Shruti Malhotra
Are you aware that Anand Jain’s son, dream11 owner Harsh Jain, is a multi-millionaire entrepreneur who co-founded the fantasy sports platform Dream11? In 2008, Harsh and Bhavit Sheth co-founded Dream11, a platform that now boasts 60 million members and more. When Dream11 joined the Unicorn Club in April 2019, it was the first Indian gaming company to do so. The firm rose to prominence as an industry leader in India’s fantasy sports market during his tenure as CEO.
Let’s read Harsh Jain’s biography to learn about Dream11’s founder and CEO. We will cover his background, investments, and more.
dream11 owner: Harsh Jain, who is he?
Harsh Jain’s father, Anand Jain, the dream11 owner was an advisor and personal assistant to Mukesh Ambani, the wealthiest man in Asia. Harsh was born in 1986 in Mumbai, Maharashtra. Harsh Jain attended Penn and Columbia Business School and started as a Microsoft intern. He and Bhavit Sheth co-founded Dream11 in 2008, and since then, the fantasy sports website has grown into one of India’s most valued firms.
Harsh was born in Mumbai, India. His enthusiasm for video games, athletics, and technology is contagious. Fantasy cricket and soccer are two of his favorite sports.
Dream11 owner Harsh shot to fame after purchasing a 72-crore-rupee apartment. The apartment’s 29th and 30th floors comprise it, and it is located in one of the most affluent regions in India. Its location is intimate with Mukesh Ambani’s Antilia, an investment property valued at Rs. 15,000 crore. Many news outlets reported on this story.
Dream Sports Inc. is a prominent sports technology company that includes Dream11 and Groww, two online financial services platforms that provide investment opportunities. Dream Sports Foundation (DSF) is dedicated to grassroots sports development, Dream Game Studios builds next-gen AAA sports mobile games, and Sixer is a unique platform for purchasing and selling fantasy stocks in cricket players. Dream Sports Inc. is headed by Harsh Jain, who also serves as CEO of Dream11 and Groww.
However, Dream11—the “world’s largest fantasy sports platform”—is still Harsh Jain-led Dream Sports’ most valuable asset, with an estimated market worth of about Rs 65,000 crore.
Harsh Jain—Red Digital’s Co-Founder
One of dream11 owner Harsh’s ventures, Red Digital, was bought out in the first three years after it was founded. For all of your social media, digital marketing, app, and online reputation management needs, go no farther than Red Digital, a social media specialist.
In July of 2010, Red Digital was born. Within two years, the company secured partnerships with well-known Indian and international brands including: Dell, PepsiCo, BMW, Parker Pens, Adidas, PVR, Godrej, Berger Paints, Reliance Foundation, Educomp, Citibank, ICC, and the Discovery Channel.
In response, the business opened branches in several major Indian cities, including Kolkata, Bangalore, Delhi, Chennai, and Mumbai. In 2013, Gozoop purchased Red Digital.
Dream11: Revolutionizing Fantasy Sports in India
Dream11 is India’s largest fantasy sports platform with 220 million users playing cricket, football, Kabaddi, hockey, basketball, volleyball, handball, and baseball. The company graciously partners with national and international sports leagues and bodies and famous Indian and international cricketers.
- Dream11’s easy mobile app lets users create a virtual squad of real-life players from upcoming matches, score points based on their on-field performance, and compete with other virtual players. Sports lovers and aficionados eagerly participate and demonstrate their knowledge.
- For cricket enthusiasts in India, Harsh and his friend Bhavit Sheth invented the freemium Fantasy sport. Dream11 was ranked ninth in India’s Great Mid-Size Workplace 2018. Fast Company named it one of India’s top 10 startup modern firms in 2019.
Ceremonies and honors bestowed upon Dream11 owner
- Among the numerous honors bestowed upon Harsh Jain in recognition of his commercial enterprise acumen are the IMPACT Person of the Year Award for 2022 and the AIMA Young Entrepreneur Award for 2022.
- In addition, IDFC FIRST Private and Hurun India’s Top 2 hundred Self-Made Entrepreneurs of the Millennia listing positioned dream11 owner Harsh Jain and Bhavit Sheth 6th in 2024.
Ceremonies and honors bestowed upon Harsh Jain
Among the many honors bestowed upon Harsh Jain in recognition of his business acumen are the IMPACT Person of the Year Award for 2022 and the AIMA Young Entrepreneur Award for 2022.
In addition, IDFC FIRST Private and Hurun India’s Top 200 Self-Made Entrepreneurs of the Millennia list put dream11 owner Harsh Jain and Bhavit Sheth sixth in 2024.
Harsh Jain’s posh apartment close to Antilia
Dream11 owner Harsh Jain spent Rs 138 crore earlier this year on an ultra-luxury flat in Mumbai’s upscale Lodha Malabar project. The flat is located close to the Antilia estate, which is owned by Mukesh and Nita Ambani and costs Rs 15,000 crore.
Renowned architect Hafeez Contractor created Jain’s opulent 9,546 square foot apartment in the Lodha Malabar, an ultra-premium residential building on Walkeshwar Road.
Rumor has it that this luxurious flat, which includes six parking spots, is selling for an outrageous Rs 1.45 lakh per square foot. Jain allegedly paid a stamp duty of Rs 8.30 crore.
Dream11’s Rise: From Fantasy Sports to IPL Sponsorship
Dream11 brand ambassador Mahendra Singh Dhoni launched the “Dimag Se Dhoni” media campaign during the 2018 Indian Premier League. In 2022, Kartik Aaryan and Samantha Prabhu became brand ambassadors. The company chose commentator Harsha Bhogle as its brand ambassador in 2017. The company signed seven players and did marketing with the IPL team in 2019.
Dream11 is popular in India. By 2024, it had over 200 million users, up from 100 million in 2020. This is incredible growth from 2 million users in 2016. Dream11 became India’s first Unicorn gaming firm in April 2019. Sponsoring the 2020 Indian Premier League is one of its major achievements. It is the principal sponsor of Indian cricket.
Vivo withdrew in 2020 after Dream11 secured the 2020 IPL sponsorship for INR 2.22 billion. The BCCI named Dream11 the IPL’s official partner in March 2019. Dream11 also held the IPL Official Fantasy Game.
Dream11 partnered with ICC, PKL, IHF, WBBL, and BBL in 2018. In 2017, it also teamed up with the Hero Caribbean Premier League, Hero Indian Super League, and NBA.
Dream Sports offers FanCode, a multi-sport aggregator platform, Dream X, a sports accelerator, and DreamSetGo, a sports experiences platform, in addition to Dream11. Dream11 owner (s) Harsh Jain and Bhavit Sheth created these brands in 2008.
What you have to know about Big Bash League?
The Hobart Hurricanes, who defeated the Sydney Sixers in the first qualifier of the Big Bash League (BBL), will now play in the finals in just two games. Today at the Sydney Cricket Ground (SCG), the Sixers and the Thunder will square off in a Sydney derby, with both teams vying for a place in the finals.
This season has been nothing short of spectacular, with some truly remarkable matches and performances. Cricket Australia (CA) is having many conversations about new regulations that the BBL is working on, which could be implemented in the upcoming season. The Hundred Mens contest in England and baseball appear to have inspired these regulations.
In 2011, Cricket Australia was the first to establish BBL. A subsequent Big Bash League (BBL) replaced the KFC Twenty20 Big Bash After previously featuring six state teams, the BBL expanded to include eight franchises based in different cities.
- The format of the BBL Finals is as follows: Every team plays fourteen matches in the BBL. The top five teams advance to the five-team finals series, while the worst three are eliminated.
- Is Big Bash Fantasy Leagues something you’re really into? Create your fantasy cricket team on Dream11 and experience the rush like never before.
- In cricket, who owns the BBL? Since its beginning in 2011, the competition has been sponsored by KFC, the world’s most famous fast-food chicken shop.
- Who in India is broadcasting the BBL Fantasy Cricket tournament live? An electrifying contest between the Melbourne Stars and the Perth Scorchers will commence the fourteenth Big Bash League season on December 15, 2024, at 1:45 PM IST. Thanks to a multi-year broadcasting deal agreed between Star Sports and Cricket Australia, all the action can be enjoyed live on the Star Sports network by Indian fans. In addition, fans can watch all BBL matches from the convenience of their devices thanks to live streaming on the Disney+ Hotstar app and website.
Mastering big bash league dream11 prediction
The Big Bash League (BBL) is one of the maximum famous T20 leagues globally, and Dream11 users actively participate in delusion contests at some stage in the tournament. How to Make Accurate big bash league dream11 prediction?
- Analyze Player Form: Check latest performances in domestic and international matches.
- Think of pitch and weather conditions: Australian pitch differs; players affect the selection.
- Head-to-Head Record: Some players perform better against specific teams.
- Top captain and Vice-Captain Picks: Choose players that can maximize points through batting, bowling or all-round performance.
- Monitor Toss and Playing Xi Update: It is important to adjust the last minute.
The 2025–2026 Big Bash League is an eagerly anticipated match for spectators. Matches in the Big Bash League are guaranteed to be nail-biters. With eight clubs competing in the Big Bash League, it can be difficult to tell two teams apart. Nevertheless, there is always one victor.
How much is dream11 owner income per day?
Dream11 has strong revenue model generates revenue from entry fee, participation, and ads.
- Input fee from users: One percent of the competition tax is maintained as platform income.
- Sponsorships and partnership: There is a significant contribution in collaboration with IPL, BBL and NBA.
- Ad: Income from the app in the app and external advertising.
While specific figures aren’t publicly available, reports show that Harsh Jain and Bhavit Sheth earn good profits. If Dream11’s annual profit margin is round 30%, the anticipated dream11 owner income per day collectively could be in the variety of ₹3–4 crores.
Dream11’s meteoric rise from startup to fantasy sports industry powerhouse is a tribute to the foresight and determination of its co-founders, Bhavit Sheth and Harsh Jain. Dream11 maintains a considerable daily revenue for its owners because to its strong business model and planned growth strategies. Dream11 is an extraordinary tale of digital success due to the platform’s influence on the sports sector and its prospects for future expansion.
dream11 share price and Market Predictions
- Dream11 is officially partnered with forty sports associations and leagues and boasts almost twenty crore registered active users. Despite new GST laws, Dream11 added 5.5 crore users to its platform.
- Tiger Global, Chrys Capital, Falcon Edge Capital, TCV, TPG, Steadview Capital Management, and many well-known investors have contributed to Dream11.
- The company’s revenue increased from ₹225 Cr in FY18 to ₹6385 Cr in FY23, a 95% CAGR growth over the last five years. With the addition of 5.5 billion new users in FY24 alone, the overall number of registered users reached 21 billion, and around 1,000 million fantasy sports teams were created. In a LinkedIn post, Dream11 CEO and co-founder Harsh Jain also disclosed that the platform has seen an astounding 79% year-on-year growth in female users.
- Dream11’s current share price is $8 billion. If it launches an IPO, analysts expect a percentage rate of ₹500–₹700 in line with share, depending on marketplace situations.
- In addition to Dream11, the company’s portfolio includes FanCode, DreamSetGo, Dream Game Studios, a mobile game production unit, Dream Sports Foundation, a charitable arm, and Dream11, among other brands.
The wealth of dream11 owner Harsh Jain
Despite the lack of publicly accessible information regarding his wealth, Dream11 owner Harsh Jain is reportedly worth $8 million (or around Rs 67 crore) as of December 2024, thanks to his stake of Rs 696.7 crore and his monthly salary of Rs 33 lakh from the company.
Case of Anand Jain scam
A Special Investigation Team (SIT) is investigating claims that Harsh’s father, Anand Jain, a prominent businessman and chairman of Jai Corp Limited, committed fraud totaling 2400 crore rupees. The Bombay High Court had directed the CBI to investigate in January of this year.
Numerous people regard Anand Jain, who Forbes formerly named the eleventh wealthiest Indian, as a close associate of Mukesh Ambani and, by extension, the “third son” of Dhirubhai Ambani, founder of Reliance Industries.
FAQs
Who owns Dream11?
Dream Sports, the parent company of Dream11, was co-founded by Harsh Jain and Bhavit Sheth, who also serve as CEO and COO, respectively.
What is Harsh Jain schooling?
From 2001 to 2003, dream11 owner Harsh Jain attended Sevenoaks High School and studied International Baccalaureate. He earned a Bachelor of Science in Engineering, Electric Engineering, Mathematics, and Economics from Philadelphia’s University of Pennsylvania from 2003 to 2007.
Do you know when Harsh Jain was born?
The birth year of Harsh Jain is 1986. His age is 34.
What is the net worth of Dream11?
In 2024, Dream11 was worth INR 65,000 crore.
What is the net worth of Dream11 owner Harsh Jain?
The estimated net worth of Harsh Jain is $8 million.
Do Dream11 offer genuine money?
Playing fantasy games online with Dream11 can earn you real money. You can enter both free and paid contests on the site. Participating in a contest offering the chance to win cash prizes requires a particular cost.
How much is the bare minimum for Dream11 withdrawals?
Withdrawals can be made in increments of 100 INR and 2,000,000 INR. The processing time for an IMPS withdrawal is three business days.
Conclusion
dream11 owner Harsh Jain combined his passions for sports, video games, and technology. Dream11, an online fantasy sports platform in India, was developed by Harsh, who is utterly devoted to improving the sporting experience for sports lovers worldwide. After he has amassed a sizable user base for the sports technology startup Dream11, he intends to take it public soon.
Dream11 can maintain its leadership position and continue contributing to the sports ecosystem by keeping a keen eye on market developments, investing in technology, and understanding the regulatory context. How much money its owners make every day is a measure of how popular fantasy sports are and how successful the platform is as a whole.
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