Tag: Dream 11

  • Delhi High Court Urges Centre to Form Authority, Frame Rules for New Gaming Law

    In order for the recently passed Promotion and Regulation of Online Gaming Act to be effective, the Delhi High Court ordered the Centre on 2 September to establish an authority and publish the regulations. On a suit contesting the new online gaming law, a bench consisting of Chief Justice Devendra Kumar Upadhyaya and Justice Tushar Rao Gedela issued the rulings.

    The Act, which was approved by Parliament on August 21, encourages e-sports in addition to “safe online social and educational games” and outlaws all types of online money games.

    The judges pointed out that the Centre had not yet established a body to supervise the law’s application. “Until you constitute the authority and promulgate the rules, you will not be able to work on the act,” the court stated. After eight weeks, the matter was scheduled for hearing.

    Sharing his views on the development, Kamal Karanth, Co-Founder Xpheno- A specialist Staffing Firm stated, “While the focus and buzz has been on real money gaming (RMG), it is important to note that most gaming enterprises operate across three verticals—RMG, social gaming, and eSports. The skills and talent deployed across these lines are highly adjacent and transferable. This adjacency provides a talent agility which has helped the sector remain resilient despite regulatory uncertainties.”

    “Gaming tech skills—ranging from AR/VR and app development to AI and immersive design—are not just central to gaming but are also critical to emerging sectors like fintech, edtech, and healthtech. The potential is hence high for redeployment and absorption of talent within the enterprise or within gaming and other adjacent sectors,” he added.

    Argument in the Court

    The government is now establishing an authority under the Act, according to Solicitor General Tushar Mehta, who spoke on behalf of the Centre during a brief session. According to him, the Central Government is now creating regulations and establishing its authority. Although online gaming is encouraged by the government, youngsters who play for real money become addicted and commit suicide.

    The online carrom game platform Bagheera Carrom (OPC) Private Limited filed the petition, arguing that the new law was enacted in excessive haste and without adequate stakeholder participation, violating fundamental rights. The new rule, according to the petition, indiscriminately prohibits all online real-money games, regardless of whether they are skill-based or chance-based.

    Already, Many Players Shutting Real Money Gaming From System

    Shortly after the Indian government’s online gaming bill was approved by both Houses of Parliament, India’s leading real money gaming (RMG) companies, including Dream11 parent company Dream Sports, Gameskraft, Mobile Premier League (MPL), Zupee, and Nazara-backed PokerBaazi, started to stop holding money-related competitions and games on their platforms.

    The measure forbids online money games, which are those in which players deposit money either directly or indirectly in the hopes of winning.

    All ‘Pay to Play’ competitions on Dream Picks, a newly released fantasy sports app that allows users to create four-player teams and compete in both innings, have been suspended by Dream Sports. Additionally, Dream Play, the company’s casual RMG app, is being discontinued.

    Wave of Layoffs in the Indian Online Gaming Sector

    The Mobile Premier League (MPL), one of the largest gaming businesses in India, has announced significant employment layoffs as a result of the country’s decision to ban paid online games. Reuters reports that the Bengaluru-based startup will lay off roughly 300 employees, or 60% of its India workforce, because the new rule eliminates revenue from its primary fantasy and card gaming business.

    Moonshine Technology, which was supported by Nazara Technologies and ran PokerBaazi, began firing its staff. According to sources who spoke to several media sites, the business has begun to lay off workers, with up to 50% of its personnel potentially affected.

    Quick
    Shots

    •Delhi High Court directs Centre to
    constitute an authority and frame rules for the new Promotion and Regulation
    of Online Gaming Act.

    •Act, passed on August 21, promotes
    e-sports and safe social/educational games but bans all real-money online
    games.

    •Bench of Chief Justice Devendra Kumar
    Upadhyaya and Justice Tushar Rao Gedela stressed law cannot function without
    rules and authority.

    •Government assured it is working on
    setting up the authority and framing regulations.

     

  • Dream11’s FanCode to Exit Sports Merchandise Business in India by October 2025

    By October of this year, Dream11 parent company Dream Sports’ sports media startup FanCode plans to close its online sports retail store, FanCode Shop. According to a statement from FanCode, the startup chose to close its sports merchandise division in June and reallocate funds to its main content business.

    Reason Behind the Exit from Sports Merchandise

    A representative for FanCode stated that this will assist the company in concentrating on its areas of greatest growth and user value. All orders placed during that time will be fulfilled by FanCode Shop, which will remain open until October. ET was the first to report on the development.

    Challenges in India’s Sports Retail Market

    According to a report by ET, the merchandise industry is facing ongoing challenges with profitability and the unregulated spread of fake goods, both of which have very little room for expansion.

    FanCode Shop as a Revenue Stream

    The goal of FanCode Shop was to give FanCode, which provides live sports streaming, analysis, and commentary, another source of income. It was established in 2020 and, through alliances with IPL teams, the NBA, international cricket organisations, and top football clubs worldwide, provides official sportswear, fan gear, and memorabilia.

    Closure of Real Money Gaming Operations

    This comes shortly after Dream Sports closed its actual gaming operations after the Parliament passed the “Promotion and Regulation of Online Gaming Bill, 2025”. According to Dream11 CEO Harsh Jain, the startup’s 95% revenue vanished overnight as a result of the real money gaming ban.

    Shift to FanCode, Dream Money, DreamCricket, and DreamSetGo

    The startup will now concentrate on FanCode, the recently launched investment tech product Dream Money, the online game DreamCricket, and the sports hospitality brand DreamSetGo rather than contesting the bill in court.

    AI and Future Growth Strategy

    Additionally, Dream11 intends to reallocate its resources to AI-powered advancements in fan interactions, merchandise, sports content, and commerce.

    To increase its runway, the business will also reduce its investment in partnerships, marketing, and advertising. It also withdrew as the Indian cricket team’s primary sponsor as part of this. Nearly all Indian startups, including Zupee, Paytm, Games24x7, and others, have ceased their real money gambling businesses since the bill’s passage.

    Withdrawing as Indian Cricket Team Sponsor

    The company has also discontinued its jersey sponsorship of the Indian cricket team and is now concentrating on the development of businesses in sports AI, streaming, and creator-led audience engagement. FanCode is anticipated to play a significant role in this endeavour.

    FanCode has expanded as a digital sports destination since its 2019 inception, providing live match streaming, highlights, statistics, and tools for fantasy research. In addition to basketball, racing, and football properties, it has acquired the rights to a number of domestic and international cricket series.

    According to IMARC Group, the licensed sports products industry in India was estimated to be worth $1.1 billion in 2024 and is expected to grow to $1.5 billion by 2033.

    Quick
    Shots

    •Company shifting focus to core sports
    content business and higher-growth areas.

    •Launched in 2020, partnered with IPL
    teams, NBA, cricket boards & football clubs to sell official fan gear.

    •Struggled with profitability issues
    and fake goods market hurting licensed merchandise growth.

    •Follows Dream Sports’ closure of real
    money gaming operations after Online Gaming Bill, 2025.

  • Dream11, Gameskraft, Zupee, MPL Suspend Real-Money Gaming Services Amid Industry Shake-Up

    Shortly after the Indian government’s online gaming bill was approved by both Houses of Parliament, India’s leading real money gaming (RMG) companies, including Dream11 parent company Dream Sports, Gameskraft, Mobile Premier League (MPL), Zupee, and Nazara-backed PokerBaazi, started to stop holding money-related competitions and games on their platforms.

    The measure forbids online money games, which are those in which players deposit money either directly or indirectly in the hopes of winning.

    All ‘Pay to Play’ competitions on Dream Picks, a newly released fantasy sports app that allows users to create four-player teams and compete in both innings, have been suspended by Dream Sports. Additionally, Dream Play, the company’s casual RMG app, is being discontinued.

    Dream11 Suspends Real Money Fantasy Competitions

    A notification on the app states that Dream11is suspending all “pay to play” fantasy sports competitions on its platform due to the current developments surrounding “The Promotion and Regulation of Online Gaming Bill, 2025”. The Dream11 app allows users to safely access and withdraw their account balance.

    According various media reports, Dream Sports also intends to halt sponsored competitions on its main Dream11 app after the law is notified after the President’s approval. In FY23, the business reported a net profit of INR 188 crore on INR 6,384 crore in operational sales. Dream Sports chose not to respond.

    MPL Shuts Down Money-Based Games

    The Mobile Premier League (MPL), an RMG platform, announced that it has closed all of its money-related gaming options.

    “While new deposits will no longer be accepted, customers will be able to withdraw their balances seamlessly,” stated a spokeswoman. “Regardless of the revenue model, our goal has always been to become the biggest competitive gaming platform globally, and we are still dedicated to giving our Indian users competitive, free-to-play, non-money-based gaming experiences. As we finish the process of shutting down online money games, we will update our community on the following steps,” the representative stated.

    On its iOS and Android apps, MPL provides more than 60 games in categories such as board games, puzzles, daily fantasy sports, quizzes, and casual games.

    Gameskraft Halts RummyCulture Cash Services

    In a stock market announcement on August 22, Nazara Technologies said that Moonshine Technology, the parent company of the online poker platform PokerBaazi, has “ceased offering real money online gaming operations.”

    “Moonshine, an affiliate firm in which Nazara owns a 46.07% share, has stopped providing real money online gambling operations out of extreme caution and in accordance with the government’s mandate. After the bill is passed, the corporation will assess its next steps,” the multifaceted gaming and sports media organisation stated.

    Additionally, Gameskraft, a Bengaluru-based company, is suspending “Add Cash” and “Gameplay services” on its rummy applications, such as RummyCulture. “In compliance with platform policies, the withdrawal services are still accessible. We wish to reassure users that their money is still secure with us. In order to guarantee complete compliance with the changing legislative framework, this is a preventative action,” a business representative stated in a statement.

    Quick
    Shots

    •India passes Online Gaming Bill 2025,
    banning money-based online games.

    •Dream Sports suspends ‘Pay to Play’
    competitions on Dream Picks & shuts down Dream Play RMG app.

    •Mobile Premier League halts all
    money-gaming; users can withdraw balances but no new deposits allowed.

    •Bengaluru-based Gameskraft suspends
    Add Cash & gameplay services on RummyCulture; withdrawals still open.

  • From DLF to TATA: Fees of IPL Title Sponsors Over the Years

    The cash-rich Indian Premier League— as a product and brand— has emerged as one of the most profitable arms of cricket. Since its inception in 2008, the Board of Control for Cricket in India’s brainchild has risen by leaps and bounds to be adequately represented by the title sponsors bragging rights to cricket’s most profitable competition.

    The title sponsor fees of IPL are strategically important to the BCCI and the companies wanting the gig. So far, three companies had the most extended contracts with BCCI’s cash-rich T20 league— Pepsi, Vivo, and Tata Group. However, the former two had to unexpectedly terminate their agreement due to spot-fixing allegations and border politics.

    The large viewership of this lucrative sport has lured brands and MNCs to bid on the title sponsorship. The title sponsorship forms a crucial key to the IPL’s revenue-sharing agreement with the franchises— a fraction of the title sponsorship money goes to the ten franchises.

    The 2025 Indian Premier League, also called IPL 18 or TATA IPL 2025, will be the 18th season of the IPL. The tournament will have ten teams playing 74 matches from March 22 to May 25, 2025.

    IPL Title Sponsorship Over the Years
    IPL Title Sponsorship Over the Years

    Here’s a timeline of IPL title sponsors price over the years 2008 to 2028:

    Year Sponsor Fees
    2008 DLF INR 40 crores
    2009 DLF INR 40 crores
    2010 DLF INR 40 crores
    2011 DLF INR 40 crores
    2012 DLF INR 40 crores
    2013 Pepsi INR 79.4 crores
    2014 Pepsi INR 79.4 crores
    2015 Pepsi INR 79.4 crores
    2016 Vivo INR 100 crores
    2017 Vivo INR 100 crores
    2018 Vivo INR 439.8 crores
    2019 Vivo INR 439.8 crores
    2020 Dream 11 INR 222 crores
    2021 Vivo INR 439.8 crores
    2022 Tata INR 335 crores
    2023 Tata INR 335 crores
    2024 Tata INR 500 crores
    2025 Tata INR 500 crores
    2026 Tata INR 500 crores
    2027 Tata INR 500 crores
    2028 Tata INR 500 crores

    Here is a list of the IPL title sponsors over the years:

    DLF: 2008-12

    Sponsor DLF
    Tenure 2008 to 2012
    Fees INR 40 Crore per annum

    The Delhi-based then India’s largest real estate firm, DLF, was the sponsor of the first-ever edition of the Indian Premier League in 2008. Signing a four-year deal with BCCI, DLF bagged the bid by paying BCCI INR 40 crore per annum and became a household name. It was a clever move for the company as it instantly came into the limelight— mainly as the first brand to become the title sponsor of IPL. DLF remained the title sponsor till 2012, and as the deal ended in 2012, the company decided not to renew it. DLF was the first IPL sponsor.

    Pepsi: 2013-15

    Sponsor Pepsi
    Tenure 2013 to 2015
    Fees INR 79.4 Crore per annum
    IPL Title Sponsors List - Pepsi
    IPL Title Sponsor List – Pepsi

    After DLF’s contract with BCCI was terminated, the soft drink giant Pepsi took over from DLF and grabbed sponsorship rights at INR 396 Crore for five years. The second brand sponsor of IPL had the contract till 2017, but the FMCG giant had to step down in 2015 owing to the spot-fixing allegations swirling around. In 2015, an infamous match-fixing scandal in the IPL came, which led to the suspension of two eminent teams from the IPL— the Chennai Super Kings and the Rajasthan Royals were suspended for two years by the Lodha Committee. After this, Pepsi terminated the contract of 5 years in just three years only. This implies that the multinational beverage company just paid INR 238.2 crores to BCCI for the three years it served as the title sponsor of IPL in 2013, 2014, and 2015.


    7 legitimate ways to earn money from IPL in 2024
    The new season of IPL is just around the corner. If you are someone who wants to earn, then here are the tips on how to earn money in IPL!


    Vivo: 2016-17

    Sponsor Vivo
    Tenure 2016 to 2017
    Fees INR 100 Crores per annum
    IPL Title Sponsor List - Vivo
    IPL Title Sponsors List – Vivo

    When Pepsi walked out of the contract two years before its termination, the BCCI was in a spot of bother to fill the void. However, that void was seen as a golden opportunity by the Chinese mobile company VIVO, which jumped in and grabbed the opportunity to sponsor IPL. Vivo bought rights for the remaining two years of the previous contract from Pepsi by paying INR 100 crores till 2017. The mobile company heavily benefitted from this deal as their sales skyrocketed in the Indian market.

    Vivo: 2018-19

    Sponsor Vivo
    Tenure 2018 to 2019
    Fees INR 439.8 Crores per annum
    IPL Title Sponsors List - Vivo
    IPL Title Sponsors List – Vivo

    Following the resounding success of their previous two-year deal, VIVO renewed and gained the title rights for five years. The Chinese mobile company upped the bar to seal the agreement by paying a whopping INR 2,199 crore and outbid their business rivals, Oppo. This meant the company paid a massive amount of INR 439.8 crores annually. However, Vivo could not complete its five-year contract with BCCI because of escalating Indo-China border tensions. In 2020, the Sino-Indian diplomatic relations got sour, and Vivo pulled out as an IPL sponsor before the Indo-China Galwan Valley face-off. The growing anti-Chinese sentiments forced Vivo to back off and call a premature end to the contract in 2020.


    Most Expensive Player in IPL History Across Seasons
    Discover the cricket sensation who shattered records as the Most Expensive Player in IPL History Across Seasons.


    Dream11: 2020

    Sponsor Dream 11
    Tenure 2020
    Fees INR 222 Crores per annum

    After Vivo prematurely sacked the agreement following a public backlash, the fantasy sports platform Dream11 in 2020 took its place. After the Chinese mobile manufacturing company, Vivo dropped the contract due to the Indo-China tension, Dream11 came on board and made a deal for INR 222 Crore. The fantasy sports platform had a face-off against one of India’s heavyweights— the Tata Group and Edtech startups such as Byju’s and Unacademy— and bagged the bid, causing BCCI to receive INR 217.80 crores less from the previous contract with Vivo. With a clever marketing strategy and catchy advertisements featuring renowned cricketers, the deal with BCCI accelerated the fantasy game platform Dream11, to become one of the world’s top fantasy platforms.

    Dream11 IPL 2020: Ek Saath Waali Baat

    Vivo: 2021

    Sponsor Vivo
    Tenure 2021
    Fees INR 439.8 Crores per annum

    With the hope of diluting Sino-Indian tension in the minds of Indians, the Chinese mobile company VIVO once again returned as the Title Sponsor for the 2021 IPL, paying the same amount as it paid before Dream 11. As this deal was signed, IPL sponsorship cost BCCI a whopping INR 439.8 crores for title sponsorship, but the Chinese manufacturing company again had to pull out after this year as the Indo-China border clash continued to haunt the company. With this, Vivo somehow served five years as the title sponsor of the Indian Premier League. That said, Vivo will also have to pay a 6 percent assignment fee for two years, which comes to INR 29 crore in 2022 and INR 31 crore in 2023, making Vivo pay INR 454 crore— a little over the annual sponsorship money initially committed by the company. The Chinese phone manufacturer wanted to commit to its agreement. Nonetheless, the military face-off between India and China in 2020 caused a large-scale ban on Chinese products in the South Asian peninsula and caused Vivo to step back.


    IPL: A Cricket Saga With Controversies Attached to It
    Explore the controversial saga of the IPL. Delve into match-fixing, ownership disputes, and player controversies that ignite debate among fans.


    Tata Group: 2022-23

    Sponsor Tata Group
    Tenure 2022 to 2023
    Fees INR 335 crores per annum
    IPL Title Sponsor List - Tata
    IPL Title Sponsors List – Tata

    One of India’s largest businesses and most reputed Industrial conglomerates, TATA Group, replaced VIVO for 2022 and 2023 as the IPL title sponsor by paying around INR 670 crore.

    With an annual fee of INR 335 crores from TATA and INR 454 crores from Vivo, BCCI had a win-win situation as it is to earn a whopping INR 1124 crore for seasons 2022 and 2023. Of INR 335 crore per year, INR 301 crore is the Rights Fee, and an additional INR 34 crore is the cumulative fee (for an increase of 14 games). As one of the largest and most reliable industrial groups, TATA looks forward to promoting the sport across political borders.

    Tata Group: 2024-28

    Sponsor Tata Group
    Tenure 2023 to 2028
    Fees INR 500 crores per annum

    The Tata Group has secured the title sponsorship rights for the Indian Premier League (IPL) from 2024 to 2028, with a record-breaking financial commitment of INR 2500 crore. This is the highest-ever sponsorship amount in the history of the league, which reflects the immense value and appeal that the IPL holds in the world of sports. The Tata Group is a symbol of excellence in India, with a diverse range of verticals, and has previously held the title sponsorship rights for the IPL in 2022 and 2023. Additionally, the group is also the title sponsor of the Women’s Premier League, the biggest women’s T20 league in the world.

    The collaboration between the BCCI and the Tata Group embodies the spirit of growth, innovation, and mutual dedication to excellence. The unprecedented financial commitment by the Tata Group underscores the immense scale and global impact of the IPL on the international sports stage.

    For the 2025 IPL season, besides the title sponsor, there are other key partners:

    • Associate Partners: My11Circle, Angel One, and RuPay
    • Broadcast Partner: Star Sports
    • Digital Streaming Partner: Jio Cinema
    • Strategic Timeout Partner: CEAT
    • Official Umpire Partner: Wonder Cement

    Top 12 Players Who Have Earned the Most Through IPL
    IPL is one of the most valuable sports leagues in the world. Here’s the list of players who have earned the most in the IPL.


    FAQs

    Who have the IPL title sponsors been over the years?

    The IPL title sponsors over the years are DLF, Pepsi, Vivo, Dream 11, and Tata Group.

    Why did Pepsi have to step down as the title sponsor of IPL in 2015?

    In 2015, an infamous match-fixing scandal in the IPL came, which led to the suspension of two eminent teams from the IPL— the Chennai Super Kings and the Rajasthan Royals were suspended for two years. After this, Pepsi terminated the contract of 5 years in just three years only.

    How much does it cost to sponsor an IPL team?

    Sponsoring an IPL team can vary in cost. Tata Group secured the title sponsorship for IPL 2024-2028 for a record-breaking amount of INR 2500 crore. Team sponsorships are expected to increase by 10% in 2023, with each franchise earning between Rs 50-100 crore depending on the team.

    Which was the first company to sponsor IPL?

    DLF was the first company to be the title sponsor of IPL at INR 40 crores annually.

    Which year was DLF title sponsor of IPL?

    DLF was the title sponsor of IPL from 2008-2012.

    Who was the IPL 2008 sponsor?

    DLF was the IPL title 2008 sponsor.

    What is the IPL title sponsors list from 2008 to 2023?

    IPL title sponsors from 2008-2012 was DLF, Pepsi from 2013-2015, Vivo from 2016-2019, Dream 11 for 2020, Vivo again for 2021, and Tata from 2022 to 2028.

    What is the Vivo IPL sponsorship amount?

    Vivo was the title sponsor of IPL from 2016-2019 for INR 100 crore from 2016-2017, INR 440 crore from 2018-2019, and then INR 440 crore for 2021.

    What is IPL sponsors 2025 price?

    IPL title sponsor from 2024-2028 is Tata with INR 500 crore for every year.

  • Harsh Jain: The Visionary Behind Dream11’s Rise to Success

    Harsh Jain is the Chief Executive Officer (CEO) and Co-founder of India’s biggest Fantasy Sports platform, Dream11. Harsh co-founded Dream11 with Bhavit Sheth in 2008, which has 60 million plus users today. Dream11 became the first Indian gaming company to enter the Unicorn Club in April 2019. Under his leadership, the company became a leading name in fantasy sports in India.

    Let’s look at the biography of Harsh Jain, the Founder and CEO of Dream11. We will discuss his early life, personal life, education, investments, and more.

    Harsh Jain Biography

    Name Harsh Jain
    Born 1986
    Birthplace Mumbai, Maharashtra
    Nationality Indian
    Education University of Pennsylvania; Columbia Business School
    Profession Entrepreneur
    Position CEO & Co-founder, Dream11
    Marital Status Married
    Spouse Rachana Shah

    Harsh Jain – Personal Life
    Harsh Jain – Education
    Harsh Jain – Professional Life
    Harsh Jain – Co-founder of Red Digital
    Harsh Jain – CEO of Dream11
    Harsh Jain – Awards and Achievements

    Harsh Jain – Personal Life

    Harsh was born in Mumbai, Maharashtra, India. He has an immense passion for gaming, sports, and technology. He is an ardent Fantasy Cricket and Soccer player.

    Harsh Jain married Rachana Shah, a dentist, in 2013. They have a son named Krish. In 2021, Harsh and Rachana became very famous after they bought a luxury apartment worth Rs. 72 crore. The apartment is spread across two floors, the 29th and 30th, in one of the most expensive areas in India. It is located near Mukesh Ambani’s Antilia, which is worth Rs. 15,000 crore. This news was widely covered in the media.

    Harsh Jain – Education

    Harsh has completed his primary education at Greenlaws High School. He studied IB from Sevenoaks High School for three years (2001-2003). He went to the University of Pennsylvania for five years (2003-2007) in Philadelphia to study Bachelor of Science in Engineering, Electric Engineering, Mathematics, and Economics.

    He was a sports freak and took part in the Upenn Cricket Club and Intramural Football (Soccer) while studying at the university. In 2012, he pursued a Master of Business Administration (MBA) from Columbia Business School in New York.


    Dream11 Company | Founders | Business Model | Success Story
    Dream11 is the first Indian gaming company to enter unicorn clubs. Know about Dream11 history, founder, Funding, growth, revenue model and more.


    Harsh Jain – Professional Life

    He has worked as a Summer intern for Microsoft. As a part of this role, he worked on the feasibility and commercial benefits for Microsoft to enter the Push-To-Talk (PTT) marketplace. He cordially worked there for three months i.e., from June 2006 to August 2006.

    He worked as the Manager of Marketing at Jai Corp Limited for one year i.e., from June 2007 to June 2008. He was employed at the Navi Mumbai Special Economic Zone division as a liaison for investors.

    He co-founded a Social Media agency focusing on building strategy for digital marketing, Red Digital in 2010. However, the company was acquired in 2013.

    He then served as the President of the Federation of Indian Fantasy Sports since 2017. He is currently positioned as the CEO and Co-founder at Dream11, which was founded in June 2008.

    Harsh Jain – Co-founder of Red Digital

    Harsh was the co-founder of Red Digital, which was acquired within three years of the company’s establishment. Red Digital is a specialized Social Media firm that focuses on social media management, digital marketing, app development, and online reputation management.

    Red Digital was launched in July 2010. Within two years, the company signed up marquee brands in India and Internationally, such as Dell, PepsiCo, Mumbai Indians, BMW, Parker Pens, Adidas, PVR, Godrej, Berger Paints, Reliance Foundation, Educomp, Citibank, ICC, and the Discovery Channel.

    The company thus expanded nationally with offices in Mumbai, Delhi, Bangalore, Chennai, and Kolkata. Red Digital was later acquired by Gozoop in 2013.


    Dream11 Business and Revenue Model | How Dream11 Makes Money?
    Discover how Dream11’s business and revenue model works. Learn how the fantasy sports platform generates income through various revenue streams.


    Harsh Jain – CEO of Dream11

    Dream11 Logo

    Dream11 is India’s biggest Fantasy Sports platform with 220 million users playing Fantasy Cricket, Football, Kabaddi, Hockey, Basketball, Volleyball, Handball & Baseball. The company has cordially partnered with national and international sports leagues & bodies with reputed Indian and International cricketers as well.

    The convenient mobile app of Dream11 allows its users to virtually make their own team of real-life players from the forthcoming matches, score points based on their on-field live performance, and compete with other virtual players. Thus, sports enthusiasts and fans actively engage and display their knowledge of sports.

    Harsh, with his friend Bhavit Sheth, launched the freemium Fantasy game in India for cricket fans. Dream11 ranked 9th in India’s Great Mid-Size Workplace-2018. It has been also declared as one of the top 10 startup innovative companies in India by Fast Company in 2019.

    Indian Cricketer, Mahendra Singh Dhoni is the brand ambassador of Dream11 and launched the “Dimag Se Dhoni” media campaign during the 2018 Indian Premier League. Kartik Aaryan and Samantha Prabhu joined the company as brand endorsers in 2022.

    The company first decided and brought in commentator Harsha Bhogle in 2017 as its brand ambassador. In the 2019 IPL, the company signed seven cricketers and partnered with the IPL franchise as part of its marketing.

    Dream11 has become very popular in India. It had 100 million users in 2020, 140 million in 2021, and over 200 million users by 2024. This is amazing growth from just 2 million users in 2016. In April 2019, Dream11 became the first Indian gaming startup to join the Unicorn Club. It has reached many big milestones, including sponsoring the 2020 Indian Premier League. Right now, it is also the main sponsor of the Indian cricket team.

    Dream11 won the sponsorship of the 2020 IPL for INR 2.22 billion after which Vivo withdrew in the year 2020. The BCCI officially declared Dream11 as the official partner of the IPL in March 2019. Along with that, Dream11 also conducted the Official Fantasy Game of the IPL.

    In 2018, Dream11 declared its partnership with the ICC, Pro Kabaddi League, International Hockey Federation, WBBL, and BBL. In 2017, it also partnered with three leagues namely, the Hero Caribbean Premier League, the Hero Indian Super League, and the National Basketball Association (NBA).

    Dream11 is the flagship brand of Dream Sports, which also has brands like FanCode, a multi-sport aggregator platform, Dream X, a sports accelerator, and DreamSetGo, a sports experiences platform. These brands were founded in 2008 by Harsh Jain and Bhavit Sheth.

    Dream Sports Investors

    • Tiger Global Management
    • D1 Capital Partners
    • Footpath Ventures
    • Chrys Capital
    • TCV
    • TPG Growth
    • Steadview Capital

    Top 10 Gaming Startups in India in 2023
    Gaming is one of the fastest-growing industries in India. Explore now the top 10 gaming startups in India to know about Indian gaming industry.


    Harsh Jain – Awards and Achievements

    Harsh Jain has received the following awards:

    • Young Entrepreneur Award by the All India Management Association (AIMA) – April 2022.
    • Fortune India 40 under 40 – June 2021.
    • Indian Express Newsmaker of the Year – December 2019.
    • The Economic Times 40 under Forty – 2019.
    • Red Herring Global 100 Award – January 2013.

    Conclusion

    Harsh Jain, a fan of Manchester United Football Club, Mumbai Indians, and the Indian Cricket Team brought together his love for sports, gaming, and technology. Harsh founded online fantasy sports in India, Dream11, and is completely focused on making sports better for sports fans all over the world. He is planning to make Dream11 go public in the near future after building a large user base for the sports technology company.

    FAQs

    Who is Dream11 owner?

    Harsh Jain and Bhavit Sheth are the co-founders, and CEO & COO respectively of Dream11 parent Dream Sports.

    What is Harsh Jain education?

    Harsh Jain studied IB from Sevenoaks High School for three years (2001-2003). He went to the University of Pennsylvania for five years (2003-2007) in Philadelphia to study Bachelor of Science in Engineering, Electric Engineering, Mathematics, and Economics.

    What is Harsh Jain date of birth?

    Harsh Jain was born in 1986. He is 34 years old.

    What is Dream11 net worth?

    Dream11 is valued at INR 65,000 crore as of 2024.

    What is Dream11 owner, Harsh Jain net worth?

    Harsh Jain’s net worth is $8 million approximately.

    Does Dream11 give real money?

    Dream11 gives you real money by playing fantasy games online. The site offers free and paid contests. You need to pay a certain fee to join a contest that lets you win real cash.

    What is the minimum amount to withdraw from Dream11?

    You can withdraw a minimum of INR 100 and a maximum of INR 2,00,000 in one go. IMPS withdrawals can take up to 3 workings days to get credited.

  • Top Companies Showcasing Creativity in T20 World Cup 2024 Commercial Ads

    Cricket is now much more than a game played with a ball and bat. A lot of major corporations have been interested in being involved with this sport because of how powerful it has become as a commercial entity. Many corporations have showcased their creative side in their commercial efforts throughout this T20 World Cup as well. These companies are aiming to do double duty by increasing their profits and reaching a wider audience with these creative and interesting advertising efforts.

    Some of the interesting ad campaigns that have gained popularity in T20 World Cup 2024 are listed below:

    Dream 11’s Yeh Sabka Dream Hai
    Britannia’s Hilarious Jab at Oreo
    Star Sports’ Deep-Rooted Love for Cricket

    Dream 11’s Yeh Sabka Dream Hai

    Dream11: #MummyKaMagic, Team India ke saath kyunki #YehSabkaDreamHai

    Dream11, a platform for fantasy sports, has debuted a new campaign for the Twenty20 World Cup called “Yeh Sabka Dream Hai”. DDB Mudra was responsible for both the concept and production of the campaign. With this campaign, the entire nation stands in solidarity with Team India, sharing their dreams of a successful ICC Men’s T20 World Cup in 2024.

    ‘Mothers of India’ are spearheading the effort to rally support for the team, which is putting the call to action in a fresh perspective. The campaign highlights the fact that cricket is a deeply held passion in India, with supporters spanning all demographics – men, women, children, moms, and the young and elderly alike.

    In Dream11’s most recent advertising campaign, the figure portrayed by Ayesha Raza, “Mummyji,” champions the dream of winning the T20 World Cup. Using the Indian Cricket Team as an example, the films show how a mother’s special kind of touch can help her children succeed.

    The campaign was unveiled on May 30, 2024, and it features Ayesha Raza alongside cricketers from Team India like Rohit Sharma, Hardik Pandya, Jasprit Bumrah, Ravindra Jadeja, Rinku Singh, Tilak Varma, Yashaswi Jaiswal, and Washington Sundar.


    Dream11 Company | Founders | Business Model | Success Story
    Dream11 is the first Indian gaming company to enter unicorn clubs. Know about Dream11 history, founder, Funding, growth, revenue model and more.


    Britannia’s Hilarious Jab at Oreo

    New Britannia Jim Jam Pops – First Open Creme Biscuit – No Twist. Just Lick. Pop.

    In their most recent advertisement, Britannia pokes fun at Oreo with the help of actors Varun Sharma and Kunaal Roy Kapur. 

    The Oreo cream biscuit from Mondelez is the target of the ad’s playful jab. The actor rails about Oreo’s use of “twists” in their advertising, citing the company’s World Cup advertisements as an example.

    Recalling about Oreo’s previous campaigns, Sharma and Kapur find it humorous. They bring up the ICC Men’s T20 World Cup 2022, which was all about reintroducing the biscuit to the Indian market, much like it was when it was first introduced in 2011. Also, the characters make fun of Oreo’s other ad campaign for the ICC Men’s Cricket World Cup 2023, which takes a different approach and tells fans to calm down before their side brings home the title. The ad spoof from Britannia is most effective when it asks Oreo not to run commercials during the forthcoming Men’s Twenty20 World Cup. Joining the 1.4 billion Indians in their intense desire for a successful tournament, the performers playfully reference India’s past World Cup defeats and beg Oreo not to introduce any “twists” to this year’s event.


    Britannia Industries History | Founder | Business Model
    Britannia is a trusted food brand. Read the success story of Britannia company. Know about its business model, history, owner & company profile.


    Star Sports’ Deep-Rooted Love for Cricket

    Star Sports, the official tournament broadcaster, has dropped a promotional video that captures the passion that millions of Indians have for cricket and the World Cup.

    People of different ages, from kids to adults, are shown in the film passionately practicing cricket, which perfectly reflects the spirit of dedication.

    The footage shows that the countrymen are improving their skills in preparation for the ICC Twenty20 World Cup, whether by hitting an imaginary ball, running through bowling run-ups, or doing fielding drills. If you’re a cricket fan in India, Star Sports wants you to come out and support Team India. India is in Group A with the United States, Ireland, Canada, and Pakistan.

    FAQs

    How many total teams are participating in the ICC T20 World Cup 2024?

    20 teams are participating in the ICC T20 World Cup 2024 which are divided into 4 groups.

    What is the format of T20 WC 2024?

    In the first round, 20 teams will compete, divided into four groups of five teams each. The top two teams from each group will advance to the Super 8 round, where the eight qualifying teams will be split into two groups of four teams each.

    How to watch the ICC T20 World Cup 2024?

    The T20 World Cup 2024 match will be streamed live on Disney plus Hotstar app and Star Sports Network.

  • Top 10 Gaming Startups in India | Best Indian Gaming Companies in 2023

    The digital revolution has fueled the gaming industry of India tremendously, transforming the nation into a bustling hub for game development and innovation. It was further pushed by the startup culture in which the Indian business world itself thrived. By 2019, the number of people who play online games in India crossed 300 million and it is increasing over the years.

    It is expected that by 2025 global gaming market is expected to exceed $256.97 billion. As the internet became cheaper and widely accessible, the number of online gamers increased. A large number of gamers from tier 1 and tier 2 cities were added to it.

    Driven by the exponential growth of internet users, increased smartphone penetration, and the rise of esports, the gaming landscape in India has evolved into an enchanting realm of opportunities for both players and entrepreneurs.

    As the industry continues to gain momentum, a new generation of visionary startups has emerged, reshaping the gaming landscape and captivating the hearts of millions of gamers across the nation. From mobile gaming sensations to cutting-edge virtual reality experiences, these gaming startups have demonstrated their mettle in the highly competitive arena, setting new benchmarks for creativity, technology, and user engagement.

    In this blog, we’ll delve into the captivating narratives of trailblazers who dared to dream big and turned their passion for gaming into thriving ventures. So buckle up, and let’s dive into the exhilarating world of the top gaming startups in India!

    Top Gaming Startups in India

    1. Dream11
    2. Nazara Technologies
    3. Paytm First Games
    4. Games2Win
    5. Moonfrog Labs
    6. 99 Games
    7. Octro
    8. JetSynthesys
    9. Hashcube
    10. Mech Mocha

    Revenue Earnings by Indian Gaming Companies

    Dream11

    Website www.dream11.com
    Headquarters Mumbai, Maharashtra
    Founders Harsh Jain, Bhavit Sheth
    Founded 2008

    Dream 11 - Top gaming startups in India
    Dream 11 – Top gaming startups in India

    Established in 2008, Dream11 stands as one of top gaming startups in India, revolutionizing the gaming landscape by introducing sports enthusiasts to a thrilling world of fantasy sports. Catering to a wide array of sports, including cricket, kabaddi, football, basketball, and hockey, the platform has garnered immense popularity among fans looking to immerse themselves in their favorite games.

    Dream11 achieved an extraordinary milestone in 2019 by becoming the first gaming startup to attain unicorn status. In a monumental move, Dream11 secured the coveted title sponsorship for the prestigious Indian Premier League (IPL) 2020 in August 2020. Since its inception, this gaming giant has set unprecedented milestones, establishing itself as the pinnacle of success and influence in India’s gaming landscape.


    List of 105 Unicorn Startups in India | Top Unicorns in India
    India has already seen 105 unicorn startups. Here’s an exhaustive list of all Indian Unicorn Startup Companies including those that joined the unicorn club in 2022.


    Nazara Technologies

    Website www.nazara.com
    Headquarters Mumbai, Maharashtra
    Founders Nitish Mittersain
    Founded 1999

    Nazara Technologies - Indian gaming company
    Nazara Technologies – Indian gaming company

    Founded in 2000, Nazara Technologies has emerged as a leading force in India’s gaming industry, making significant strides in transforming the gaming landscape across the nation. With an unwavering commitment to innovation and a deep understanding of the Indian gaming market, Nazara has captivated the hearts of millions, redefining how players experience and engage with digital entertainment.

    It is boasting diverse segments such as subscription, freemium, e-sports, and skill-based gaming. With a global reach spanning over 64 countries, the company has been on a steady trajectory of growth, continuously expanding its influence and services worldwide. Over the years, the company has successfully acquired several prominent entities like NODWIN Gaming and Sportskeeda, solidifying its position as a key player in the gaming ecosystem and broadening its offerings to cater to a vast array of gaming enthusiasts. Today, Nazara Technologies stands tall with an impressive user base of over 100 million, a testament to the immersive and engaging gaming experiences it delivers to players worldwide.


    How to Build Career in Gaming? | Tips for Career in Gaming
    Gaming industry is booming and it has evolved as a great career options. Know all aspects of building career in Gaming with salary and earnings.


    Paytm First Games

    Website www.firstgames.in
    Headquarters Noida, Uttar Pradesh
    Founders Vijay Shekhar Sharma
    Founded 2018

    Paytm First Games - Top gaming company in India
    Paytm First Games – Top gaming startups in India

    Paytm First Games, a dynamic venture by Paytm, one of India’s leading digital payment platforms, has taken the nation by storm with its captivating and rewarding gaming experience. Launched as a part of Paytm’s ecosystem, this innovative platform brings together entertainment and gaming, offering players an opportunity to indulge in a diverse array of games while earning exciting rewards.

    Since its inception, Paytm First Games has emerged as a prominent player in India’s gaming industry, catering to an extensive user base with a wide variety of gaming options. From casual games to esports tournaments, the platform offers something for every gaming enthusiast, making it an all-encompassing destination for players of all ages and interests.

    It caters to a wide variety of games and has over 45 million players on board. From their launch in 2018, today they have reached their zenith as e-gaming witnesses its boom in the industry.


    Best Mobile Wallets in India | Online Payment Wallet Apps
    Read to know all about working of Mobile wallets in India. Here are listed Top 13 mobile wallets in India. They are the best payment wallet apps.


    Games2Win

    Website www.games2winmedia.com
    Headquarters Mumbai, Maharashtra
    Founders Alok Kejriwal and Mahesh Khambadkone
    Founded 2005

    Games2Win - Top gaming platform in India
    Games2Win – Top gaming startups in India

    Since its inception, Games2Win has remained at the forefront of India’s gaming revolution, captivating players worldwide with its innovative and engaging offerings. Established in 2005 by Alok Kejriwal and Mahesh Khambadkone, this dynamic gaming company has become synonymous with top-notch gaming experiences, entertaining millions across the globe. From casual and arcade-style games to simulation and sports titles, the platform caters to a broad spectrum of gaming enthusiasts, ensuring there’s something for everyone.

    They offer ads and social networks for games apart from being a traditional gaming platform. They have over 15 million users every month. Their games are available across Google, Apple, Microsoft and Amazon.


    Growth Of Indian Gaming Industry During Pandemic
    The Indian Online Gaming Industry is growing exponentially fast and is expected to be worth $1.1 billion by 2021, this is because of the Covid 19 pandemic.


    Moonfrog Labs

    Website www.moonfroglabs.com
    Headquarters Bangalore, Karnataka
    Founders Tanay Tayal, Kumar Puspesh, and Ankit Jain
    Founded 2013

    Moonfrog Labs - online gaming startups in India
    Moonfrog Labs – Top gaming startups in India

    Moonfrog Labs, an online gaming startup, came into being through the collective efforts of a close-knit group of friends who were once colleagues back in 2013. Their passion and perseverance fueled the creation of a card-based game called “Teen Patti Gold,” which garnered instant acclaim, amassing an impressive 20 million downloads right from its inception.

    Building upon this early success, Moonfrog Labs continued to push the boundaries of gaming innovation. Introducing a game centered around the beloved Bollywood actress Alia Bhatt, they marked India’s first-ever narrative adventure gaming experience.

    They further expanded their creative repertoire, introducing India’s first war strategy game, inspired by the blockbuster movie “Baahubali.” This strategic masterpiece took players on a thrilling journey through epic battles and commanding armies, allowing them to relive the grandeur of the beloved film. With each new venture, Moonfrog Labs solidified its reputation as an innovative and trendsetting force within the gaming industry.


    Top 25 Brands Endorsed By Alia Bhatt – A Comprehensive List
    Explore the impressive list of top brands endorsed by Alia Bhatt. Also, discover the diverse range of industries and products she has endorsed.


    99 Games

    Website www.99games.in
    Headquarters Udupi, Karnataka
    Founders Rohith Bhat
    Founded 2006

    99 Games - Top gaming startups in India
    99 Games – Top gaming startups in India

    99 Games is a Udupi-based game company that was launched in 2008 by Rohit Bhat. Their first game Wordsworth became a hit with more than 1 million downloads among Apple users. From developing casual games for iOS, today they have expanded to Windows and Android.

    In 2013, they came across a great opportunity to develop a game based on a Bollywood movie – Dhoom 3.  The success it garnered opened numerous opportunities for 99Games. They subsequently developed 20 more such games. Two of them were based on movies like Fan and Sultan.

    Octro

    Website www.octro.com
    Headquarters New Delhi
    Founders Saurabh Agarwal
    Founded 2006

    Octro - gaming startups in India
    Octro – Top gaming startups in India

    Octro has emerged as a trailblazing force in India’s gaming industry, captivating players with its innovative and immersive gaming experiences. The mastermind behind the famous games Indian Rummy and Tambola House was launched in the year 2006. They introduced the concept of productivity along with gaming in India. Their games are available in various forms and are tailor-made to fit both mobile phones and tablets. Hailing from Delhi, this gaming company’s innovative approach caught the attention of industry giants, and in 2014, they secured an impressive $15 million in funding from Sequoia Capital.


    Top 17 Online Fantasy Gaming Companies in India | Fantasy Games
    Fantasy gaming industry is experiencing a boom in startup culture. Look at the world of Online Fantasy games in India. Top Online Fantasy Games – Dream11, MPL, etc.,


    JetSynthesys

    Website www.jetsynthesys.com
    Headquarters Pune, Maharashtra
    Founders Rajan Navani
    Founded 2014

    JetSynthesys - Top game development company in India
    JetSynthesys – Top gaming startups in India

    Established in 2014 by Rajan Navani, JetSynthesys is a prominent game development company, operating under the umbrella of the esteemed Jet Line Group. With a diversified presence in fields like fintech and digital media, the Jet Line Group has earned a reputable brand status across various industries.

    JetSynthesys is hailed as a pioneer in the realm of celebrity-based gaming experiences, where they have left an indelible mark. Among their remarkable portfolio, standouts include games like “Sachin Saga Cricket Champions,” “Being Salman,” and “Bajrangi Bhaijaan.” These celebrity-inspired titles have successfully captivated players, offering an immersive and unique gaming journey.

    The company has ventured into newer avenues of gaming, including the realm of virtual reality (VR) games. Demonstrating their pioneering spirit, they have already unveiled the VR version of their acclaimed “Sachin Saga Cricket Champions” game, further enriching the gaming experience for players.


    Top 50 Leading Fintech Startups in India 2022
    The fintech industry has transformed after the entry of fintech startups like Paytm and Cred. Here’s a look at top fintech companies in India.


    Hashcube

    Website www.hashcube.com
    Headquarters Bangalore, Karnataka
    Founders Ramprasad Rajendran and Deepan Chakravarthy
    Founded 2008

    Hashcube - Top gaming company in India
    Hashcube – Top gaming startups in India

    From being a simple website that lets users play sudoku online, Hashcube has developed into one of the top gaming startups in India. Co-founded by Deepan Chakravarthy and Ramprasad Rajendra in 2008, the company’s journey has been nothing short of remarkable.

    Today, Hashcube boasts an impressive range of games, accessible through the iOS App Store, Google Play Store, or Facebook, catering to a diverse audience. Among their standout creations are engaging titles such as “Sudoku Quest,” “Gummy Pop,” and “DotGame.” However, it is their “Sudoku Quest” that has garnered widespread acclaim, resonating with over 2 million players, making it one of the most popular game sensations to emerge from India.


    Top 6 Best Money Earning Mobile Apps that Actually Work
    Money earning mobile apps are fast and easy ways to make money. Here we have rounded up some of the best earning apps that actually work.


    Mech Mocha

    Website www.mechmocha.com
    Headquarters Bangalore, Karnataka
    Founders Arpita Kapoor and Mohit Rangaraju
    Founded 2015

    Mech Mocha - Top gaming startups in India
    Mech Mocha – Top gaming startups in India

    Mech Mocha was founded by Arpita Kapoor and Mohit Rangaraju in 2015. Their aim was to make gaming accessible and comprehensible in tier 2 and tier 3 cities.

    They have a variety of games like Ludo, carrom, cricket and knife rain to their credit. They have created a vernacular gaming platform for their users. Their mobile app is called Hello Play. Their growth has been so commendable that they have attracted investors like Accel, Blume Ventures, Shuwei Capital etc. The Indian Gaming startup was acquired by Flipkart in 2020.

    Other Indian Gaming Startups

    Some other gaming startups in India are:

    • PlaySimple Games
    • Rolocule
    • Zapak
    • Deftouch
    • Gameberry Labs

    Conclusion

    As we conclude our exploration of the top gaming startups in India, one thing becomes abundantly clear – the gaming industry in the country is thriving, and its potential knows no bounds. These visionary startups have harnessed the power of technology, creativity, and passion to craft exceptional gaming experiences that have resonated with players worldwide. Embrace the gaming revolution, and let the joy and excitement of these top gaming startups take you on a thrilling journey like never before!

    FAQs

    How many gaming companies are there in India?

    According to Ambitionbox, there are over 333 gaming companies in India.

    Which are the top Gaming Startups in India?

    Top Gaming startups in India are:

    • Dream 11
    • Nazara Technologies
    • Paytm First Games
    • Games2Win
    • Moonfrog Labs
    • 99 Games
    • Octro
    • JetSynthesys
    • Hashcube
    • Mech Mocha

    How are gaming startups contributing to India’s gaming industry?

    Gaming startups in India are playing a crucial role in shaping the gaming landscape by introducing unique and culturally relevant gaming experiences. They are fueling innovation, creating employment opportunities, and establishing India as a significant player in the global gaming market.

    Which is the leading Game app development company in India?

    Hyperlink InfoSystem is a leading game app development company in India.

    Which gaming startup in India has achieved unicorn status?

    Dream11 is one of the gaming startups in India that achieved unicorn status in 2019.

    What are the best game developer company in the world?

    Some of the best game developer companies in the world are:

    • Nintendo
    • Ubisoft
    • Sony Interactive Entertainment
    • Activision Blizzard
    • Epic Games

    How do gaming startups monetize their games?

    Gaming startups typically employ various monetization models, including in-app purchases, advertisements, subscriptions, and virtual currency systems. These strategies enable them to generate revenue while offering players free or freemium gaming experiences.

    What is the future of the gaming industry in India?

    The future for gaming startups in India is promising, with continued growth driven by technology adoption, an expanding user base, and the rise of esports. These startups are poised to explore new genres, embrace emerging technologies, and make India a significant player in the global gaming industry.

  • Kapil Dev Backed Fantasy Sports Apne11: Everything You Need to know!

    The most important element of a business is the ideology sported by the entrepreneur. Now, as the Indian startup circuit is one of the most challenging and popular startup ecosystems, your ideas must have the kick to make it to the bigger stage.

    Also, apart from that, your company should be backed up by investors and venture capitals who have faith in you. This faith can act as the catalyst for your company to achieve the fame and name it deserves.

    Talking about uniqueness, Apne11 is a new entrant in the country’s fantasy gaming space and has been taking giant strides in the startup ecosystem. Let us find out what makes Kapil Dev backed fantasy sports Apne11, one of its kind!

    Apne11 – Quick Facts

    Startup Name Apne11
    Headquarter Delhi, India
    Industry Sports
    Founder Mr. Rahul Sethi
    Founded 2017
    Parent Organization Innovative Play International Pvt. Ltd.

    The Apne11 Story
    An Insight Into Apne11
    Taking Up Important Decisions in Apne11
    Apne11’s Story as an Inspiration

    The Apne11 Story

    Till 2018, Mr. Rahul Sethi was devoting all his time to set up a family-run casino business in the Indian state of Sikkim. While controlling his family’s business, he noticed that there was an exponential rise in the use of mobile game use. It was more of an addiction in the country and was ever-increasing as the technology sector has been taking giant strides. Soon after setting up the company, he shifted to New Delhi to launch his own mobile company, and hence, the rest is history!

    The work on a new company started by mid-2018 and he got together with a small team to set up a gaming app. The gameplay was designed and the team of Apne11 launched the first version of the apne11 app in June 2019.

    According to him, observing the growth of mobile-based multi-player games, he realized that he wanted to get into the circuit of mobile game entrepreneurship.

    Success Story of
    Apne11 Logo

    So, Apne11 is a multiplayer, mobile-based fantasy game that is based on real-life international cricket matches. Now, one might wonder why did he opt for cricket as the base sport, well in India, the game of cricket is no less than religion and people can do anything for the love of the game. The rise of cricket in the modern era can be credited to the popularity of the game in India. So, even though it remains a dream for many people to represent their country, Apne11 brings a platform where they can experience the thrill by playing the game via mobile.


    List of Sports Startups in India | Top Sports Startups
    Many entrepreneurs [https://startuptalky.com/tag/entrepreneurs/] are coming upwith new businesses [https://startuptalky.com/tag/business/] ranging fromretailing sports [https://startuptalky.com/tag/sports/…


    An Insight Into Apne11

    The culture of fantasy games has taken giant strides during recent days and the team of Apne11 has opted to target this area to take the maximum advantage of the popularity of fantasy-based games.

    As per Sethi, the era of playing fantasy games came into the country around four years ago and there are mainly two to three types of skilled games in the country that are gaining the attraction of the public.

    The users of Apne11 have to make their cricket team by choosing the sports persons of their pool of real-world crickets. The users of Apne11 can either opt for a practice match or can go for cash contests that require the user to enter with a specific sum of money and they get a chance to earn a mega cash prize.

    Users can earn real and mega cash prize in Apne11

    When a user pays an entry fee, he or she gets a fixed amount of credits to spend on purchasing members to set up his team. The credit score of each player depends upon his performance in the recent match. As these games are based on a real-life sporting event, the fantasy sports players can earn points depending on how their chosen player performs in the given match. Well, it seems interesting, isn’t it? It is very much clear that the concept adopted by the team of Apne11 is very much unique and may perform excellently in the upcoming years.


    Success Story of SportsApp – An all in one app for sports!
    Are you a sports lover? If you are, at least once you might have felt the needto have one platform that could do it all for the player inside of you. Tobridge this gap in the Indian Sports sector, Shashank Mishra founded SportsAppin the year 2018. SportsApp is an aggregated platform built with t…


    Taking Up Important Decisions in Apne11

    According to Sethi, fantasy games are not only luck-based games, it requires a complete idea of the game and what is going on in a particular sport. To be precise, apart from taking big manes into your team, you also need to have a clear knowledge about his or her form.

    To attract people towards the platform, the team of Apne11 has roped in former Indian captain Kapil Dev as its brand ambassador.

    As per the company, it has disbursed over INR 5 million in wins to winning players among its 50,000 registered users.

    The mobile-based games which require skills and allows winners to earn real money have gained a lot of popularity during recent years. Apart from Apne11, there are few more companies like Dream 11 who have been one of the most popular names in the circuit.

    Rahul Sethi with legend Kapil Dev

    Taking about entering this circuit, Sethi has cited that there are many real money fantasy gaming companies in India. But, the main reason he decided to launch a company in this market is that India is a huge country and competition is always on in every sphere of the startup circuit. With tough competition from deep-pocketed players, Sethi is looking forward to target users from tier two, three, and four cities where these companies have yet to leave a mark. Thus, the fantasy-based gaming circuit can be a good form of entertainment that helps people to earn actual money.

    Apart from cricket, the team aims to launch new games and the next sport the team aims at is football! Presently, the company is making small changes to ensure that more and more people can make money on the platform. The team of Apne11 had made some changes such that few contestants are competing against each other. Hence, there is a huge scope of earning money on Apne11 if the user has his or her basics cleared.

    Apne11’s Story as an Inspiration

    Now, if you wish to have a mark on the startup circuit, then your company has to be unique. Therefore, Apne11’s ideas and the concept have helped the team to rise amongst the ranks and now, many people are considering it as the next big thing in the startup circuit!

    FAQs

    What is Apne11?

    Apne11 is a multiplayer, mobile-based fantasy game that is based on real-life international cricket matches.

    Who is the founder of Apne11?

    Rahul Sethi

    Which is best fantasy app?

    Apne11 and Dream11


    MPL ( Mobile Premier League) Success Story – Founders, Revenue, Competitors, Funding
    As per a KPMG report[https://assets.kpmg/content/dam/kpmg/in/pdf/2019/08/india-media-entertainment-report-2019.pdf] published in 2019, over 300 million people in India play online games. Onlinereal-money gaming that entered India around a decade ago, is also gaining muchpopularity, the reason b…


  • How Increase In Fantasy Gaming Startups Are Changing The Gaming Industry

    In the year of 2020, online fantasy gaming has gained a strong foothold within the Indian entertainment Industry. Our country now has a projector user base of 628 million gamer’s which gives boost to the gaming ecosystem within the Indian economy. This ecosystem contains of a variety of gamers of all ages, game designers, developers, investors and marketers all working together to come up with the latest cutting edge games. All this has made India to be the top contender among the top gaming markets amongst the emerging global economies. At present there 400 gaming startups in India with whooping number of 500 million smartphone users.

    Statistics of Online Gaming in India
    Online Fantasy Sports Gaming
    Fantasy Gaming Startups During a Global Pandemic

    Statistics of Online Gaming in India

    • According to a report released by boutique investment bank Maple Capital Advisors the online gaming industry in India is growing at a rate of CAGR of 22%.
    • The reports also claim that the Industry is expected to grow 41% yearly due to the growth of digital infrastructure and rise in the quality of gaming content.
    • The gaming Industry is set to be valued at $3, 750 million by the end of 2024.
    • India’s online gaming industry has already attracted $350 million in investments from venture capital firms between the years 2014 to 2020.
    • The report highlights that the three key segments of online gaming are Real Money Games (RMG), Mobile centric or casual games and E- sports such as Counter strike, DOTA 2.
    • The E-sports federation of India reports that 264 million Indian gamers and the competition prize money is increasing annually.

    Untold Truth about Chinese Investments in IPL you must know
    IPL is the most loved cricket league in India. Brands pay a hefty amount to getthat title sponsor. Vivo was the title sponsor of IPL from 2016 to 2019 but dueto rising tension in the galwan valley Indian government banned 59 apps. Thisled to a huge uproar against BCCI for having Chinese smartphon…


    Online Fantasy Sports Gaming

    When it comes to online fantasy sports gaming it gained a lot of popularity in India as another genre of online gaming, where sports fans can create their own team out of the real life players from the upcoming matches with specific conditions and environments. The fantasy sports gaming in the Indian market is expected to reach over $5 billion in the Equity Investors. Cricket by far is the most popular as 85% of users engage in this sport, while the other sports that Indians venture into are football, basketball and kabbadi. Online game companies have risen up to 275 in 2019 which is a huge increase considering there were only 25 startup companies in 2010.

    facts on online sports gaming
    Facts on Online Sports Gaming

    Because of this new booming industry many job opportunities have opened up in a non-conventional sectors such as tech oriented careers and game development which king of new in India. From just a handful of companies until few years ago, there are an estimated 60 fantasy sports platforms in India at present. India also recently got its first Gaming Unicorn called Dream11 is known to be changing ways in the gaming Industry. Let us learn on how exactly the company is doing that.

    Dream11

    Dream11 is a Mumbai based fantasy game startup which was founded in 2012 by Harsh Jain and Bhavit Sheth is now backed by Tencent making its value $1.1 billion after its successful fundraiser from Steadview Capital. According to a report by the Indian federation of Sports gaming, Dream11 is currently occupies 90 percent of the domestic fantasy sports market. Dream11 has an overall user base of 51 million with about 15% of them being the paid players.

    The CEO of the company, Harsh Jain says that the times are changing in the fantasy gaming industry as the competition is increasing and so is the higher cash rewards at stake. The company became a trend because of cricket game which coincided with the India Premium League in 2008 and became its sports partner until 2022. Now the company offers an array of sports such as Football, Carom, Pool, Kabbadi, Basketball, Badminton and Hockey for the gamer’s to pick from. With the advent of 4G mobile services provided by Reliance Jio, fantasy gaming has become popular along with services in India.

    IFSG says that two out of three sports fans in India are aware of fantasy gaming today and an estimated 100 million more will join by downloading any of these platforms or their fantasy apps by 2020.The reason to the success of Dream11 is because it allows its users to create its own imaginary teams and earn cash based on selected players actual match performance. Every move made by the gamers gets them cash rewards, while the company also pockets 15 to 20 percent of the winnings. This Mumbai based startup is looking to double its user base to 100 million by 2020.

    The logos of Dream11 and Mobile Premium League (MPL)
    The logos of Dream11 and Mobile Premium League (MPL)

    Mobile Premium League (MPL)

    Mobile Premium League is a Bengaluru based startup and is the fastest growing fantasy sports platform which has also achieved #1 app in the casual section of the Google Play store India. MPL was founded in 2018 by Srinivas Kiran Garimella and Shubham Malhotra who are also the founders of Creo which was brought over by Hike in 2017. Mobile Premium League is funded by Sequoia making it the latest startup in India fantasy sports market.

    The company is growing at the speed of light as it now has 10 million users in 7 to 8 months. The app based platform allows fans to compete in skill based sports and win the real rewards. Indian team captain Virat Kohli is its brand ambassador with a deal reportedly at Rs 12 crore. It is rumored that Indonesia Go-jek is looking to invest $30 million in MPL.

    Fantasy Gaming Startups During a Global Pandemic

    Due to the nationwide lock down, people who are staying at home are turning to gaming platforms to kill their boredom. These platforms are provided by these startup gaming companies in order to attract hundreds and thousands of new visitors in online traffic. Many land-based casinos have switched to online platforms and discounts and bundle offers are being promoted online by gaming companies and online gaming stores to encourage people to play video games.

    According to Ranjana Adhikari the co-head of media, entertainment & gaming at Nishith Desai Associates, “We also saw a 24% increase in traffic for online gaming between February and March. India is a developing nation, but during lock down it has seen an acceleration of people moving to online in general and getting used to it. While wider regulation might still be a way off, the pandemic might have accelerated this process.’’

    In view of these new trends the importance for self-regulation within this Industry cannot be emphasized enough especially when it comes to responsible gaming which is still a new concept in India than compared to other countries like US. Further regulation would help with pushing gaming companies to talk about gaming responsibly via information on identifying gaming addiction and how to manage it, implementing self-checks, timeouts and even limits upon their accounts.


    List of Sports Startups in India | Top Sports Startups
    Many entrepreneurs [https://startuptalky.com/tag/entrepreneurs/] are coming upwith new businesses [https://startuptalky.com/tag/business/] ranging fromretailing sports [https://startuptalky.com/tag/sports/…


    FAQs

    What are fantasy games?

    A fantasy sport is a type of game, often played using the Internet, where participants assemble imaginary or virtual teams composed of proxies of real players of a professional sport.

    How much does it cost to start a gaming company?

    From initial incorporation ($500, excluding lawyer costs) to equipment ($3,120 per person, including $800 per PC) and salaries (roughly $3,250 per person), running a relatively small studio is a cash-drain, even before you throw in legal and accounting fees, advertising, and the cost of attending conferences.

    Is MPL safe?

    Yes

    What are the top gaming companies in India?

    • Hyperlink InfoSystem
    • Zensar Technologies
    • Infosys
    • TCS
    • Fgfactory
    • Orangesoft
    • Unanimous Studios

    Top 10 Online Fantasy Gaming Startups in India: Dream11, MPL,Cricplay
    Time and again, an app comes into play that floods up the market share. OnlineFantasy Sports Gaming has become more common in the last 2 decades andshockingly it has secured top gear in India. Because, by creating your ownimaginary team, if you could earn some real money, then, why not? One gami…


  • IPL 2020 Viewership: Record-breaking

    The franchise Indian Premiere League cricket competition, it is being held with inside the United Arab Emirates (UAE), began out on 19th September with the Chennai Super Kings defeating defending champions the Mumbai Indians.
    The IPL viewership worldwide numbers had been initially placed out via Board of Control for Cricket (BBCI) secretary Jay Shah, who cited figures from television monitoring employer Broadcast Audience Research Council. The purpose marketplace has become later confirmed via the IPL because the first-class with inside the competition’s history. The beginning healthy of the 2020 Indian Premier League (IPL) season observed a record ipl total viewership 100 million traffic in on television and digital platforms.

    The Disney-owned media corporation has sold on the rights ineffective territories in which the in shape is popular, which encompass Australia and the UK.
    In the UK, pay-TV broadcaster Sky Sports has a three-year cope with the competition, signed in February this year. The IPL final is due to the reality of being held on the 10th of November.
    269 million ipl average viewership and web page traffic was observed during IPL 2020 with inside the primary week . Moreover, The starting week of the 13th model of the Indian Premier League (IPL) being playing withinside the United Arab Emirates (UAE) turn out to be watched via way of technique of 269 million site visitors, 11 million extra according to in form as in evaluation to the like length of very last year’s model.

    How Indian Startups are Backing IPL this Season
    Cricket is like a Religion in India and is worshiped here. IPL is one of themost most successful franchise cricket league in the world, for which everycricket fan awaits. Even the people who are not a fan of this sport watch IPLbecause of the entertainment it provides. IPL is enjoyed by many Indi…

    Mumbai Indians VS Chennai Super Kings

    According to a BARC-Nielsen report titled ‘Television Viewership and Advertising Consumption of IPL-13 2020’, the entire week of the persevering with IPL model .The establishing week of IPL 2020 witnessed an increase in ipl viewership demographics with common impressions in accordance with shape compared to the 2019 version of the cash-wealthy league, notwithstanding protecting one in shape a great deal less and less channels displaying the league than in 2019. The match, with inside the primary week, registered 60.6 billion ipl viewership 2020 at some point of seven fits and 21 channels.

    IPL Title sponsorship fee per year
    IPL Title sponsorship fee per year

    As in accordance to the report, the match opener among protecting champions Mumbai Indians and Chennai Super Kings on September 19 attracted a viewership of fifty-two million impressions (that is 29 % better than in 2019) and become watched with the resource of using 158 million visitors (21 % better than in 2019).
    BCCI Secretary Jay Shah had on September 22 stated that the CSK-MI in shape performed on the Sheikh Zayed Stadium in Abu Dhabi become watched with the resource of using 20 crore human beings. As in accordance with BARC, a remarkable 20 crore human beings tuned in to appearance at the in shape. Highest ever establishing day ipl viewership for any carrying league in any country- shah also tweeted that no ipl ever has been as large as this

    Dream11 Success Story – India’s Best Fantasy Gaming App
    Fantasy sport is what most young sports lovers today are crazy about. Withfantasy sport, sports lovers need not just enjoy a game by being a spectator,but can also create an imaginary team (of real players) of his own choice andearn rewards when his imaginary team performs well. All thanks to the…

    Indian Premiere League 13

    According to the report, suits 2 to 7 garnered greater than 34 million impressions and have been watched with the resource of using over one hundred million visitors in shape on in shape (the best being the only among CSK and MI, which become watched with the resource of using 158 million visitors). It moreover said that one out of 3 television site visitors watched IPL 13 live with inside the setting up week, with a cumulative achievement of 60.6 billion ipl viewership. The advertising and marketing and its quantity additionally noticed a spike all through the whole week of IPL 13. As in accordance with the data, the overall advertising and marketing and its quantity for the whole was better than the 2019 establishing week.

    The increase in the ipl viewership numbers witnessed in advertising and marketing volumes throughout all of the suits, besides in shape No. 7, which noticed a decline  compared to the remaining year’s 7th IPL in shape.OTT structures all through the whole week of this season witnessed growth in person base over the preceding week, often pushed with the resource of using the large profits visible in Disney+Hotstar.
    Smartphone usage moreover witnessed a sharp increase to some degree withinside the hollow week of IPL 2020 .Massive income have been seen withinside the purpose marketplace base for Hotstar, Sports Apps, and Fantasy Sports, stated the report.

    Advertisement revenues in IPL
    Advertisement revenues in IPL

    COVID-19 impact on IPL 2020

    After months of prolonged lull due to the truth of the COVID-19 pandemic, sports activities sports channels fashion has been given some cheer with IPL fits with inside the UAE as each ipl viewership and advertisers grew, the Broadcast Audience Research Council (BARC) said on Thursday thus adding 269 million site visitors watched IPL 2020’s starting week and there was a growth in ipl viewership as closer to the 2019 model of the cricket fixtures to 60.6 billion viewing minutes.The TV company’s standard weekly viewing minutes had been given right here on September 25 for 1,037 billion minutes. over the 1,266 billion minutes in the pre-COVID-19 period but lower than the quarantine pinnacle of 1,266 billion ipl viewership.

    5 Indian Cricketers in the Startup World
    Startups are a hard cookie to bite in. But for these Indian cricket players, itis just another pitch to show their talent. With the kind of dedication,practice, passion, and talent they have achieved the best in both the fieldsnamely sports and business [/tag/business-2/]. Indian cricket team pla…

    It also can moreover additionally be stated that social distancing issues had precipitated no sporting fixtures being held at some degree withinside the lockdown, forcing broadcasters to air. The company has become eagerly looking beforehand to the IPL for the equal.
    The first IPL wholesome the various Mumbai Indians team and Chennai Super Kings on September 19 have become into watched by 158 million site visitors and garnered a growth in viewing minutes at 11.2 billion minutes and the equal have become sustained withinside the second wholesome as well, BARC said. The business enterprise said a third of the TV site visitors watched IPL live an 44% of the TV households watched the fits.

    Growth in woman site ipl viewrship has become into higher the guys by 30%.Advertising volumes extended 15 % at some degree withinside the number one week of the cutting-edge year’s.It said massive income have been seen in purpose marketplace base for Disney Hotstar, the app broadcasting the IPL viewership fits, and moreover delusion sports activities.