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Online fantasy sports sector records 3x revenue jump to Rs 2,400 Cr in FY20

Shortpedia

Content Team
Image Credit: shortpedia

Online fantasy sports startups such as Dream11, HalaPlay, MyTeam11, My11Circle among others have gained exponential growth in terms of user base and engagement in the past three-four years. The segment saw a remarkable surge in revenue and growth in FY20, according to a whitepaper released by the non-profit organization IndiaTech. Incepted in 2017, FIFS is a self-regulatory body which represents the online fantasy sports sector.