Let’s have a detailed look at dream11 owner net worth and the rise of Dream11.
In India, fantasy sports just reached new heights as Dream11 changed how fans engage with sports. It has catapulted its founders into billionaire status. Harsh Jain and Bhavit Sheth co-founded Dream11, with significant financial success coming their way, primarily due to the platform’s widespread adoption and business decisions taken in the right direction.
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Dream11 Owner Details
Co-founded in 2008 by Harsh Jain and Bhavit Sheth, Dream11 boasts Mr. Jain as its chief executive officer and Mr. Sheth as chief operating officer. They turned Dream11 into a household name and basically became synonymous with the term fantasy sport in India.
Its growth has been fueled by an innovative approach to sports engagement, along with a powerful user base comprising more than 150 million players as of 2024.
Current Valuation of Dream11
Dream11 is operated by Dream Sports, a parent company that includes various other sports-related ventures. As of 2023, Dream Sports was valued at approximately $8 billion following its latest funding rounds, which saw investments from top-tier firms like TCV, Tiger Global, and ChrysCapital.
Given its massive valuation, Harsh Jain and Bhavit Sheth’s stakes in the company have significantly contributed to their net worth.
Dream11 Owner Net Worth : Harsh Jain and Bhavit Sheth
1. Harsh Jain
- Estimated Net Worth: $1.2 billion – $1.5 billion
Harsh Jain owns a significant amount of Dream Sports, the main driver of his wealth. As its CEO, too, he is behind some high-profile investors and the global expansion of the platform.
2. Bhavit Sheth
- Estimated Net Worth: $800 million – $1 billion
Bhavit Sheth, as the COO, has focused on operations and growth strategies, which have been critical to Dream11’s success. His holdings in Dream Sports also make up a significant portion of his net worth.
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Other Ventures and Assets
Both Harsh Jain and Bhavit Sheth have diversified their investments:
- Dream Capital: This is Dream Sports’ investment arm, focusing on sports-tech startups.
- Property and Luxury Assets: The founders are known to own luxury real estate in Mumbai and other cities, along with high-end cars and other assets.
Conclusion
The success of Dream11 is a testimony to the vision of its founders, Harsh Jain and Bhavit Sheth, and their leadership. With a net worth of nearly $2.5 billion combined, they have established themselves not only as key figures in India’s startup ecosystem but have played a very important role in popularizing fantasy sports within the country.
Their story is a reflection of the potential of India’s digital economy and its ability to create world-scale entrepreneurs.
As Dream11 goes from strength to strength, the wealth of its founders is expected to surge even higher, with their position as stalwarts within the Indian business firmament now secure.
Disclaimer
The information provided in this article is based on publicly available data and estimates from reliable sources as of 2023. Actual figures may vary, as the net worth and valuation of individuals and companies can fluctuate over time due to market conditions, investments, and other factors. This article is for informational purposes only and does not constitute financial advice or an endorsement.
