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Dream11 to enter broking as gaming ban hits revenue
Mint Kolkata
|October 28, 2025
tor on India’s largest bourse NSE, asper exchange and brokerage data.
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The stock broking ambition comes on the back of news reports of the company entering wealth management. In August, Dream 1] CEO Harsh Jain told Moneycontrol that “the only way to deal with 95% ofyourrevenue being gone is tobuildnew productsthat you can monetize in the future.”
It couldn't be determined whether the entity would offer discount broking like Groww or Zerodha, or full services, though one broker said it would bea discount broking model.
Backed by marquee investors such as Tencent, Steadview Capital, Tiger Global, TPG, Chrys Capital, TCV and Alpha Wave Global, Dream waslast valued at $8 billion. It has raised more than $1.5 billion in funding across rounds since its inception in 2008.
This story is from the October 28, 2025 edition of Mint Kolkata.
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