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Indian fantasy sports app Dream11’s parent firm raises $225M at over $2.5B valuation

Dream Sports, the parent firm of fantasy sports app Dream11, has secured $225 million in a new financing round as the Mumbai-headquartered firm builds what it calls “end-to-end sports tech company” in the cricket-loving nation, which is also the world’s second largest internet market.
Tiger Global Management, TPG Tech Adjacencies (TTAD), ChrysCapital and Footpath Ventures financed $225 million in Dream Sports through primary and secondary investments, the 12-year-old Indian firm said.
The new round values Dream Sports at over $2.5 billion, two people familiar with the matter told TechCrunch. Dream11 has raised about $325 million to date.
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