Dream Sports, the parent company of Dream11, is expanding its offerings by venturing into the stockbroking sector with the introduction of a new platform called Dream Street. This strategic move aims to diversify the company’s portfolio beyond gaming and position it to compete with established players like Groww and Zerodha.
The launch of Dream Street follows Dream Sports’ recent foray into financial services with Dream Money, a wealth management platform introduced in August 2025. By leveraging its extensive user base cultivated through its fantasy sports ecosystem, Dream Street is expected to cater to retail investors.
According to Moneycontrol, the first to report this development, Dream Sports has obtained all necessary licenses and is currently in the testing phase, anticipating a public release in the near future. Rahul Mirchandani, the chief product officer at Dream Sports, is set to lead the brokerage arm as its CEO.
This initiative comes as Dream Sports undergoes a restructuring effort prompted by regulatory changes that impacted its core real money gaming business. Following a ban on real money gaming in August 2025, which led to revenue disruptions, the company has shifted its focus towards investment and wealth products.
In financial terms, Dream11 experienced a 15% year-on-year decline in revenue, dropping to Rs 6,759 crore in FY25 from Rs 7,934 crore in FY24. This decline occurred before the ban on real money gaming, resulting in a Rs 479 crore loss in FY25 compared to a Rs 1,295 crore profit in FY24, attributed to a one-time tax expense and director benefits.
Source: Entrackr : Latest Posts