- Dream11, an Indian fantasy sports platform, has announced plans to establish an innovation lab in New York. The lab will focus on exploring new technologies and trends in the sports and gaming industries.
Harsh Jain, the CEO and co-founder of Dream11, spoke about the company's plans at TechSparks, an annual event for startups and entrepreneurs in India. Jain emphasized the importance of innovation in maintaining Dream11's position as a leader in the fantasy sports market.
The New York innovation lab will complement Dream11's existing technology center in India, which currently employs over 500 engineers. The company plans to hire additional talent for the lab in New York, with a focus on machine learning, data analytics, and other emerging technologies.
Dream11 has seen significant growth in recent years, with over 100 million users in India alone. The company has also expanded into other markets, including the United States and the United Kingdom. The establishment of the innovation lab in New York is part of Dream11's continued efforts to stay ahead of the competition and remain at the forefront of innovation in the sports and gaming industries.
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