Dream Sports, the parent company of fantasy sports giant Dream11, is entering a brand-new chapter. With India tightening its rules around real-money gaming, the company is steering its energy toward the world of fintech through its new app—Dream Money.
The app, available on both Google Play Store and Apple App Store, has already crossed 50,000 downloads since its August 18 update. Designed to be a one-stop solution for personal finance, Dream Money helps users invest in digital gold, fixed deposits, and track their daily expenses, stocks, and mutual funds. Its digital gold services come in partnership with Augmont, while fixed deposits are powered by banks and NBFCs such as Suryoday Small Finance Bank, Shivalik Small Finance Bank, Shriram Finance, and fintech partner Upswing.
What makes the app attractive is its low entry barrier—users can start a SIP with as little as ₹10 per day, while FDs begin at ₹1,000 and don’t even need a traditional bank account. Expense tracking is AI-powered, with financial insights provided by SEBI-registered adviser Sigfyn.
Dream11 Suspends Paid Contests
The move comes just as Dream11 has completely shut down all its paid contests. Instead, the platform has transitioned to a free-to-play, social gaming model, ensuring compliance with India’s latest online gaming regulations. Dream11, which started 18 years ago, has grown into the world’s largest fantasy sports platform, but with the new ban on real-money games, it had little choice but to adapt.
In its official statement, Dream Sports said it remains committed to operating within the law, while also expressing hope that forward-looking regulations could have allowed the industry to thrive.
Why the Shift to Fintech Matters
The timing of Dream Money’s launch is significant. With popular platforms like MPL, Rummy Circle, WinZO, PokerBaazi, and A23 also suspending their paid offerings, Dream Sports is using its brand recognition and massive user base to explore finance and investment services instead of relying solely on gaming.
This shift not only protects the company from regulatory uncertainty but also opens the door to long-term growth in India’s booming fintech space. By making investments affordable and easy to access, Dream Sports is trying to build a new kind of relationship with its audience—helping them grow their wealth instead of just spending on games.
The Bigger Picture
Founded in 2008 by Harsh Jain and Bhavit Sheth, Dream Sports has grown into a sports-tech powerhouse backed by global investors like Tiger Global, ChrysCapital, Multiples, and TCV. Valued at $8 billion in 2021, the company already runs a strong portfolio including FanCode, DreamSetGo, Dream Game Studios, and the Dream Sports Foundation.
With Dream Money, the company is expanding beyond sports into the financial world—marking a bold step to stay relevant as the gaming landscape changes in India.
In short, as fantasy gaming faces new roadblocks, Dream Sports is betting big on finance. Whether Dream Money can repeat the success story of Dream11 remains to be seen, but one thing is clear—the company is not afraid to reinvent itself.
