Overview
Technology Crossover Ventures (TCV), D1 Capital Partners and Alpha Wave have led a USD 400 million secondary investment in Dream Sports. Dream Sports is India’s leading sports technology company with brands such as Dream11, FanCode and DreamX in its portfolio. The round also saw participation from existing investors including Tiger Global, ChrysCapital, TPG Growth, Steadview Capital and Footpath Ventures. This is the largest investment to date, in the Indian sports technology ecosystem, and is a testimony to its growing market potential.
Avendus Capital acted as the exclusive financial advisor to Dream Sports and its shareholders on this transaction.
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