Dream Sports, the parent of Dream11, is set to enter the stock broking industry with the launch of Dream Street, as the company looks to diversify its revenue streams and compete with platforms like Groww and Zerodha.
The move builds on the company’s financial services expansion through Dream Money, launched in August 2025, and is aimed at tapping into retail investors by leveraging its large fantasy sports user base.
According to reports, co-founder Harsh Jain confirmed that the company has secured all required licences and is currently testing the platform internally, with a public rollout expected in the near term.
Dream Street will be led by Rahul Mirchandani as chief executive officer. He will be joined by Dream11 product leaders Karan Bansal as chief business officer and Nikhil Lalvani as chief product officer.
The development follows a broader restructuring within Dream Sports, where the company reorganised its operations into multiple independent units after over 100 executives exited. The shift was aimed at building new revenue channels amid regulatory changes affecting its core real-money gaming business.
The urgency to diversify increased after a ban on real-money gaming in August 2025 disrupted the company’s core revenue stream, pushing it to accelerate its focus on financial services and wealth management offerings.
Financially, Dream11 reported a 15 percent year-on-year decline in revenue from operations to Rs 6,759 crore in FY25, down from Rs 7,934 crore in FY24. The company also reported a loss of Rs 479 crore during the year, compared to a profit of Rs 1,295 crore in FY24, primarily due to a one-time tax expense and director-related costs.
The entry into stock broking marks a significant step in Dream Sports’ strategy to evolve beyond gaming and strengthen its position in the broader financial services ecosystem.
