Dream11

Dream11: Revolutionizing Fantasy Sports in India. Dream11, an Indian fantasy sports platform, has taken the nation by storm with its innovative approach to online gaming.

Offering a wide range of sports, including cricket, hockey, football, kabaddi, and more, Dream11 has captured the attention of millions of sports enthusiasts across India.

This article delves into the history, legality, partnerships, financial aspects, and brand ambassadors associated with Dream11, providing a comprehensive overview of this groundbreaking platform.

History

Dream11 was co-founded in 2008 by Harsh Jain, the son of Indian businessman Anand Jain, and Bhavit Sheth. Their vision was to create a platform that would allow cricket fans to indulge in fantasy sports.

In 2012, they introduced freemium fantasy sports in India, which quickly gained popularity among sports enthusiasts.

The platform experienced exponential growth, with 1 million registered users in 2014, 2 million in 2016, and a staggering 45 million in 2018.

In April 2019, Dream11 achieved a significant milestone by becoming the first Indian fantasy sports company to attain unicorn status, reaching a valuation of $1 billion.

Steadview Capital, along with investors such as Kalaari Capital, Think Investments, Multiples Equity, and Tencent, played a crucial role in supporting Dream11’s growth.

Additionally, in April 2019, Dream11 launched FanCode, an ad-free multi-sport aggregator platform that provides content, commerce, and community engagement.

Legality

Dream11 faced a legal challenge in 2017 when a case was registered against the company in an Indian High Court. However, the court ruled that playing the Dream11 game involves skill, knowledge, and judgment, with the element of skill significantly influencing the game’s outcome.

The ruling provided the necessary legality for the company to operate across the country. It’s worth noting that a few Indian states, including Assam, Odisha, Telangana, and Andhra Pradesh, do not allow fantasy sports due to specific regulations. Despite being considered a “game of skill,” Dream11 operates in a regulatory gray area, according to some experts.

In October 2021, Dream11 suspended its operations in Karnataka after the state banned online gambling and wagering.

However, in February 2022, the Karnataka High Court overturned the ban on online gambling, allowing Dream11 to resume operations in the state.

Partnerships

Dream11 has established strategic partnerships with various leagues and sports organizations. In 2017, the company became the Official Fantasy Partner for the Caribbean Premier League, Indian Super League, and the National Basketball Association (NBA).

Subsequently, Dream11 partnered with the Indian Super League as their official Fantasy Football Partner. The collaboration between Dream11 and the NBA led to the launch of an official fantasy basketball game on the platform.

Expanding its reach, Dream11 announced partnerships with prominent entities such as the International Cricket Council (ICC), Pro Kabaddi League, International Hockey Federation (FIH), Women’s Big Bash League (WBBL), and Big Bash League (BBL). These partnerships allowed Dream11 to introduce new games, including kabaddi and hockey, on its platform.

In October 2019, Dream11 became the title sponsor for the Super Smash domestic Twenty20 competition in New Zealand. The partnership with New Zealand Cricket (NZC) was extended until 2026, solidifying Dream11’s presence in the country’s cricketing landscape.

Dream11 achieved a significant milestone on August 18, 2020, when it secured the title sponsorship rights for the 2020 Indian Premier League (IPL) for ₹222 crore (US$29.96 million). This opportunity arose after Vivo withdrew as the title sponsor for the season.

On June 30, 2023, Dream11 acquired the lead jersey sponsorship rights of the Indian National Cricket Team from July 2023 to March 2026 for ₹358 crore.

Financial Performance

Dream11’s financial performance has been impressive, showcasing substantial growth over the years. Here is a glimpse of the company’s revenue and profits/losses (in crores):

  • FY 2018: Revenue increased to 224.6; Profits decreased to -65.1
  • FY 2019: Revenue increased to 775.4; Profits decreased to -131.6
  • FY 2020: Revenue increased to 2,120; Profits increased to 181
  • FY 2021: Revenue increased to 2,706; Profits increased to 329

The consistent growth in revenue demonstrates Dream11’s strong position in the fantasy sports industry and its ability to attract a significant user base.

Brand Ambassadors

Dream11 has collaborated with prominent figures in the world of sports and entertainment as its brand ambassadors. The company first signed renowned commentator Harsha Bhogle as its brand ambassador during the 2017 IPL.

In 2018, cricketer Mahendra Singh Dhoni joined Dream11 as its brand ambassador and launched the “Dimaag se Dhoni” media campaign during the 2018 Indian Premier League.

Dream11 expanded its brand ambassador portfolio by signing seven cricketers and partnering with seven Indian Premier League franchises as part of its multi-channel marketing campaign in 2019.

The company further broadened its horizons in March 2022 by roping in actors Kartik Aaryan and Samantha Ruth Prabhu as brand ambassadors, marking the first time Dream11 ventured beyond the realm of sports for its endorsements.

In addition to these celebrities, Dream11 has prominent cricketers such as Rohit Sharma, Rishabh Pant, Shikhar Dhawan, Hardik Pandya, Shreyas Iyer, and Jasprit Bumrah as their cricket ambassadors.

Format

Dream11 offers a user-friendly and engaging fantasy gaming platform for multiple sports. Users can create virtual teams comprising real-life players and earn points based on the performance of these players in actual matches.

The platform covers a wide range of sports, including cricket, football, basketball, kabaddi, hockey, volleyball, handball, and baseball.

Dream11 provides both free and paid contests, allowing users to participate according to their preferences. Paid contests require a certain entry fee, and users have the opportunity to win real cash prizes.

To participate in a Dream11 game, users must be at least 18 years old and complete their profile verification using their PAN (Permanent Account Number).

INDvsWI Test Series

Indian Top 5 in Tests Cricket: Team India Ready For INDvsWI Test Series. Dream11 Is The New Sponosor. Virat Kohli’s & Rohit Sharma’s photo-shoot in Test jersey.

What is the format of IPL 2024?

A total of 10 teams will participate in IPL 2024. Each team plays the other nine in a round-robin home and away format with the top four qualifying for the play-off.

The top two teams in the league will compete in the Qualifier 1 and the winner will make it to the final. The third and fourth-placed teams will compete in an Eliminator.

The winner of the eliminator will compete against the team who lost the Qualifier 1 in a Qualifier 2. The winner of Qualifier 2 will then make it to the final.

IPL 2024 Match Schedule, Results

The full schedule of IPL 2024 was announced on March 25.

DateMatchVenueTime (IST)Result
March 22CSK vs RCBChennai8:00 pmCSK won by 6 wickets
March 23PBKS vs DCMohali3:30 pmPBKS won by 4 wickets
March 23KKR vs SRHKolkata7:30 pmKKR won by 4 runs
March 24RR vs LSGJaipur3:30 pmRR won by 20 runs
March 24GT vs MIAhmedabad7:30 pmGT won by 6 runs
March 25RCB vs PBKSBengaluru7:30 pmRCB won by 4 wickets
March 26CSK vs GTChennai7:30 pmCSK won by 63 runs
March 27SRH vs MIHyderabad7:30 pmSRH won by 31 runs
March 28RR vs DCJaipur7:30 pmRR won by 12 runs
March 29RCB vs KKRBengaluru7:30 pmKKR won by 7 wickets
March 30LSG vs PBKSLucknow7:30 pmLSG won by 22 runs
March 31GT vs SRHAhmedabad3:30 pmGT won by 7 wickets
March 31DC vs CSKDelhi7:30 pmDC won by 20 runs 
April 1MI vs RRMumbai7:30 pmRR won by 6 wickets
April 2RCB vs LSGBengaluru7:30 pmLSG won by 28 runs
April 3DC vs KKRDelhi7:30 pmKKR won by 106 runs
April 4GT vs PBKSAhmedabad7:30 pmPunjab Kings won by 3 wkts 
April 5SRH vs CSKHyderabad7:30 pmSunrisers Hyderabad won by 6 wkts 
April 6RR vs RCBJaipur7:30 pmRajasthan Royals won by 6 wkts 
April 7MI vs DCMumbai3:30 pmMumbai Indians won by 29 runs 
April 7LSG vs GTLucknow7:30 pm Lucknow Super Giants won by 33 runs
April 8CSK vs KKRChennai7:30 pmChennai Super Kings won by 7 wkts 
April 9PBKS vs SRHMohali7:30 pm Sunrisers Hyderabad won by 2 runs
April 10RR vs GTJaipur7:30 pm Gujarat Titans won by 3 wkts
April 11MI vs RCBMumbai7:30 pmMumbai Indians won by 7 wkts 
April 12LSG vs DCLucknow7:30 pmDelhi Capitals won by 6 wkts 
April 13PBKS vs RRMohali7:30 pmRajasthan Royals won by 3 wkts 
April 14KKR vs LSGKolkata3:30 pm Kolkata Knight Riders won by 8 wkts
April 14MI vs CSKMumbai7:30 pmChennai Super Kings won by 20 runs 
April 15RCB vs SRHBengaluru7:30 pmSunrisers Hyderabad won by 25 runs 
April 16KKR vs RRKolkata7:30 pmRajasthan Royals won by 2 wkts 
April 17GT vs DCAhmedabad7:30 pmDelhi Capitals won by 6 wkts 
April 18PBKS vs MIMohali7:30 pmMumbai Indians won by 9 runs 
April 19LSG vs CSKLucknow7:30 pm Lucknow Super Giants won by 8 wkts
April 20DC vs SRHDelhi7:30 pmSunrisers Hyderabad won by 67 runs 
April 21KKR vs RCBKolkata3:30 pm Kolkata Knight Riders won by 1 run
April 21PBKS vs GTMohali7:30 pmGujarat Titans won by 3 wkts 
April 22RR vs MIJaipur7:30 pmRajasthan Royals won by 9 wkts 
April 23CSK vs LSGChennai7:30 pmLucknow Super Giants won by 6 wkts 
April 24DC vs GTDelhi7:30 pmDelhi Capitals won by 4 runs 
April 25SRH vs RCBHyderabad7:30 pm Royal Challengers Bengaluru won by 35 runs
April 26KKR vs PBKSKolkata7:30 pmPunjab Kings won by 8 wkts 
April 27DC vs MIDelhi3:30 pmDelhi Capitals won by 10 runs 
April 27LSG vs RRLucknow7:30 pmRajasthan Royals won by 7 wkts 
April 28GT vs RCBAhmedabad3:30 PMRoyal Challengers Bengaluru won by 9 wkts 
April 28CSK vs SRHChennai7:30 pmChennai Super Kings won by 78 runs 
April 29KKR vs DCKolkata7:30 pmKolkata Knight Riders won by 7 wkts 
April 30LSG vs MILucknow7:30 pmLucknow Super Giants won by 4 wkts 
May 1CSK vs PBKSChennai7:30 pmPunjab Kings won by 7 wkts 
May 2SRH vs RRHyderabad7:30 pmSunrisers Hyderabad won by 1 run 
May 3MI vs KKRMumbai7:30 pmKolkata Knight Riders won by 24 runs 
May 4RCB vs GTBengaluru3:30 pmRoyal Challengers Bengaluru won by 4 wkts 
May 4PBKS vs CSKDharamsala7:30 pmChennai Super Kings won by 28 runs 
May 5LSG vs KKRLucknow7:30 pmKolkata Knight Riders won by 98 runs 
May 6MI vs SRHMumbai7:30 pm Mumbai Indians won by 7 wkts
May 7DC vs RRDelhi7:30 pmDelhi Capitals won by 20 runs 
May 8SRH vs LSGHyderabad7:30 pmSunrisers Hyderabad won by 10 wkts 
May 9PBKS vs RCBDharamsala7:30 pmRoyal Challengers Bengaluru won by 60 runs 
May 10GT vs CSKAhmedabad7:30 pmGujarat Titans won by 35 runs 
May 11KKR vs  MIKolkata7:30 pm 
May 12CSK vs RRChennai3:30 pm 
May 12RCB vs DCBengaluru7:30 pm 
May 13GT vs KKRAhmedabad7:30 pm 
May 14DC vs LSGDelhi7:30 pm 
May 15RR vs PBKSGuwahati7:30 pm 
May 16SRH vs GTHyderabad7:30 pm 
May 17MI vs LSGMumbai7:30 pm 
May 18RCB vs CSKBengaluru7:30 pm 
May 19SRH vs PBKSHyderabad3:30 pm 
May 19RR vs KKRGuwahati7:30 pm 
May 21IPL Qualifier 1Ahmedabad7:30 pm 
May 22IPL EliminatorAhmedabad7:30 pm 
May 24IPL Qualifier 2Chennai7:30 pm 
May 26IPL FinalChennai7:30 pm 

Kolkata Knight Riders

OpponentDescriptionDateResult
Sunrisers Hyderabad3rd Match23 MarWon by 4 runs
Royal Challengers Bengaluru10th Match29 MarWon by 7 wkts
Delhi Capitals16th Match03 AprWon by 106 runs
Chennai Super Kings22nd Match08 AprLoss by 7 wkts
Lucknow Super Giants28th Match14 AprWon by 8 wkts
Rajasthan Royals31st Match16 AprLoss by 2 wkts
Royal Challengers Bengaluru36th Match21 AprWon by 1 run
Punjab Kings42nd Match26 AprLoss by 8 wkts
Delhi Capitals47th Match29 AprWon by 7 wkts
Mumbai Indians51st Match03 MayWon by 24 runs
Lucknow Super Giants54th Match05 MayWon by 98 runs
Mumbai Indians60th Match11 May
Gujarat Titans63rd Match13 May
Rajasthan Royals70th Match19 May

Rajasthan Royals

OpponentDescriptionDateResult
Lucknow Super Giants4th Match24 MarWon by 20 runs
Delhi Capitals9th Match28 MarWon by 12 runs
Mumbai Indians14th Match01 AprWon by 6 wkts
Royal Challengers Bengaluru19th Match06 AprWon by 6 wkts
Gujarat Titans24th Match10 AprLoss by 3 wkts
Punjab Kings27th Match13 AprWon by 3 wkts
Kolkata Knight Riders31st Match16 AprWon by 2 wkts
Mumbai Indians38th Match22 AprWon by 9 wkts
Lucknow Super Giants44th Match27 AprWon by 7 wkts
Sunrisers Hyderabad50th Match02 MayLoss by 1 run
Delhi Capitals56th Match07 MayLoss by 20 runs
Chennai Super Kings61st Match12 May
Punjab Kings65th Match15 May
Kolkata Knight Riders70th Match19 May

Sunrisers Hyderabad

OpponentDescriptionDateResult
Kolkata Knight Riders3rd Match23 MarLoss by 4 runs
Mumbai Indians8th Match27 MarWon by 31 runs
Gujarat Titans12th Match31 MarLoss by 7 wkts
Chennai Super Kings18th Match05 AprWon by 6 wkts
Punjab Kings23rd Match09 AprWon by 2 runs
Royal Challengers Bengaluru30th Match15 AprWon by 25 runs
Delhi Capitals35th Match20 AprWon by 67 runs
Royal Challengers Bengaluru41st Match25 AprLoss by 35 runs
Chennai Super Kings46th Match28 AprLoss by 78 runs
Rajasthan Royals50th Match02 MayWon by 1 run
Mumbai Indians55th Match06 MayLoss by 7 wkts
Lucknow Super Giants57th Match08 MayWon by 10 wkts
Gujarat Titans66th Match16 May
Punjab Kings69th Match19 May

Chennai Super Kings

OpponentDescriptionDateResult
Royal Challengers Bengaluru1st Match22 MarWon by 6 wkts
Gujarat Titans7th Match26 MarWon by 63 runs
Delhi Capitals13th Match31 MarLoss by 20 runs
Sunrisers Hyderabad18th Match05 AprLoss by 6 wkts
Kolkata Knight Riders22nd Match08 AprWon by 7 wkts
Mumbai Indians29th Match14 AprWon by 20 runs
Lucknow Super Giants34th Match19 AprLoss by 8 wkts
Lucknow Super Giants39th Match23 AprLoss by 6 wkts
Sunrisers Hyderabad46th Match28 AprWon by 78 runs
Punjab Kings49th Match01 MayLoss by 7 wkts
Punjab Kings53rd Match05 MayWon by 28 runs
Gujarat Titans59th Match10 MayLoss by 35 runs
Rajasthan Royals61st Match12 May
Royal Challengers Bengaluru68th Match18 May

Delhi Capitals

OpponentDescriptionDateResult
Punjab Kings2nd Match23 MarLoss by 4 wkts
Rajasthan Royals9th Match28 MarLoss by 12 runs
Chennai Super Kings13th Match31 MarWon by 20 runs
Kolkata Knight Riders16th Match03 AprLoss by 106 runs
Mumbai Indians20th Match07 AprLoss by 29 runs
Lucknow Super Giants26th Match12 AprWon by 6 wkts
Gujarat Titans32nd Match17 AprWon by 6 wkts
Sunrisers Hyderabad35th Match20 AprLoss by 67 runs
Gujarat Titans40th Match24 AprWon by 4 runs
Mumbai Indians43rd Match27 AprWon by 10 runs
Kolkata Knight Riders47th Match29 AprLoss by 7 wkts
Rajasthan Royals56th Match07 MayWon by 20 runs
Royal Challengers Bengaluru62nd Match12 May
Lucknow Super Giants64th Match14 May

Lucknow Super Giants

OpponentDescriptionDateResult
Rajasthan Royals4th Match24 MarLoss by 20 runs
Punjab Kings11th Match30 MarWon by 21 runs
Royal Challengers Bengaluru15th Match02 AprWon by 28 runs
Gujarat Titans21st Match07 AprWon by 33 runs
Delhi Capitals26th Match12 AprLoss by 6 wkts
Kolkata Knight Riders28th Match14 AprLoss by 8 wkts
Chennai Super Kings34th Match19 AprWon by 8 wkts
Chennai Super Kings39th Match23 AprWon by 6 wkts
Rajasthan Royals44th Match27 AprLoss by 7 wkts
Mumbai Indians48th Match30 AprWon by 4 wkts
Kolkata Knight Riders54th Match05 MayLoss by 98 runs
Sunrisers Hyderabad57th Match08 MayLoss by 10 wkts
Delhi Capitals64th Match14 May
Mumbai Indians67th Match17 May

Royal Challengers Bengaluru

OpponentDescriptionDateResult
Chennai Super Kings1st Match22 MarLoss by 6 wkts
Punjab Kings6th Match25 MarWon by 4 wkts
Kolkata Knight Riders10th Match29 MarLoss by 7 wkts
Lucknow Super Giants15th Match02 AprLoss by 28 runs
Rajasthan Royals19th Match06 AprLoss by 6 wkts
Mumbai Indians25th Match11 AprLoss by 7 wkts
Sunrisers Hyderabad30th Match15 AprLoss by 25 runs
Kolkata Knight Riders36th Match21 AprLoss by 1 run
Sunrisers Hyderabad41st Match25 AprWon by 35 runs
Gujarat Titans45th Match28 AprWon by 9 wkts
Gujarat Titans52nd Match04 MayWon by 4 wkts
Punjab Kings58th Match09 MayWon by 60 runs
Delhi Capitals62nd Match12 May
Chennai Super Kings68th Match18 May

Conclusion

Dream11 has revolutionized the fantasy sports landscape in India, offering a diverse range of sports and engaging millions of users across the country. With its strategic partnerships, legal battles, and continuous growth, Dream11 has emerged as a dominant player in the Indian fantasy sports industry.

As the platform continues to evolve, it will undoubtedly shape the future of online gaming in India, captivating sports enthusiasts with its innovative approach.

FAQs (Frequently Asked Questions)

1. Can I play Dream11 from any location in India?

Yes, Dream11 is accessible throughout India, except in states where fantasy sports are prohibited, such as Assam, Odisha, Telangana, and Andhra Pradesh.

2. What is the minimum age requirement to participate in Dream11 contests?

Users must be at least 18 years old to participate in Dream11 contests.

3. How does Dream11 generate revenue?

Dream11 generates revenue through a combination of entry fees from paid contests and sponsorships.

4. Can I win real cash prizes on Dream11?

Yes, users can win real cash prizes by participating in paid contests on Dream11.

5. Is Dream11 only limited to cricket, or does it offer other sports as well?

Dream11 offers a wide range of sports, including cricket, football, basketball, kabaddi, hockey, volleyball, handball, and baseball.

6. What time will the matches start in India?

Most of the matches will start at 7:30 pm IST except for doubleheaders which will see the first match starting from 3:30 pm IST.

Dream11 Official Website: https://www.dream11.com/