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DREAM11 EXIT
Sarvam’s unicorn raise; Big exits in new IPOsHappy Tuesday! Sarvam has vaulted into the unicorn club after a fresh funding round. This and more in today’s ETtech Morning Dispatch.- Former Tech Mahindra executive Rajashree R joins VC firm Kalaari CapitalFormer Tech Mahindra executive Rajashree R has joined venture capital firm Kalaari Capital, bringing nearly two decades of IT sector experi...
- Jason Kothari's entertainment startup Mythik raises $5 million, at valuation of over $50 millionMythik, a media tech firm by ex-Freecharge CEO Jason Kothari, secured $5 million in fresh funding, extending its previous $15 million raise...
- No broadcaster for World Cup? What FIFA’s India standoff could really costAs FIFA gears up for the 2026 World Cup, it encounters a broadcasting conundrum in India. Following a surge in online viewership during the...
- Premji eyes Emergent bet; Krutrim plans unravelHappy Wednesday! Premji Invest is circling Emergent, looking to join its latest fundraise at a $1.5 billion valuation. This and more in tod...
- Indian IT pack falls; MeitY’s e-gaming rulebookIndian IT stocks suffered on Wednesday after HCLTech’s weak Q4 numbers. This and more in today’s ETtech Top 5.
- Dream11 exits IPL jerseys as teams sign new principal sponsorsSeveral IPL franchises are set to unveil new principal sponsors for the upcoming season, with deals priced 15-20% higher than previous cont...
- Dream Sports plans office move amid broader cost-cutting pushThe parent firm of fantasy gaming platform Dream11 has been hit hard by the government’s ban on real money gaming. With the location change...
- Dream11 eyes advertising revenue with 10 million daily active users after RMG banThe fantasy sports platform, part of Dream Sports, with over 250 million registered users, moved to a free-to-play model following the ban ...
- BCCI sets bid floor price for Team Lead rightsThe Board of Control for Cricket in India has announced the reserve prices for the National Team Lead Sponsor rights. The price is ₹3.5 cro...
- BCCI increases Indian team's jersey sponsorship ratesSponsoring the Indian cricket team will cost more. The Board of Control for Cricket in India has increased match fees. This follows Dream11...
- BCCI looks for new jersey sponsor to take guard at the creaseThe BCCI seeks a new lead sponsor for the national cricket team after Dream11's exit due to the government's ban on money-based gaming. Wit...
- BCCI begins process to find new sponsor following Dream11's exitTeam India may enter the Asia Cup without a jersey sponsor as Dream11's partnership ends due to the government's ban on real money gaming p...
- From Sahara to Dream11: Harsh Goenka calls India's cricket jersey as 'real brand survival test'Harsh Goenka's comment highlights the risks of sponsoring the Indian cricket team. Dream11 ended its jersey deal after a new gaming law. Ma...
- Dream11 in talks with BCCI to exit ₹358 crore jersey sponsorship after gaming banDream11 is in talks with the BCCI to potentially exit its jersey sponsorship deal due to the government's ban on real-money gaming, impacti...
- From Paytm to MakeMyTrip: How Indian startups are unwinding Chinese ownershipIndia’s largest online travel platform plans to raise $3 billion through a mix of debt and equity to buy back shares from Trip.com Group. O...
- Vivo may transfer IPL title rights; Dream11, Unacademy in contentionDream11 had been the IPL title sponsors for the 2020 edition, winning the rights for Rs 222 crore, which was nearly half (Rs 440 crore) of ...
- IPL sponsor Dream11 purely an Indian company, only for Indian users: Harsh JainChinese smartphone maker Vivo had exited as title sponsor for IPL 2020 because of public anger over hostilities at the Sino-India border.
- Dream11 in fund-raising talks, valuation may touch $2.25 billionFinal round of discussions on with TPG, Advent, Lupa and ChrysCap to raise about $150-200 mn.
- TPG, Lupa, Chrys Capital & Advent plan new innings with Dream 11Fantasy sports platform's valuation may touch $2.25 billion in the $150-200 million funding round.
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