Fantasy sports platform Dream11 nets $1 billion valuation following new investment

Fantasy sports platform Dream11 nets $1 billion valuation following new investment

5 years ago
Anonymous $syBn1NGQOq

https://techcrunch.com/2019/04/09/dream11-1-billion/

India has a new unicorn after Dream11, an online fantasy sports service, claimed its valuation has surpassed $1 billion following a new investment.

This isn’t your regular unicorn valuation deal. Instead, the company — which hosts cricket, NBA, soccer and other sports contests — crossed the milestone through a secondary sale that reportedly involves the transfer of a small amount of stock.

Fantasy sports platform Dream11 nets $1 billion valuation following new investment

Apr 9, 2019, 10:25am UTC
https://techcrunch.com/2019/04/09/dream11-1-billion/ > India has a new unicorn after Dream11, an online fantasy sports service, claimed its valuation has surpassed $1 billion following a new investment. > This isn’t your regular unicorn valuation deal. Instead, the company — which hosts cricket, NBA, soccer and other sports contests — crossed the milestone through a secondary sale that reportedly involves the transfer of a small amount of stock.