Dream11 becomes India’s first gaming company to be a unicorn
- Dream11 an online gaming firm has received secondary investment by Steadview Capital. With this Dream11’s valuation has become more than $1 billion and hence making it the first Indian gaming company to enter the Unicorn club.
- Dream11 is also the official fantasy cricket partner of IPL 2019. MS Dhoni is the brand ambassador of Dream11
Note: Start-ups valued at $1 billion or more are called unicorn.
Points to remember:
- First Indian gaming company to be Unicorn?
- Brand Ambassador of Dream11?