Fantasy gaming startup in talks to raise $100 mn: Reports
Mumbai-based fantasy gaming startup Dream11 is in talks to raise $100 million from China's Tencent, according to reports. The funding might peg the startup at a valuation of $400-$450 million. Founded in 2012, Dream11 allows users to create their own team of real-life players from upcoming sports matches, score points based on their on-field performance, and compete with other users.