Advertisement
Monday, Oct 18, 2021
Outlook.com

Luck & A Little Wager

The cut, pull and drive behind the business of Dream11, the fantasy cricket operator aiming for the big league with IPL 2020

Luck & A Little Wager
Not a Fantasy |
Luck & A Little Wager
outlookindia.com
2020-08-28T19:02:56+05:30

First came the radio, then the extended empire of television. Live matches on apps and online sites are a few years old. Currently, though, it’s fantasy sports firms that’s hoping to ent­ice en masse millions of diehard cricket fans. Advertisements of one firm feature cocksure, fanatical cricket fans and their sudden comeuppance when accosted by stars like Rashid Khan and Shane Watson on the Maidan and streets of Calcutta. Then there is Dream11—the most prominent of ’em all, the latest sponsor of the IPL—the fantasy sports platform wherein users can play ‘fantasy’ cricket, hockey, football, kabaddi and basketball. A shadow, however, hangs over it, what with talk of hefty Chinese funding, something that is looked at askance in the backdrop of a decisive worsening of India-China ties.

“We do not disclose our capitalisation table and prefer not to talk about it.” Harsh Jain, CEO and co-founder of Dream11, replied when asked about the Chinese link in a recent interview. Yet, Crunchbase data clearly shows that the $100...

Advertisement

Outlook Newsletters

Advertisement
Advertisement
Advertisement

Read More from Outlook

Kashmir Civilian Killings: Militants Gun Down Two More Migrant Labourers In Kulgam

Kashmir Civilian Killings: Militants Gun Down Two More Migrant Labourers In Kulgam

A day after two non-local cart vendors were shot dead in Kashmir, militants struck again today killing two more non-local labourers in the southern district of Kulgam.

Kerala Rains: 23 Killed In Flash Floods And Landslides, PM Modi Speaks To CM Vijayan

Kerala Rains: 23 Killed In Flash Floods And Landslides, PM Modi Speaks To CM Vijayan

The toll from disastrous flooding caused by heavy rains and landslides in hilly areas of two central Kerala districts rose to 23 as rescue workers recovered more bodies from the rubbles on Sunday.

Yuvraj Arrested In Chahal 'Casteist Remarks' Case, Released On Bail

Yuvraj Arrested In Chahal 'Casteist Remarks' Case, Released On Bail

'Yuvraj Singh came to Hansi on Saturday and we made a formal arrest. He was released on bail bond after a few hours,' DSP (Hansi) Vinod Shankar said.

Komic, World's Highest Motorable Village In Himachal, Gets Season’s First Snowfall

Komic, World's Highest Motorable Village In Himachal, Gets Season’s First Snowfall

Tourists and travellers have been asked not to venture towards the Kunzum Pass in Himachal Pradesh with snowfall being reported in several parts of the state including Rohtang Pass.

Advertisement