Harsh Jain

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Harsh Jain
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Born
Mumbai, Maharashtra
NationalityIndian
EducationBachelor of Engineering and MBA
Alma materColumbia Business School
OccupationCEO and Co-founder of Dream Sports and Dream11
EmployerDream Sports
Spouse(s)Rachana Jain
Parents
  • Anand Jain (father)
  • Sushma Jain (mother)
AwardsYoung Entrepreneur Award by All India Management Association (AIMA)

Harsh Jain is an Indian entrepreneur and investor. He is the co-founder and CEO of Dream Sports, a sports technology company that owns brands such as Dream11, FanCode, Dream Capital, DreamSetGo, Dream Game Studios and Dream Foundation.[1][2] He is currently the chairman of the Internet and Mobile Association of India.[3][4][5]

Early life and education

Jain was born in Mumbai to Anand Jain, a leading businessman and Chairman of Jai Corp Limited; and Sushama Jain, a wildlife artist.[6][7] He completed his schooling from Sevenoaks School. He later pursued a degree in engineering from the University of Pennsylvania and has an MBA from Columbia Business School.[8][9]

Career

Dream Sports and Dream11

In June 2008, Jain co-founded Dream11 with Bhavit Seth.[10][11] Dream11 provides a fantasy gaming platform for multiple sports such as fantasy cricket, football, basketball, kabaddi, hockey, volleyball, handball and baseball.[12][13][14]

In April 2019, Dream11 became the first sports technology unicorn in India.[15][16][17]

In November 2021, Dream Sports, parent company of Dream11 became $8 billion company.[18][19]

In 2022, Dream11 had 160 million active users in India.[20]

Red Digital

In July 2010, Jain also co-founded Red Digital, a social media agency which was acquired by GoZoop in July 2013.[21][22]

Federation of Indian Fantasy Sports

In September 2017, Jain became the President of Federation of Indian Fantasy Sports, governing body for fantasy sports in India.[23]

Awards and recognition

In August 2019, Jain was featured in The Economic Times 40 under Forty list of India's top business leaders.[24]

In December 2019, Jain was awarded Newsmaker of the Year by The Indian Express.[25][26]

In June 2021, Jain was also featured in Fortune India 40 under 40 list.[27]

In April 2022, Jain received the Young Entrepreneur Award by All India Management Association (AIMA) in it's 12th edition of the AIMA Managing India Award.[28]

Personal life

Jain is married to Rachana Jain, a dentist. They have two sons.[29]

References

  1. ↑ "Dream11 Turned Fantasy (gaming) Into Reality. Now It's Eyeing A Diversified Sports Tech Future". Forbes India. Retrieved 2023-07-18.
  2. ↑ "Dream Sports CEO Harsh Jain gives a peek at their NFT ambitions & diversification strategy". Moneycontrol. 2022-01-07. Retrieved 2023-07-18.
  3. ↑ "Dream11's Harsh Jain to be IAMAI's new Chairman". www.thehindubusinessline.com. 2023-05-25. Retrieved 2023-07-17.
  4. ↑ "Indian firms oust Big Tech companies from IAMAI in poll coup". The Economic Times. 2023-05-26. ISSN 0013-0389. Retrieved 2023-07-17.
  5. ↑ "Dream11's Harsh Jain is IAMAI's new chairperson; Rishad Premji took 50% salary cut in FY23". The Economic Times. Retrieved 2023-07-18.
  6. ↑ "Meet Harsh Jain, refused to give up after his business idea was rejected 150 times, built Rs 65,000 crore company". DNA India. Retrieved 2023-07-18.
  7. ↑ "Call of the Wild". The Indian Express.{{cite news}}: CS1 maint: url-status (link)
  8. ↑ "Meet Harsh Jain, refused to give up after his business idea was rejected 150 times, built Rs 65,000 crore company". DNA India. Retrieved 2023-07-18.
  9. ↑ "Harsh Jain, Bhavit Sheth of Dream11: Living the dream". India Today. Retrieved 2023-07-18.
  10. ↑ Tong, Goh Chiew (2022-12-23). "A sports tech startup lost millions — then made it big. Here's how its millennial founders staged a comeback". CNBC. Retrieved 2023-07-20.
  11. ↑ "Decoding Dream11". Forbes India. Retrieved 2023-07-20.
  12. ↑ "How to setup your Dream11 app and earn money during this IPL 2018". The Indian Express. 2018-04-13. Retrieved 2023-07-20.
  13. ↑ Gooptu, Biswarup; Barman, Arijit (2018-04-19). "Internet giant Tencent in advanced talks to invest $100 million in Dream11". The Economic Times. ISSN 0013-0389. Retrieved 2023-07-20.
  14. ↑ "Dream11 is a proud homegrown brand, says Harsh Jain". www.thehindubusinessline.com. 2020-08-19. Retrieved 2023-07-20.
  15. ↑ Gooptu, Biswarup (2019-04-09). "Steadview investment catapults Dream11 into Unicorn league". The Economic Times. ISSN 0013-0389. Retrieved 2023-07-20.
  16. ↑ "Dream 11 becomes India's first gaming unicorn with investment from Steadview Capital". Business Today. 2019-04-09. Retrieved 2023-07-20.
  17. ↑ Tewari, Saumya (2019-04-09). "Dream11 enters unicorn club with investment from Steadview Capital". mint. Retrieved 2023-07-20.
  18. ↑ "Dream Sports bags $840 million at $8 billion valuation". The Economic Times. 2021-11-24. ISSN 0013-0389. Retrieved 2023-07-20.
  19. ↑ "Dream 11 parent Dream Sports raises $840 mn at valuation of $8 bn". Business Standard.
  20. ↑ Tong, Goh Chiew (2022-12-23). "A sports tech startup lost millions — then made it big. Here's how its millennial founders staged a comeback". CNBC. Retrieved 2023-07-20.
  21. ↑ Tong, Goh Chiew (2022-12-23). "A sports tech startup lost millions — then made it big. Here's how its millennial founders staged a comeback". CNBC. Retrieved 2023-07-20.
  22. ↑ "They launched a fantasy sports company at 22. It's now worth $8 billion". CNBC. Retrieved 2023-07-20.
  23. ↑ "Fantasy Sports Industry Hails Regulatory Certainty, Believes It Will Help Propel Growth". News18. 2023-03-04. Retrieved 2023-07-20.
  24. ↑ "Winners 2019 - 40 under Forty: Celebrating Young Leaders". The Economic Times. Retrieved 2023-07-20.
  25. ↑ "It's all about smart solutions: Felicitating the best in India's IT in Mumbai today". The Indian Express. 2019-12-13. Retrieved 2023-07-20.
  26. ↑ "Express IT Awards: It's all about smart solutions". FE Tech Bytes. 2019-12-13. Retrieved 2023-07-20.
  27. ↑ "Harsh Jain, Bhavit Sheth - India's Young & Brightest Entrepreneurs in 40 Under 40 2021 - Fortune India". www.fortuneindia.com. Retrieved 2023-07-20.
  28. ↑ "AIMA's 12th Managing India Awards 2022". www.aima.in. Retrieved 2023-07-20.
  29. ↑ "Call of the Wild". The Indian Express. 2018-08-23. Retrieved 2023-07-20.

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