Dream11 India's biggest Fantasy Sports startup is in the final round to receive funding from global private equity firms TPG, Advent, James Murdoch’s Lupa Systems and homegrown Chrys Capital.

The Mumbai-based startup founded by Harsh Jain and Bhavit Sheth is a gaming platform having more than 70 million users and is also the official fantasy gaming partner for the Indian Premier League(IPL) and the Board of Control for Cricket in India(BCCI).

The company will be raising $150-200 million in its latest funding which

will be the greatest achievement for the company and will be a secondary sale of shares that will give an exit to Vani Kola led Kaalari Capital.

In the last 12 months, this will be the second time when the three early investors of Dream11 sell shares in the Company. Last year in April, Hong Kong and London-based investment firm Stead view Capital took up a stake in Dream11 for an estimated $60 million, introducing it into the unicorn club or companies with valuations of more than $1 billion. Avendus Capital is the financial advisor on the deal.

In April 2019 the company has lifted almost more than $100 Mn from its investors and joined the Unicorn club.

In the last 12 months, this will be the second time when the three early investors of Dream11 sell shares in the Company. Last year in April, Hong Kong and London-based investment firm Steadview Capital took up a stake in Dream11 for an estimated $60 million, introducing it into the unicorn club or companies with valuations of more than $1 billion. Avendus Capital is the financial advisor on the deal.

In April 2019 the company has lifted almost more than $100 Mn from its investors and joined the Unicorn club.