
The app facilitates users with investment in gold and fixed deposits
Dream Sports, the parent entity of Dream11, has forayed into the investment tech space with the launch of Dream Money.
This comes after the company has shut down its real money gaming business to be in compliance with the Promotion and Regulation of Gaming Act, 2025.
The app, belonging to Dream Money listed on Google Play Store and App Store, has crossed more than 50,000 downloads.
The app facilitates users with investment in gold and fixed deposits. For its gold investments, Dream Money has partnered with digital gold platform Augmont. It also helps users with tracking their expenses by adding bank accounts, mutual funds and stocks in one place.
Real money gaming start-ups have paused their suspension of its cash contests and real-money gaming operations.
The Bill has also established stringent penalties and imprisonment not only for individuals and entities running or facilitating prohibited online money gaming services, but also extends these consequences to advertising and promoting such services, ensuring that the entire ecosystem supporting harmful online gaming faces comprehensive legal accountability.
Dream11 is seen as the biggest revenue contributor to Dream Sports, in comparison to its other offerings. The company has transitioned Dream11 into a free-to-play online social gaming platform. While the fantasy sports giant has paused its operations, its app continues to advertise Dream Money.
Apart from its online gaming platform Dream11, the parent entity continues to run other verticals, including FanCode, Dream Sports Foundation, DreamSetGo, Dream Cricket 25, Dream Capital and Sixer.
Founded by Harsh Jain and Bhavit Sheth in 2008, Dream11 has over 280 million users. It counts Tiger Global, ChrysCapital, Multiples and TCV among its backers. The firm was last valued at $8 billion in 2021.
Published on August 23, 2025