CEO Harsh Jain Teases A Revamped Dream11 By 2026-End
Erstwhile real money gaming (RMG) giant Dream11’s cofounder and CEO Harsh Jain has hinted at plans to launch a revamped…
Co-founder and CEO of Dream11, Harsh Jain, has alluded to the launch of a revamped version of the platform by the end of 2026. In an X post, Jain mentioned that the new Dream11 would be shaped by and for sports enthusiasts. Further details, including the new platform's features, business model, and launch date, were not disclosed.
This announcement comes after the ban on online real-money gaming in India, which significantly impacted Dream11's paid fantasy sports business. The platform has since shifted focus to a watch-along service and explored other avenues for engaging sports fans. Dream Sports, the parent company, has previously dabbled in wealth tech, stockbroking, SaaS, and AI-powered sports analytics, but has since shut down some of these ventures due to commercial viability issues.
Despite these setbacks, Dream Sports remains active with FanCode, DreamCricket, and DreamStreet as separate entities. Additionally, Dream Sports is currently grappling with over ₹20,000 crore in GST dues after the Supreme Court upheld the tax authorities' decision to impose a 28% retrospective GST on online gaming platforms.
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