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TCV, D1 Capital and Falcon Edge Lead USD400m Investment in India’s Dream Sports; Kalaari and Multiples Exit

Technology Crossover Ventures (TCV), D1 Capital Partners and Falcon Edge Capital led a USD400m investment in Dream Sports, the India-based owner of online fantasy sports app Dream11, at a reported USD5b valuation. The round facilitated an exit for Kalaari Capital and Multiples Alternate Asset Management and saw participation from existing investors Tiger Global Management, ChrysCapital, TPG Growth, Steadview Capital and Footpath Ventures. Read more