Dream Sports, India’s sports tech company with brands such as Dream Capital, FanCode, Dream11, DreamSetGo, Dream Game Studios, and DreamPay in its portfolio, has announced the completion of an investment of $840 Million at an $8 Billion valuation, led by Falcon Edge, DST Global, D1 Capital, RedBird Capital and Tiger Global. The round also saw…
Owner of sports platform – Dream11, Dream Sports has raised $400 million in secondary investment. TCV, Falcon Edge and D1 Capital Partners led the funding round. Existing investors – Tiger Global, Footpath Ventures, TPG Growth, ChrysCapital, and Steadview Capital also participated in the funding round. Falcon Edge Capital has invested through Alpha Wave. “This is…
Zupee, a Gurugram-based real money gaming platform, announced it has raised $8 million Series A funding led by Matrix Partners India. Other investors that took part in the funding round include Falcon Edge Capital, WestCap Group, Orios Venture Partners and Zupee’s early stage investor Smile Group. The company will use the funds to increase the…
US-based investment firm Falcon Edge Capital has raised $300mn India-focused venture capital fund Alpha Wave Incubation (AWI). The fund is anchored by investors from UAE and an undisclosed entity of the Government of Abu Dhabi. According to a report by The Economic Times, AWI is in the final stages of closing the corpus and is…
Bounce, an Indian scooter rental start-up, has raised an additional $105mn from Accel Partners and B Capital Group. The latest round is part of the ongoing Series D funding round. The company was founded by Vivekananda H.R., Anil G, and Varun Agni in 2014. Other investors who participated include Sequoia Capital India, Chiratae Ventures, Maverik…
Falcon Edge Capital, a New York-based hedge fund, has raised $45.7 mn for its first India-focussed fund called Falcon Edge India I LP. Falcon Edge India I LP is a pooled investment fund that will primarily focus on private equity investments in India. So far, the fund has 9 investors on board. As per their…