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Alpha Wave co-leads $400 million funding round in India's Dream Sports

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Alpha Wave co-leads $400 million funding round in India's Dream Sports

Source: The Economic Times

Dream Sports, the Indian sports technology company, which owns the leading fantasy sports platform Dream11, has completed a $400 million secondary investment round led by TCV, D1 Capital Partners and Falcon Edge. This is TCV’s first investment in India. It has invested in global tech giants like Netflix, Airbnb, Sportradar and Peloton.The round also saw participation from existing investors like Tiger Global, ChrysCapital, TPG Growth, Steadview Capital and Footpath Ventures.  ..

This is TCV’s first investment in India. It has invested in global tech giants like Netflix, Airbnb, Sportradar and Peloton.

The round also saw participation from existing investors like Tiger Global, ChrysCapital, TPG Growth, Steadview Capital and Footpath Ventures.Falcon Edge Capital, co-founded by Navroz Udwadia, invested via Alpha Wave. Dream Sports said this is the largest investment in the Indian sports tech ecosystem to date and a testimony to its growing market.

Falcon Edge Capital, co-founded by Navroz Udwadia, invested via Alpha Wave. Dream Sports said this is the largest investment in the Indian sports tech ecosystem to date and a testimony to its growing market potential.

Dream Sports said this is the largest investment in the Indian sports tech ecosystem to date and a testimony to its growing market potential. 

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