Private Equity Fund News
Dream Sports launches $250-M fund to invest in startups
Source Mint (opens in a new tab)
Dream Sports, which owns fantasy sports platform Dream11, has allocated USD 250 million to its corporate venture capital and acquisitions arm, Dream Capital, to invest in sports, gaming and fitness-tech startups. The evergreen fund will be financed from the balance sheet of Dream Sports, which also operates sports streaming platform, Fancode, sports experiences platform DreamSetGo and payment platform DreamPay. The fund is stage-agnostic and will back startups right from early to late stage.