Serb Natlfed

Main Menu

  • Home
  • Serbian finance
  • Serbian banks
  • Serbian economy
  • Serbian loans
  • Financial affairs

Serb Natlfed

Header Banner

Serb Natlfed

  • Home
  • Serbian finance
  • Serbian banks
  • Serbian economy
  • Serbian loans
  • Financial affairs
Serbian banks
Home›Serbian banks›Synot Games Connects to BlueOcean Gaming in Next Generation Distribution Agreement

Synot Games Connects to BlueOcean Gaming in Next Generation Distribution Agreement

By Corey Owens
November 29, 2021
0
0


Reading time: 2 minutes

Dream sports, india leading company in the field of sports technologies with brands such as Dream capital, FanCode, Dream11, DreamSetGo, Dream game studios, and DreamPay in its portfolio, announced the completion of an investment of $ 840 million a tan 8 billion dollars valuation, led by Falcon Edge, DST Global, D1 Capital, RedBird Capital and Tiger Global. The cycle also saw the participation of existing investors such as TPG and Footpath Ventures, making it one of the world’s largest investments in the sports technology sector.

Dream Sports, with an existing user base of 140 million Indian sports fans, is on a mission to create one of the largest sports ecosystems in the world that includes sports content, commerce, experiences, employee engagement. fans (including sports games and esport), Web 3.0 solutions, Fantasy Sports and Fitness Tech. At the start of the year, Dream Sports further strengthened its commitment to this space by announcing a body of $ 250 million via its HVAC and M&A branch, Dream Capital. Dream Capital has built an initial portfolio of 10 companies, with a strong focus on thematic start-up investments in India, including Fittr, SoStronk, KheloMore and Elevar. Dream Capital is now expanding its sports, fan engagement and fitness portfolio by India and globally.

Commenting on the investment, Harsh Jain, CEO and Co-Founder, Dream Sports said, “Our vision and mission is to create a virtuous cycle of investment, innovation and wealth creation led by entrepreneurs for all stakeholders in the sports ecosystem, from fans to athletes, teams and to leagues. Our investors have extensive experience in developing sports ecosystems globally, and we are fortunate to have their advice on “making sport better” for 1 billion Indian sports fans. “

“We are delighted to partner with the Dream Sports family in their vision to create the leading end-to-end sports technology company. India,” noted Rahul mehta, Managing Partner at DST Global. “We are very impressed with their customer-centric approach, their product strategy and their ability to strengthen the bonds between fans and their favorite sports. “

A local company founded in 2008 by Harsh Jain and Bhavit Sheth, Dream Sports is located at Bombay and employs nearly 1,000 “Sportans”.

Avendus Capital was Dream Sports’ exclusive financial advisor on the transaction.

Related


Related posts:

  1. Large feathers escape wildfire in Los Angeles County as evacuations are ordered
  2. American Idol contestant quits show after racist video aired
  3. Republicans vote to remove Rep. Liz Cheney from GOP leadership
  4. Biden says jobs offered to unemployed must accept them or lose benefits

Categories

  • Financial affairs
  • Serbian banks
  • Serbian economy
  • Serbian finance
  • Serbian loans

Resent Posts

  • The toppled Bulgarian government is a blow to EU enlargement hopes
  • CEE MARKETS-Crown stable as markets expect another big rate hike
  • CEE MARKETS-FX, stocks driven by global mood at risk
  • Synchrony Financial (NYSE:SYF) upgraded to buy on StockNews.com
  • EEX and CROPEX set to deploy Croatian electricity futures contracts in the first quarter of 2023

Archives

  • June 2022
  • May 2022
  • April 2022
  • March 2022
  • February 2022
  • January 2022
  • December 2021
  • November 2021
  • October 2021
  • September 2021
  • August 2021
  • July 2021
  • June 2021
  • May 2021
  • April 2021
  • March 2021
  • Privacy Policy
  • Terms and Conditions