Dream11 – Bada Business

Hottest Startups of 2020: Paytm, Dream11, Zomato, Ola, Swiggy Among Top 10 Startups of 2020, Says Report

Mumbai, December 10: As per the Hottest Startups of 2020 Report, Paytm, Dream11, Zomato, Ola, Swiggy, Big Basket, Oyo, Byjus, Snapdeal, and Unacademy are the top 10 hottest startups of 2020. It needs to be mentioned here that all the ten startups hold the title of unicorns.

Paytm topped the list in terms of creating the most consistent buzz throughout the year while Dream11 bagged the title for the prominence of its brand.

The Hottest Startups of 2020 Report by Wizikey, celebrates the top 100 most influential startups in India emerging sectors like Fintech, E-commerce, SaaS, Logistics & Edtech, that have successfully redefined the ecosystem in 2020.

2020 also emerged as the year of Fintech due to the strong wave of cashless transactions like UPI and wallet payments that were witnessed in both metro and non-metro cities.

Some of the new players that have found a place in the list of hottest startups are- CRED and Khatabook. Big Basket found itself leading the sectoral list but ranking overall at number 6, way above Grofers which is ranked at 15.

Dream11 Journey: From Fantasy Gaming Startup to IPL 2020 Title Sponsor, Here’s A Look At The Rise of The Unicorn

Mumbai, August 19: Dream11, Fantasy gaming startup has bagged the Indian Premier League (IPL) 2020 title sponsorship rights. Dream11 won the title sponsorship rights with a bid of Rs 222 crore, replacing Vivo for a four and a half month deal.

In India, the online fantasy sports gaming has seen exponential growth over the last three years. To quote, IFSG-KPMG report, the biggest player in this category is Dream11 which commands 90 percent market share.

Here are some interesting facts about Dream11 growth journey:

Dream11 was co-founded by Harsh Jain and Bhavit Sheth in 2012. It is an India based app.
Dream11 is headquartered in the city of Mumbai, Maharashtra.
In April 2019, Dream11 became the first Indian gaming company to enter the ‘Unicorn Club’.
In 2014, the company reported 1 million registered users, which grew to 2 million in 2016 and to 4 million in 2018.
Dream11 was also recognised as one of the top 10 innovative companies in India by Fast Company in 2019.
China-based App development organisation called Tencent Games had invested in the application in the year 2018.
On the Dream11 platform, the share of cricket as a sport is 85 percent, and this explains why IPL is an important platform for the brand to be in.

Here’s how the game format works:

Dream11 provides a fantasy gaming platform for multiple sports such as cricket, football, basketball, kabaddi, hockey, volleyball, and baseball, handball. Here users create a virtual team of real-life players and earn points based on the performances of these players in real matches. In order to participate in a Dream11 game, a user must be at least 18 years old and needs to get their profile verified using their PAN.