Dream Sports, the parent firm of fantasy sports app Dream11, has secured $225 million in a new financing round as the Mumbai-headquartered firm builds what it calls “end-to-end sports tech company” in the cricket-loving nation, which is also the world’s second largest internet market. Tiger Global Management, TPG Tech Adjacencies (TTAD), ChrysCapital and Footpath Ventures financed $225 million in Dream Sports through primary and secondary investments, the 12-year-old Indian firm said. The new round values Dream Sports at over $2.5 billion, two people familiar with the matter told TechCrunch.
https://ift.tt/3mdBxGV from Yahoo Tech https://ift.tt/3hsyJlD
via IFTTT
No comments:
Post a Comment