Dream Sports, the company behind fantasy sports giant Dream11, has stepped into India’s fast-growing casual real money gaming (RMG) segment. The new platform, Dream Play, is now live on the Google Play Store and App Store, offering users the chance to win cash prizes through casual games.
This marks a major shift for the Mumbai-based firm as it goes beyond fantasy sports. The new offering aims to tap into a broader audience that enjoys simple, skill-based games that allow real cash winnings.
Carrom Goes Digital
At launch, Dream Play features Carrom, a popular board game in India, with various playing modes including Classic and Freestyle. The app also hosts “Mega Contests” where users can compete during timed sessions to earn the highest scores and win money. More games like Pool are expected soon.
By entering this segment, Dream Play will directly compete with platforms like MPL, WinZO, Zupee, and Games24x7’s Wowzy, all of which have already built strong user bases in the RMG space.
Dream Sports Widens Reach
Dream Play adds to a growing list of services from Dream Sports. Apart from Dream11, the company also operates FanCode, a sports content platform; DreamSetGo, a sports travel service; Dream Game Studios, and Dream Sports Foundation, its social impact arm.
Recently, Dream Sports launched CRIQ, an AI-powered cricket assistant, and Dream Picks, a quick-play fantasy app where users build mini teams of four players for both innings of a match.
Strong Financial Growth
For the financial year ending March 2023, Dream Sports reported a 66% jump in operational revenue, reaching Rs 6,384.49 crore. This strong performance reflects the rising popularity of fantasy sports and related offerings in India.
Founded in 2008 by Harsh Jain and Bhavit Sheth, Dream Sports last raised $840 million in 2021. The round, led by Falcon Edge, DST Global, and D1 Capital, valued the company at $8 billion, placing it among India’s most valuable tech startups.
With the launch of Dream Play, Dream Sports is now eyeing the booming casual gaming sector, aiming to build a strong presence in the growing market for skill-based real-money games.
