India Digest: Dream11 eyes $300m funding; Impact Analytics raises $11m

Photo: Pixabay

Dream Sports, which owns the online fantasy sports company Dream11, is in talks with several investors for a fresh $300 million funding round. Separately, Impact Analytics has raised $11 million led by Argentum Capital Partners.

Dream11 eyes $300m fresh funding

Dream Sports, which owns the online fantasy sports company Dream11, is in talks with several investors, including Abu Dhabi’s Alpha Wave Incubation managed by Falcon Edge, to raise $300 million in a fresh funding round, The Economic Times reported on Tuesday.

Existing investors including China’s Tencent Holdings, Kalaari Capital, and Multiples Alternate Asset Management are looking to exit the company via a secondary sale of shares. The funding is expected to value the company at $4 billion, the report said.

Last September, Dream Sports had raised $225 million in a financing round led by New York investment firm Tiger Global Management, TPG Tech Adjacencies (TTAD), homegrown private equity firm ChrysCapital, and Footpath Ventures.

Impact Analytics raises $11m

AI-driven software-as-a-service (SaaS) solutions provider Impact Analytics has raised $11 million in a Series A funding round led by Argentum Capital Partners IV, LP., The Economic Times reported.

As part of the funding, Walter Barandiarán, Argentum’s managing partner, will join Impact’s board of directors.

The business intelligence and data science company caters to retail, financial services, education, pharma, and other sectors. It had last raised $750,000 led by venture capital firm Aarin Capital in October 2016. Headquartered in Maryland, Impact Analytics has offices in Los Angeles, New York, and Bangalore.

Singapore Reporter/s

In Singapore, we are looking to double our reporting team by this year-end to comprehensively cover the fast-moving world of funded startups and VC, PE & M&A deals. We want reporters who can tell our readers what is really happening in these sectors and why it matters to markets, companies and consumers. The ability to write precisely and urgently is crucial for these roles. Ideal candidates must have to ability to work in a collaborative, dynamic, and fast-changing environment. We want our new hires to be digitally savvy and ready to experiment with new forms of storytelling. Most importantly, we are looking for hard-hitting reporters who work well in a team. Collaboration and collegiality are a must.

Following vacancies can be applied for (only in Singapore).

Following vacancies can be applied for (only in Singapore).   

  • A reporter to track companies/startups that have raised private capital, and have the potential to become unicorns. SEA currently has over 40 companies with a valuation of over $100 million and under $1 billion.
  • A reporter who can get behind the scenes and reveal how funding rounds are put together, or why they’ve failed to materialise. She/he in this role will largely focus on long-format stories. 
  • A journalist to track special situations funds, distressed debt and private credit (from the PE angle) across Asia.

Singapore Reporter/s

In Singapore, we are looking to double our reporting team by this year-end to comprehensively cover the fast-moving world of funded startups and VC, PE & M&A deals. We want reporters who can tell our readers what is really happening in these sectors and why it matters to markets, companies and consumers. The ability to write precisely and urgently is crucial for these roles. Ideal candidates must have to ability to work in a collaborative, dynamic, and fast-changing environment. We want our new hires to be digitally savvy and ready to experiment with new forms of storytelling. Most importantly, we are looking for hard-hitting reporters who work well in a team. Collaboration and collegiality are a must.

Following vacancies can be applied for (only in Singapore).

Following vacancies can be applied for (only in Singapore).   

  • A reporter to track companies/startups that have raised private capital, and have the potential to become unicorns. SEA currently has over 40 companies with a valuation of over $100 million and under $1 billion.
  • A reporter who can get behind the scenes and reveal how funding rounds are put together, or why they’ve failed to materialise. She/he in this role will largely focus on long-format stories. 
  • A journalist to track special situations funds, distressed debt and private credit (from the PE angle) across Asia.