Company Facts

Who owns Dream11?

Dream11 is built and run by Dream Sports, an Indian sports-technology company founded in 2008. Here are the facts — founders, ownership, and how the company has grown.

Dream11 at a glance

Parent company

Dream Sports

Founded

2008

Founders

Harsh Jain & Bhavit Sheth

Headquarters

Worli, Mumbai, India

CEO

Harsh Jain

COO

Bhavit Sheth

Reported valuation

~$8 billion (as of 2026 reporting)

Status

India's first fantasy-sports unicorn

Valuation and funding figures are drawn from public company-profile reporting and change as new rounds are announced. Treat specific numbers as approximate, not official Dream Sports disclosures.

The founders

Harsh Jain co-founded Dream11 in 2008 and serves as CEO. He pushed for the single-match fantasy format that became the platform's core product after years of experimenting with other sports-tech ideas that didn't gain traction. He also serves as President of the Federation of Indian Fantasy Sports (FIFS), the industry's self-regulatory body.

Bhavit Sheth co-founded the company alongside Jain and serves as COO, responsible for the operational and technical scale needed to handle tens of millions of concurrent users during peak events like IPL matches.

The two built the company over more than a decade before it became a unicorn — the "overnight success" framing common in press coverage understates the years of iteration that preceded Dream11's breakout format.

Who else owns a stake?

Beyond the founders, Dream Sports has raised funding from institutional investors across multiple rounds since its early years. Investors reported in public company-profile data include Tiger Global Management, Kalaari Capital, DST Global, TPG, Tencent, and others — with the founders and early team retaining a meaningful combined equity stake alongside an employee stock ownership pool (ESOP).

This is standard for a company at Dream Sports' scale and funding history: founders keep significant control and economic interest, while institutional capital funds growth, infrastructure, and — in recent years — expansion into adjacent business verticals beyond fantasy sports.

Dream11 isn't Dream Sports' only business anymore

For most of its history, Dream11 (fantasy sports) was Dream Sports' primary and highest-margin business by far. More recently, the company has expanded into other verticals — sports content and streaming, fintech products, and sports travel — organized as largely independent units with their own leadership, rather than a single centralized product line.

For a fantasy-cricket player, this context matters less than the day-to-day mechanics of the game — which is what the rest of this site focuses on. If you're here for strategy rather than corporate structure, start with the how-to-play guide or the legal status guide.

Frequently asked questions

Who owns Dream11?

Dream11 is the flagship product of Dream Sports (formerly Dream11 Group), a Mumbai-based sports technology company. Dream Sports is majority-owned by its founders and institutional investors — founders Harsh Jain, Bhavit Sheth, and Karan Pahuja hold a combined equity stake, alongside investors like Tiger Global Management, Kalaari Capital, TPG, and Tencent.

Who is the founder of Dream11?

Dream11 was co-founded in 2008 by Harsh Jain and Bhavit Sheth, childhood friends who built the platform after years of experimenting with other sports-tech formats. Harsh Jain serves as CEO; Bhavit Sheth serves as COO.

What is Dream11's net worth / valuation?

Dream Sports has been valued at approximately $8 billion in funding rounds reported through 2026, making it one of India's highest-valued startups. This figure reflects company valuation, not personal net worth of the founders — those are separate figures and not fully public. Valuations change with each funding round, so treat any specific number as a snapshot, not a fixed fact.

Is Dream11 an Indian company?

Yes. Dream Sports (Dream11's parent) is headquartered in Worli, Mumbai, India, and was founded and is run by Indian entrepreneurs. It was the first Indian gaming/fantasy-sports company to reach unicorn status ($1B+ valuation).

Does Dream11 only do fantasy cricket?

No — not anymore. Dream Sports has expanded beyond fantasy sports into adjacent verticals including sports content/OTT, fintech, and sports travel, structured as largely independent business units. Fantasy sports (Dream11) remains the core, most recognized product.

A note on this page

This site is not affiliated with, endorsed by, or operated by Dream Sports or Dream11. We are an independent decision-support resource for fantasy-cricket players. See About this site for what we actually do.

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