Dream11 plans to raise $200 Mn in funding at $2 Bn valuation
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Private equity firm Kedaara Capital has entered the fray as a potential investor in Dream11, a fantasy sports platform. The online gaming unicorn had announced its plans to raise $150-200 Mn in funding at a $2-2.2 Bn valuation before the coronavirus lockdown, however, it put those plans on a back burner. Kedaara will compete with other private equity firms which have already evaluated the investment opportunity.