Dream11 parent set to enter stock broking space

27 Mar 2026, 02:39 PM

The Mumbai-based company has secured all necessary regulatory approvals and is currently testing its product internally.

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Dream Sports, the company behind fantasy sports platform Dream11, is set to enter the stock broking space with Dream Street, the Moneycontrol reported citing CEO Harsh Jain.

The Mumbai-based company has secured all necessary regulatory approvals and is currently testing its product internally.

At the helm of Dream Street will be Dream Sports' chief product officer Rahul Mirchandani as CEO, joined by Karan Bansal and Nikhil Lalvani, both from Dream11's product division.

Dream Street intends to target retail investors in smaller cities. Jain believes AI can bridge this gap, giving everyday investors access to the kind of portfolio monitoring and personalised guidance usually reserved for clients of top-tier global investment banks.

This isn't Dream Sports' first financial services venture. The company launched Dream Money back in May 2025, starting with gold and fixed deposits before expanding into mutual funds and loans through partnerships with firms like ICICI Prudential and Incred Finance.

Last year, Dream Sports was jolted by the Indian government’s blanket ban on real-money gaming, dealing a sharp blow to the company.

Dream Sports' entry into stock broking comes at a time when the industry already has established new-age players such as Zerodha and Groww and broking units of banks including ICICI Securities and HDFC Securities.

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