Dream Sports Sign Dev Bajaj as Chief Corporate Development Officer

Dream11 owner Dream Sports have announced that Dev Bajaj has joined the company from Kal🐽aari Capital.

Bajaj will take up the role as chief corporate development officer, having previously worked as a ve🎃nture capital partner in charge of evaluation and management of early funding across multiple sectors.

These included fintech, gaꦕming, and sportste🍸ch, and Bajaj's wealth of experience also includes stints in private equity and investment banking in the USA.

His new portfolio will include leading investment and driving global strategic partnerships i🃏n fantasy sports, gaming and other related areas. Bajaj also successfully founde🔥d and built the agtech start-up MITRA.

Working closely with the leaders of Dream Sports various brands such as Dream11, FanCode and DreamX, 🐬Bajaj will advise on future funding and strategic business planning.

Harsh Jain, co-founder and CEO of Dream Sports, was : "Dev's extensive and versatile experience as an investor and entrepreneur꧙ over the last decade will help us further build the sports ecosystem in India. With a strong passion for sports, I am sure that Dev will be invaluable in identifying strategic partners and scaling potential s💫ports businesses.

“While Dream11 continues to grow rapidly, Dream Sports is hiring over 250 talꦛented people this year and actively expanding its portfolio of sp🐈orts businesses. In the last year, we launched FanCode, a multi-sport aggregator platform with 15 million users already, and DreamX, a sports accelerator powering several new start-ups."

Bajaj said: "With $5.5 billion invested in sports tech in Asia, India leads the way with 40% of all sports tech start-ups in Asia, but has received less than 10% of the funding. Dream Sports can address this gap by helping entrepreneurs with capital ไand digital-product-first DNA.

"Therefore, we believe there are multiple early and growth-stage investment opportunities for us within fantasy sports, gaming and the broader sportstech ecosystem. In my new role, I ai🎃m to ensure that start-ups and mid-stage companies find Dream Sports a valuable investor and partner."

Last year Dream11 entered the unicorn club, a term used for start-ups with a valuation of over U💛S$1 📖billion.

GLAWS published an exclusive interview with Dream11 CEO Harsh Jain in June 2018 where he discussed the company's explosive ꧙growth, which shows no sign of slowing down.