Dream11

Dream11 History

Dream11 Founders

Dream11 was founded in 2008 by Harsh Anandkumar Jain, Bhavit Rajesh Sheth & Varun Daga.

Previously it was registered under Sporta Technology Private Limited in June 2017 and later named Dream11 Fantasy Private Limited.

Dream11 Parent Company

Dream11 Parent company is Dream Sports.

It also has a subsidiary branch of merchandise named Fan code.

There are around 542 employees in Dream11.

Dream11 Milestones

• 2007 – Sporta Technology Pvt. Ltd.
• 2008 – Harsh, Bhavut & Varun co-founded Dream11
• 2012 – Launch of freemium fantasy sports platform for Cricket enthusiasts
• 2014 – 1 million registered userbase
• 2016 – 2 million registered userbase
• 2018 – Reached 45 million registered users and ranked 9th in India’s Great Mid-Size Workplaces
• 2019 – Recognised as top 10 innovative companies in India by Fast Company
• 2020 – Became IPL 2020 Title sponsor.

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Dream11 Partnership

Dream11 Investors

• Kalaari Capital
• Think Investments
• Tencent
• Steadview
• Multiples Equity

Dream11 IPL Title Sponsorship

Dream11 became the title sponsor for IPL 2020 by winning a bid worth Rs. 222 crore for the 4.5-month deal.

Chinese mobile brand Vivo had the title sponsorship with a 5-year contract.

BCCI suspended this deal with Vivo over the controversial circumstances at the Indo-Chinese border.

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Dream11 Brand Ambassadors

Dream11 has 17 brand ambassadors in 2020. Mahendra Singh Dhoni became the brand ambassador in 2018 and ran a media campaign named Dimaag Se Dhoni.

Dream11 has 7 Indian cricket players and ten international cricket players as a brand ambassador.

List of Dream11 Brand Ambassador 2020

• Mahendra Singh Dhoni
• Rohit Sharma
• Jos Buttler
• Ben Stokes
• Jonny Bairstow
• Faf-du-Plessis
• Quinton-de-Kock
• Kagiso Rabada
• Andre Russell
• Jason Holder
• Kane Williamson
• Jasprit Bumrah
• Rishabh Pant
• Dinesh Karthik
• AB Devilliers
• Ajinkya Rahane
• R. Ashwin

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Dream11 Legality

Is dream11 gambling?

Gambling is known as the game of chance.

The Indian High Court ruled Dream11 fantasy sports format as a game of skill.

Since the Dream11 fantasy leagues are not dependent on winning or losing of one team, the judges ruled it as not a betting or gambling.

What is a game of skill?

Game of skill is a game where the participant uses their mental or physical skill instead of the chance to get the outcome.

Apps like Dream11 requires sports knowledge to create a virtual team and win cash.

Is Dream11 legal in India?

The Indian High Court, in its ruling, stated that Dream11 is a game of skill and requires knowledge, judgment, and attention.

Hence it is legal to play fantasy sports on the Dream11 app. But, few states like Assam, Odisha, and Telangana are still restricted.

Is the dream11 app safe?

Dream11 is the most trusted fantasy sports platform in India.

It is safe to play fantasy sports on the Dream11 fantasy cricket app as long as you follow the Fairplay rule.

Is dream11 a Chinese app?

Dream11 is an India-based mobile fantasy sports platform.

But, a China-based game development organization, Tencent, has investments in Dream11.

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Dream11 Fantasy Game Format

Dream11 offers a fantasy sports platform for numerous professional sports like cricket, football, Basketball, Baseball, NFL & Hockey.

Fantasy game users create their virtual team of players by choosing players from both sides of a real match.

The Player’s performance in the real match decides the number of points that users get.

The user with the highest point in a fantasy league gets first rank and associated prize money.

Dream11 has both free and paid tournaments.

The fantasy game user has to pay a joining fee to participate in the contest.

The game participants must be at least 18 years of age.

KYC formalities are required to withdraw the winning amount.