What Is The Daily Turnover of Dream11?

What is the daily turnover of dream 11? In this blog we talk about deatils about what is the daily turnover of dream 11. Bhavit Sheth and Harch Jain are the co-founder. Accoridng to the turnover Dream 11 always under in profits. This platform earn profit of Rs. 188 crore for FY23 as compared to Rs142 crore in FY22.

In the year 2020, the expenses for the company have risen to Rs 1867 crores. It has been a huge and stupendous profit in 2020 as compared to 2019.

Around 71% of the total expenses, Rs 1328.02 crores were spent on advertising by Dream 11. They created promotion campaigns and spent money on employee benefits which increased to Rs 153.21 crores that are 133.6%.

Harsh Jain and Bhavit Sheth, the co-founder, and chief executive officer of the company say that Dream11 was already under profits where the company was looking out for diversity.

He speaks to one of the leading sports portals about the venture, “We want to redeploy our EBITDA and re-invest further into inorganic growth because, while organic growth continues, we don’t want to fall into that age-old trap of trying to do everything ourselves.”

The speaker mentioned their company’s goal of diversification and building a new entity similar to Alphabet, with a focus on creating market-leading products in the world of sports, comparable to YouTube, Gmail, and Google Maps. The aim is to move beyond their existing core business.

Dream11 has reached the heights of fantasy gaming where they feature several games like cricket, hockey, kabaddi, and more.

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