# Dream Sports raises $400 million from TCV, D1 Capital, Falcon Edge, existing investors | Tech News (HT Tech) > This is the first investment of TCV in India, which has invested in global firms like Facebook, Airbnb and Godaddy. # Dream Sports raises $400 million from TCV, D1 Capital, Falcon Edge, existing investors ## This is the first investment of TCV in India, which has invested in global firms like Facebook, Airbnb and Godaddy. Aug 21 2022, 16:02 IST ![Follow on Facebook](https://images.hindustantimes.com/tech/static/revamp/images/png/follow-us-facebook.png) ![Follow on Facebook](https://images.hindustantimes.com/tech/static/revamp/images/png/follow-us-facebook-hover.png) ![Share](https://images.hindustantimes.com/tech/static/revamp/images/png/Share.png) ![Share](https://images.hindustantimes.com/tech/static/revamp/images/png/Shareclicked.png) ![Share on WhatsApp](https://images.hindustantimes.com/tech/static/revamp/images/png/whatsapp.png) ![Share on WhatsApp](https://images.hindustantimes.com/tech/static/revamp/images/png/whatsapp-hover.png) ![Share on Twitter](https://images.hindustantimes.com/tech/static/revamp/images/png/twitter.png) ![Share on Twitter](https://images.hindustantimes.com/tech/static/revamp/images/png/twitter-hover.png) ![Share on Facebook](https://images.hindustantimes.com/tech/static/revamp/images/png/facebook.png) ![Share on Facebook](https://images.hindustantimes.com/tech/static/revamp/images/png/facebook-hover.png) ![Bookmark](https://images.hindustantimes.com/tech/static/revamp/images/png/Bookmark.png) ![Bookmarked](https://images.hindustantimes.com/tech/static/revamp/images/png/Bookmarked.png) ![A homegrown Indian company founded in 2008 by Harsh Jain and Bhavit Sheth, Dream Sports is located in Mumbai and employs about 600 people.](https://images.hindustantimes.com/tech/img/2021/03/25/1600x900/dream_sports_1616638585158_1616638603890.jpg) A homegrown Indian company founded in 2008 by Harsh Jain and Bhavit Sheth, Dream Sports is located in Mumbai and employs about 600 people. (Dream Sports) ![Author Photo](https://images.hindustantimes.com/tech/static/revamp/images/png/HTTech-new-circle-logo.png) ### By PTI Sports technology and gaming firm Dream Sports has raised USD 400 million in a funding round led by private equity firm TCV, D1 Capital Partners and Falcon Edge. The round also saw participation from existing investors like Tiger Global, ChrysCapital, TPG Growth, Steadview Capital and Footpath Ventures, Dream Sports said in a statement. Falcon Edge Capital, co-founded by Navroz Udwadia, invested through Alpha Wave, which seeks out best-in-class global growth stage assets, the gaming firm said. Also read click here. This is the largest investment in the Indian sports tech ecosystem to date, the statement said. "This is a huge vote of confidence to the Indian start-up ecosystem. We have created the Fantasy Sports category in India to drive digital engagement to real-life sporting events and bring fans closer to the sport they love. "We are proud to continually contribute to the overall expansion of the Indian sports ecosystem," Dream Sports CEO and co-founder Harsh Jain said. A homegrown Indian company founded in 2008 by Harsh Jain and Bhavit Sheth, Dream Sports is located in Mumbai and employs about 600 people. TCV General Partner Gopi Vaddi said, "India is home to the world's largest and most energetic sports fan base with a dynamic mix that is unique to the subcontinent. Dream Sports is serving this community with a highly innovative product offering." Avendus Capital was the exclusive financial advisor to Dream Sports on the transaction, the statement said. Catch all the Latest Tech News, Mobile News, Laptop News, Gaming news, Wearables News , How To News, also keep up with us on Whatsapp channel,Twitter, Facebook, Google News, and Instagram. 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