Dream Capital is equipped with $250m from daily fantasy sports provider Dream Sports and will invest in sports, fitness and gaming technology.

India-based fantasy sports game operator Dream Sports has launched a corporate venture capital arm called Dream Capital with $250m in cash, the Economic Times reported today.

Dream Sports runs Dream11, an online fantasy sports game that allows users to assemble teams for individual rounds of league games in sports such as cricket or football in order to win money.

The newly formed fund will invest in early-stage companies across areas such as gaming, sports and fitness technology, and the deals…

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Robert Lavine

Robert Lavine is special features editor for Global Venturing.