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Dream11 Becomes India’s Latest Unicorn Startup, Now Valued At $1-1.5 Billion
As India’s unicorn list gets bigger, it also keeps getting more diverse. Dream11 has become India’s latest unicorn startup, and also the first from the fantasy gaming space. Dream11 is now valued at $1-$1.5 billion after an investment from Steadview Capital. Three of Dream11’s existing investors— Kalaari Capital, private equity firm Multiples Alternate Asset Management and San Francisco-based hedge fund Think Investments sold a portion of their stakes in the transaction. “We are excited to welcome...