2019
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Sports Flashes
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Playo
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Dream11
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Next-Generation
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Detailed explanation-1: -In April 2019, Dream11 became the first Indian fantasy sport company to become a unicorn. In November 2021 Dream11 was valued at $8 billion. In December 2022, Dream11 had 160 million active users in India.
Detailed explanation-2: -Dream11 is the latest entrant-and the first gaming company-to India’s growing club of unicorns. Dream11 is the latest entrant-and the first gaming company-to India’s growing club of unicorns, or startups valued at over $1 billion.
Detailed explanation-3: -Mumbai-based fantasy gaming unicorn Dream11’s operating revenue grew over 50% to Rs 3,841 crore in FY22 from Rs 2,554 crore in FY21, according to its RoC filings.
Detailed explanation-4: -Dream11 Fantasy Private Limited is a Non-govt company, incorporated on 21 Jun, 2007. It’s a private unlisted company and is classified as’company limited by shares’. Company’s authorized capital stands at Rs 25.0 lakhs and has 5.5256% paid-up capital which is Rs 1.38 lakhs.
Detailed explanation-5: -1. MakeMyTrip. MMT became the first ever Unicorn in India in 2010.