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HARSH JAIN INTERVIEW
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...- Early investors Peak XV, YC set for big gains as Groww lists; founders’ stake valued at nearly Rs 20,000 croreGroww's early investors and founders are poised for substantial gains as the investment platform prepares for its public offering. The cofo...
- Early investors set for big paper gains in Groww IPO; founders’ stake valued at over Rs 16,000 croreGroww’s four cofounders — Lalit Keshre, Harsh Jain, Ishan Bansal, and Neeraj Singh — together hold 26.6% stake, now valued at over Rs 16,00...
- Gameskraft lays off 120 amid real-money gaming ban, CFO fraudGameskraft has laid off 120 employees due to the new online gaming regulations and halted operations. The company also filed a police compl...
- Ban-hit real money gaming companies fire 2,000 setting off a scramble for jobsNearly 2,000 employees at real money gaming (RMG) firms including MPL, Games24x7, Zupee, PokerBaazi, and Head Digital have lost jobs after ...
- Games24X7 to lay off 70% employees as real money gaming ban pinchesGames24x7 is reportedly laying off around 70% of its workforce, potentially impacting 500 employees, following the government's ban on onli...
- MPL to slash local workforce as real-money gaming ban wipes out India bizAs a group, India accounted for 50% of Mobile Premier League (MPL) parent M-League's revenue and this change would mean that we will no lon...
- ‘Bad timing’, says Dream Sports CEO Harsh Jain on flipback to India amid RMG banDream Sports CEO Harsh Jain acknowledges the redomiciling to India was poorly timed due to the online gaming ban, impacting revenue. The co...
- Dream Sports CEO Harsh Jain plays down layoff fears amid real-money gaming banIn a wide-ranging interview after the government's stringent gaming legislation, Jain said Dream Sports will not be challenging the ban leg...
- Dream Sports valuation to plummet; has cash runway of few years: CEO Harsh Jain on real-money gaming banHowever, Jain is confident of the investors backing him. The company’s cash reserves provide it with a few years of runway, he added. Dream...
- Rario reversal: Dream Sports-backed NFT marketplace abandons shutdown planThe company announced on Thursday night via X that it will continue with “Rario’s current rewards program, allowing users to use their card...
- Employees of this $8 bn startup are fined Rs 1,00,000 if they try to contact co-workers during vacationIn many cases employees are flooded with work-related calls even during holidays.
- Dream11 clocks Rs 180-crore profit in FY20Dream11, 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 i...
- Dream Sports bags $840 million at $8 billion valuationDST Global, D1 Capital come in as new investors as the sports tech firm wants to diversify beyond online fantasy gaming.
- Dream Sports sets up $250 million corporate venture fundDream Capital is looking to invest $1 million to $100 million in startups involved in sports, gaming and fitness technology, especially tho...
- Dream11 parent Dream Sports weighs $1.5-billion US listingThere 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 launc...
- ETtech Interview | Dream11 won’t raise funds from Chinese investors ever again: CEO Harsh Jain“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...
- Scoop: Dream Sports' valuation may double to $4 billionDream 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...
- Dream11 anticipates more secondary transactionsDream11 counts venture capital firm Kalaari Capital, Renuka Ramnath-led Multiples Alternate Asset Management and San Francisco-based Think ...
- Deutsche Bank's Juergen Fitschen regrets complaining about police raidFitschen regretted that his call to Hessen Premier Volker Bouffier last Thursday provoked harsh criticism.
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