Less

This comes at a time when India is emerging as the next frontier of growth given that fewer Chinese start ...More

This comes at a time when India is emerging as the next frontier of growth given that fewer Chinese startups are going public due to the uncertainty caused by the country’s ongoing trade war with the US and overall sobering of valuations. ...Less

If you are in business, the issue of profitability is going to catch up with you eventually. All business ...More

If you are in business, the issue of profitability is going to catch up with you eventually. All businesses exist for generating profits. All valuation models are eventually built on profit, earning multiples. ...Less

Vivo, which was supposed to resume as the title sponsor of the cash-rich league in 2021 — after a one-yea ...More

Vivo, which was supposed to resume as the title sponsor of the cash-rich league in 2021 — after a one-year hiatus — owns the rights for three more seasons at Rs 440 crore per year. However, the company is open to taking a hit and assigning the rights to any interested party, sources said. ...Less

Commenting on the development, Tata Motors Head, Marketing Passenger Vehicle Business Unit (PVBU) Vivek S ...More

Commenting on the development, Tata Motors Head, Marketing Passenger Vehicle Business Unit (PVBU) Vivek Srivatsa said: "The festive season has kicked in well for us and IPL is nothing short of a festival for the cricket fans across the country. We are elated to be back for the third consecutive year with IPL..." ...Less

In a recently released video, Aamir Khan, R Madhavan and Sharman Joshi can be seen mocking cricketers for ...More

In a recently released video, Aamir Khan, R Madhavan and Sharman Joshi can be seen mocking cricketers for their acting skills. The video also shows cricketers mocking the actors for their inclination towards playing cricket. ...Less

The Board of Control for Cricket in India ended its deal with Dream11. Dream11 was the Indian cricket tea ...More

The Board of Control for Cricket in India ended its deal with Dream11. Dream11 was the Indian cricket team's jersey sponsor. The Online Gaming Bill led to this decision. The bill aims to regulate online gaming. Devajit Saikia of BCCI spoke about the contract termination. BCCI plans to find a new sponsor. ...Less

Why the creators of Dream11’s IPL campaign think one more hat-tip to the Indian cricket fan is just what ...More

Why the creators of Dream11’s IPL campaign think one more hat-tip to the Indian cricket fan is just what the people and the brand need. ...Less

After a week-long pause, the IPL resumes with RCB hosting KKR. RCB, currently second and on a four-match ...More

After a week-long pause, the IPL resumes with RCB hosting KKR. RCB, currently second and on a four-match winning streak, aims to secure a playoff spot despite losing Padikkal to injury and Hazlewood's uncertain availability. KKR, needing a win to stay in contention, faces challenges with Ali and Powell's absence, relying heavily on Rahane and their spin bowlers. ...Less

Punjab Kings are eager to recover from a tough loss as they face Kolkata Knight Riders at home, but their ...More

Punjab Kings are eager to recover from a tough loss as they face Kolkata Knight Riders at home, but their bowling and fielding weaknesses are a concern, especially with Lockie Ferguson's absence. KKR, boosted by a dominant win against CSK, holds a strong head-to-head record. The match is expected to favour disciplined bowling on a balanced surface. ...Less

After a recent setback against Mumbai Indians, despite Karun Nair's impressive innings, Delhi Capitals ar ...More

After a recent setback against Mumbai Indians, despite Karun Nair's impressive innings, Delhi Capitals are eager to regain momentum as they face Rajasthan Royals at the Arun Jaitley Stadium. Rajasthan Royals, struggling with inconsistent batting and bowling performances, seek to improve their position in the bottom half of the table. ...Less

Mumbai Indians vs Royal Challengers Playing 11 predictions: Mumbai Indians are seeking to regain their fo ...More

Mumbai Indians vs Royal Challengers Playing 11 predictions: Mumbai Indians are seeking to regain their form against Royal Challengers Bengaluru in an IPL 2025 match at Wankhede Stadium. With only one win in four games, MI's top order struggles, while RCB, despite a recent loss, hold third place on the table. A match expected to favor batters awaits. ...Less