StopDownOpen the app

Launch · Financial Services

Dream Sports launches stock broking platform DreamStreet

By ·

Date
Company
Dream Sports
What it does
Fantasy sports and fintech company
Kind
Launch
Sector
Financial Services

What they do

Dream Sports runs fantasy sports platform Dream11 and other brands

What happened

It launched DreamStreet, a SEBI-registered stock broking platform for stocks, ETFs, and F&O

Why it matters

The move follows a pivot to financial services after the 2025 ban on real money gaming

The details

  • Dream Sports launched a stock broking platform called DreamStreet.
  • DreamStreet is SEBI-registered and allows investments in stocks, ETFs, and F&O.
  • It includes an AI investing companion named Veda and AI-powered data insights.
  • DreamStreet also offers guidance from SEBI-registered analysts.
  • The platform targets first-time investors and those hesitant due to complexity.
  • IPO access is expected to be added soon.
  • Rahul Mirchandani is Co-Founder and CEO of DreamStreet.
  • Karan Bansal and Nikhil Lalvani hold key leadership roles at DreamStreet.

The bigger picture

  • Dream Sports previously launched Dream Money in August last year for mutual funds, gold, SIPs, fixed deposits, and personal loans.
  • The company pivoted to financial services after the Centre banned real money gaming in August 2025.
  • Dream Sports reorganized into multiple independent units after over 100 executives exited.
  • Dream11's operating revenue declined 14.8% to ₹6,759.3 Cr in FY25, and Dream Sports reported a net loss of ₹478.9 Cr in FY25.
  • The top line was hit due to 28% GST on real money gaming.

About the business

  • Dream Sports owns brands including Dream11, FanCode, DreamSetGo, Dream Horizon, Dream Play, Dream Money, Dream Sports Foundation, and DreamStreet.
  • Dream11 is a fantasy sports platform where users create virtual teams and win prizes.
  • Dream Money offers mutual funds, gold, SIPs, fixed deposits, and personal loans.
  • DreamStreet is a stock broking platform for stocks, ETFs, and F&O with an AI companion Veda.
  • The company aims to leverage its non-metro user base for fintech products.
  • DreamStreet aims to increase demat account penetration in India.

What happens next

  • DreamStreet expects to add IPO access soon.
  • Dream Sports aims to leverage its non-metro user base for fintech products.
  • DreamStreet aims to increase demat account penetration.

The deal

Type
launch

Founders

  • Rahul Mirchandani, Co-Founder and CEO of DreamStreet

Other articles talking about it

Read it as a card in the app

More on Dream Sports

Everything on Dream Sports →

Same day

All startup news on 5 May 2026 →