Dream11 Parent Dream Sports Raises $225 Mn Led By Tiger Global, TPG Global & Others

Sports technology company Dream Sports raised $225 Mn through primary and secondary investment, led by New York-based investment firm Tiger Global Management, an investment vehicle of global private investment firm TPG Global, India-focused private equity firm Chrys Capital and investment firm Footpath Ventures. 

Dream Sports is the parent company of fantasy sports platform Dream11. It also counts multi-sport aggregator platform FanCode, and accelerator program for sports startups DreamX in its portfolio.With the deal coming through, Chinese tech conglomerate Tencent Holdings’ shares in Dream11 are expected to come down to below 10%.

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