Dream11 wakes up to $100m series D

Sep 10, 2018 • Thierry Heles

Tencent has led a $100m series D round for fantasy sports company Dream11, a deal that was first rumoured in April this year.

India-based fantasy sports platform Dream11 has raised $100m in a series D round led by internet company Tencent, Inc42 reported on Friday.

The round also included Kalaari Capital and Multiples Alternate Asset Management. Tencent had been reported to be considering an investment in Dream11 at a valuation of $400m to $450m in April this year, though the valuation was not confirmed.

Founded in 2012, Dream11 has created a platform for users to compete in fantasy sports covering football, basketball,…

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