Online gaming firm Dream11 enters India's 'unicorn' club
9 April 2019 3:39 PM IST
Dream11 on Tuesday became India's first gaming startup to be valued at over $1 billion after its latest round of investment, joining the country's fast-growing "unicorn" club.
- The gaming platform, which has a 90 percent market share in the Indian fantasy sports market according to a IFSG-KPMG report, allows users to create teams for different sports.
- The deal involves a secondary sale of shares by investors Kalaari Capital, Think Investments and Multiples Equity to Asia-focused Steadview.
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