He had also won the Dubai Duty Free Millennium Millionaire draw in 2016, when he split the prize money with nine other friends. “We want to go public as a sports tech company”, says Dream Sports CEO Harsh Jain on Dream11’s IPO plans, even as diversification plans are afoot with DreamSetGo and DreamX. With the overhaul of India’s GST regime, food delivery companies Zomato and Swiggy stare at a new tax burden. The ETtech team has been neck-deep preparing for the past few months to bring you the 11th edition of The Economic Times Startup Awards (ETSA).
Industry leaders envision India becoming a global hub for game development and esports talent, potentially leading to Olympic success. Kunal Bahl notes a surge in new startups after the real-money gaming ban. Talent from the RMG sector is launching ventures, seeking guidance from Titan Capital.
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The Board of Control for Cricket in India invites bids for the Indian national team’s lead sponsor. Interested companies can purchase the IEOI document for a fee. The last date to buy the document is September 12, 2025.
Raise Securities Private Limited also known as Dhan is only an order collection platform that collects orders on behalf of clients and places them on BSE StarMF for execution. We are bullish on India, we are bullish on India’s prospects to be one of the largest economies in the world. We believe that the stock market provides a unique opportunity for all of India’s traders and investors to participate in the growth story of the country. Veteran investor Samir Arora suggests that recent FPI outflows from India are not indicative of a structural shift. He attributes the selling to private equity investors booking profits from IPOs, rather than a negative view on the Indian market. Arora highlights a global shift towards non-US markets, benefiting India.
The BCCI seeks a new lead sponsor for the national cricket team after Dream11’s exit due to the government’s ban on money-based gaming. With a soft advertising market, the board has invited expressions of interest, setting a high eligibility bar and excluding firms in betting, crypto, and certain other sectors. The Board of Control for Cricket in India has increased match fees. This follows Dream11’s departure due to the Online Gaming Act, 2025.
BigBasket top brass churn; RMG ban pain manifests
Bids are invited, excluding real money gaming and crypto companies. The BCCI has confirmed the conclusion of its ₹358-crore jersey sponsorship agreement with Dream11. This decision follows the enactment of the Promotion and Regulation of Online Gaming Bill, 2025, which led Dream11 to discontinue its real money gaming activities. BCCI Secretary Devachit Saikia stated that the board will refrain from associating with similar organizations in the future. The Rajya Sabha passed the Online Gaming Bill 2025 by voice vote, despite opposition protests. The bill seeks to ban money-based online games, promote e-sports and social gaming, and proposes penalties of up to three years’ jail and Rs 1 crore fines.
- The future of Pokerbaazi’s operations remains uncertain.
- Behind the colourful interfaces, dopamine-triggering sound effects, and promises of easy money lies a carefully engineered system designed to keep players betting until they lose all.
- The agreement, valued higher than Dream11’s previous contract, will see the Apollo Tyres logo on the jerseys of both the men’s and women’s national teams across all formats.
- The very first product is @DhanHQ awaiting early access & also can’t wait to see other Products.
Key players like Suryakumar Yadav, Shubman Gill, and Jasprit Bumrah participated, with Bumrah’s return to T20Is keenly observed after a break. IPL chairman Arun Dhumal affirmed the BCCI’s adherence to the government’s policy of restricting bilateral cricket ties with Pakistan amidst ongoing tensions. He also addressed the search for a new sponsor following Dream11’s exit and anticipated clarity on the next BCCI president soon. Yes, you can create private tables to play with friends or join public tables to compete with other players. However, you can buy extra chips and in-game items through in-app purchases. Realme has launched ludo bonus a Game of Thrones Limited Edition of its 15 Pro smartphone, inspired by the iconic HBO series.
Dream11 parent testing app to foray into financial services under DreamSuite Finance
Many past sponsors like Sahara and Byju’s faced financial or legal issues. Despite the ‘jersey jinx,’ the sponsorship remains highly desirable. CEO Harsh Jain said Dream11 will not challenge the ban on real money gaming that wiped 95% of its revenue. Hike, the 13-year-old startup founded by Kavin Bharti Mittal, is shutting down following the Indian government’s ban on real money gaming. Despite a promising start for its US business, scaling globally after the ban would require a significant reset. Apollo Tyres has emerged as the front-of-jersey sponsor for the Indian cricket team, securing the rights with a ₹579 crore bid, surpassing Canva and JK Cement.
· Lottery Analyst
Modern traders & investors require an online trading platform that helps them keep up with the technological advancements of our time. That’s why we’re building Dhan – to help you trade, to help you invest, and to help you participate in India’s growth stock via the stock market with awesome features and an incredible experience. Dream11’s three-year sponsorship deal with BCCI has also comes under cloud due to the proposed ban on real money gaming. Meanwhile, Ranbir Kapoor, Aamir Khan, Mahendra Singh Dhoni, Shubman Gill and other celebrities endorsing gaming platforms have started to pull away with the sector under regulatory lens. The legislation aims to curb harmful practices, promote responsible gaming, and foster a healthy environment for e-sports and online social games while addressing illegal offshore gaming applications. India’s cricket economy anticipates a significant setback.