Dream11 is probably the most popular fantasy sports platform in India. It is quite possible that you would have seen a Dream11 advertisement daily, especially on sports channels during major tournaments like the IPL. The advertisements featuring MS Dhoni invite you to play on Dream11 and have a shot at winning lakhs of rupees. Today Dream11 has become synonymous with Dhoni, and there have been rumors that Dhoni owns Dream11. Is Dhoni owner of dream11?
This is the truth.
Is Dhoni owner of dream11?
No, Dhoni is not the owner of Dream11. The fantasy gaming platform was co-founded by two young entrepreneurs, Harsh Jain and Bhavit Sheth, back in 2008. They were inspired by the success of fantasy leagues in the USA and Europe and wanted to replicate the same in India, especially for the IPL.
They started a freemium model for cricket fans, who could make teams for daily matches, and stand a chance to win prizes. Today the company boasts of more than 10 crore players on its platform and was the first Indian gaming company to achieve the coveted Unicorn status, i.e. $1 billion valuation. The company counts reputed names like Steadview Capital, Kalaari Capital, and Tencent among its investors.
Dhoni is a brand ambassador for Dream11 and was signed back in 2018. The tagline `Dimag se Dhoni´ proved to be an instant hit, and the move to get Dhoni on board was a game-changer for the company, as this association attracted millions of new players to the platform. Recently, the company has also signed up players like Rohit Sharma, Jasprit Bumrah, and Ravichandran Ashwin as its brand ambassadors.
In addition to cricket, Dream11 also allows players to create fantasy teams for sports like football, NFL, hockey, kabaddi, and basketball. Dream11 was the title sponsor of the recently concluded IPL tournament.
Is Dhoni owner of dream11? He has been closely associated with the brand but it was only a sponsorship deal and from all that we know, he is not an owner.