Dream Sports, the parent of Dream11, is set to enter the stockbroking space with a new platform, Dream Street, as it looks to diversify beyond gaming and compete with players such as Groww and Zerodha.
The move builds on its financial services push through Dream Money, launched in August 2025, which signaled the company’s entry into wealth management with investment and advisory offerings. Dream Street is expected to target retail investors and leverage Dream Sports’ large user base built via its fantasy sports ecosystem.
Moneycontrol, which first reported the development, said Harsh Jain confirmed that the company has secured all required licences and is internally testing the product, with a public launch expected soon.
According to the report, Dream Sports’ chief product officer Rahul Mirchandani will lead the brokerage arm as CEO.
The development follows a restructuring exercise at Dream Sports. The firm reorganised operations into multiple independent units after over 100 executives exited. The shift aimed to create new revenue streams as regulatory changes affected its core real money gaming business.
The push came after a ban on real money gaming in August 2025 disrupted revenues and led the company to focus on investments and wealth products.
Dream11’s revenue from operations declined 15% year-on-year to Rs 6,759 crore in FY25 from Rs 7,934 crore in FY24. Notably, FY25 closed months before the ban on real money gaming. During the period, the firm slipped into losses, reporting a Rs 479 crore loss in FY25 compared to a Rs 1,295 crore profit in FY24, due to a one-time tax expense and director benefits.
-entrackr