Mumbai-headquartered firm Dream Sports, the parent firm of fantasy sports app Dream11, has secured $400 million in a new financing round as it builds what it calls an “end-to-end sports tech company”..The secondary fundraise was led by TCV, D1 Capital Partners and Falcon Edge whereas existing investors, including Tiger Global, ChrysCapital, TPG Growth, Steadview Capital and Footpath Ventures, also participated in the round..AZB & Partners advised Footpath Ventures SPV II LP on its investment in Dream Sports..The firm was represented by Partner Vaidhyanadhan Iyer with Senior Associate Vasudha Asher.
Mumbai-headquartered firm Dream Sports, the parent firm of fantasy sports app Dream11, has secured $400 million in a new financing round as it builds what it calls an “end-to-end sports tech company”..The secondary fundraise was led by TCV, D1 Capital Partners and Falcon Edge whereas existing investors, including Tiger Global, ChrysCapital, TPG Growth, Steadview Capital and Footpath Ventures, also participated in the round..AZB & Partners advised Footpath Ventures SPV II LP on its investment in Dream Sports..The firm was represented by Partner Vaidhyanadhan Iyer with Senior Associate Vasudha Asher.