How Much Dream 11 Earns Per Match – Revenue Model, Business Model & Net Worth?
Overview of Dream 11
Dream 11 is an online fantasy sport. Here this platform allows its users to create virtual teams of real-life players in real time and earn points. These users then earn according to the quality of the performance given to them on the field. So basically it is a betting game, but it covers a wider range. Everyone earns something.
Dream 11 is India's biggest fantasy sports platform and has more than 100 million users. The platform is represented as a flagship for the brands of Dream Sports, India’s leading sports technology company.
Dream 11 offers a vast option of games for its users to bet on based on their expertise in a particular sport. The platform covers a wide range of sports categories, including Cricket, Football, Basketball, Kabaddi, Hockey, Volleyball, Handball, and Baseball.
Dream 11 Startup Journey
Harsh Jian and Bhavit Sheth are the founders of Dream 11. They founded the platform in 2008. In 2012 they introduced freemium fantasy to their users basically in the sport of cricket.
The craze of cricket was at its peak. Time passed by and the users of Dream 11 started growing as well. In 2014 the 1 million registered users grew up twice its size to 2 million by 2016. The growth then significantly reached 45 million by 2018.
Dream11 has undergone significant investment and funding in recent years. In April 2019, Steadview Capital gave out a secondary investment in Dream11. Other notable investors in Dream11 included Kalaari Capital, Think Investments, Multiples Equity, and Tencent.
That same year, Dream11 launched FanCode, a multi-sport aggregator platform that offers content, commerce, and community engagement.
In 2021, Dream Sports, the parent company of Dream11, raised $840 million in a funding round. The funding marked a significant milestone for the company, which has grown rapidly in recent years. With this funding, Dream Sports aims to continue expanding its offerings and reach even more users around the world.
| Aspect | Details |
| Revenue Model | Dream11 earns revenue by charging a commission fee on contest entry fees, typically ranging from 5% to 20%. |
| Growth and User Base | Dream11 has more than 100 million users actively participating in various sports, including cricket, hockey, and basketball. |
| Factors for Leading Position | 1. Partnership with BCCI in 2019. 2. Title sponsorship of IPL in 2020. 3. Achieving unicorn status in 2019. |
| Annual Turnover (Year on Year) | - 2022-2023: Annual turnover of Rs. 3,840.75 crore, a 50% increase compared to 2021. - 2021-2022: Rs 2,554.3 crores. - 2020-2021: Revenue of Rs. 2,000 crores with a profit of Rs 180.8 crores. - 2019-2020: Revenue of Rs. 2,130 crores. |
| Net Worth in 2023 | Dream11 has a net worth of over $8 billion, becoming the first fantasy app to achieve unicorn status. |
| Profit Margin | Note: The profit margin has significantly declined, experiencing a 57% year-on-year decrease over the past years. |
| Availability on Play Store | Dream11 is not available on the Play Store because it violates Google's policy on gambling applications. |
| Legitimacy | Without any doubt, Dream11 is considered a legitimate company. |
How did Dream 11 become the leading Fantasy app in India?
Dream 11 has become the biggest and the largest fantasy sports platform. Presently, it has more than 100 million users actively participating in the sports of cricket, hockey, basketball, etc.
Dream 11 became the leading fantasy app in India. There are various reasons behind Dream 11 being the leading platform out of which the major reasons are:
- Partnership with BCCI
BCCI or the Board of Control for Cricket in India signed a partnership with Dream 11 in 2019. Dream 11 has been growing significantly over those years.
When the BCCI signed Dream 11 as the fantasy sports partner in 2019, Dream 11 skyrocketed. The users and the engagement doubled. This is one of the leading reasons why Dream 11 is the largest Fantasy platform in India
- Title Sponsorship
In 2020, Dream 11 became the title sponsor for IPL. With the sponsorships and the advertisement campaigns, the growth prospects of Dream 11 boosted its reach. People became more aware of fantasy sports and more and more users started participating.
- Unicorn Status
Dream 11 became the first fantasy sports company to become a unicorn in 2019. The status of Dream 11 being a unicorn gave users more validation on preferring Dream 11 as their one and only fantasy sporting platform.
Dream 11 always focuses on providing the best digital sports engagement to all its sports fans.
How Much does Dream 11 Earn per match?
Dream 11 earns by charging a commission fee on every contest entry fee. The commission usually ranges from 5% to 20% depending on the size and entry fees.
Considering this, let's take an example if 10 million players join in a match of Dream 11 and the entry fee is Rs.30 per player. Then the amount earned only by entry fees of Rs 300 million per match.
With this if it charges a commission on every match easy money of $500 million is made by Dream 11 every match. Out of which 75% of the money is distributed to the winning players and the remaining 25% is kept as the revenue of Dream 11.
Dream 11 Net Worth in 2023
Being the largest fantasy sports platform, Dream 11 has a net worth of over $8 billion, making it the first fantasy app to become a unicorn.
However, it is to be duly noted that the profit margin of Dream 11 has significantly declined over the past years. A decline of 57% year-on-year has been experienced by Dream 11 over the past years.
Dream 11 last Five Years Turnover (Year on Year)
| Financial Year | Annual Turnover (in crore rupees) | Profit |
| 2019-2020 | 2130 | - |
| 2020-2021 | 2000 | Profit: 180.8 crore |
| 2021-2022 | 2554.3 | 27.71% |
| 2022-2023 | 3840.75 | 50% |
2022-2023
The platform resulted in an annual turnover of Rs. 3840.75 crore. The result has significantly increased by 50% compared to 2021
2021-2022
The platform had an annual turnover of Rs 2554.3 crores in the financial year of 2021.
2020-2021
In the financial year of 2020-2021, Dream 11 made a revenue of 2000 crores with a profit grossing Rs 180.8 crores than its previous year.
2019-2020
Dream 11 accounted for a revenue of RS. 2130 crore in the financial year of 2019-2020.
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