Dream11 becomes India’s first billion-dollar gaming Startup

Dream11 has just become a Unicorn, that is a billion-dollar startup. Few exciting developments have made Dream11 to be India’s first gaming unicorn which has made it to the elite club of privately-held startups valued at $1 billion or more. Steadview Capital of London and Hong Kong has invested $60 million in Dream11, against a valuation of $1-$1.5 billion. Kalaari Capital, Multiples Alternate Asset Management and Think Investments have sold their existing equities in the company.