Tech Start-ups & Stories

Harsh Jain teases new Dream11 app for end-December after gaming ban

By Karan BansalTech Startups Correspondent, Peepals Tech
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Dream11 co-founder Harsh Jain says a rebuilt Dream11 app launches at the end of December 2026, after India's 2025 ban on real-money online games.

What Happened

Harsh Jain, co-founder of Dream11, has said a rebuilt version of the app will launch at the end of December 2026. In a post on X, reported on 6 November 2026, he wrote that the new app is launching at the end of December, "by sports fans, for sports fans". He did not say what the app will offer. Dream11 was India's biggest real-money fantasy sports platform until the Promotion and Regulation of Online Gaming Act, 2025 banned online games played for money. Since then its parent, Dream Sports, has tried free fan-engagement products and shut several other ventures.

Key Facts

  • Announcement: a teaser on X by Harsh Jain, reported on 6 November 2026, saying a new Dream11 app launches at the end of December 2026.
  • His words: the new app is "by sports fans, for sports fans".
  • Undisclosed: features, business model, and whether it will include AI tools, creator features, subscriptions or new partnerships.
  • Background: the Promotion and Regulation of Online Gaming Act, 2025 prohibited online real-money games and restricted their promotion and advertising.
  • After the ban, Dream11 launched Watch Along, a free second-screen product for following live matches; Jain was reported to be targeting 50 million monthly users for it during the IPL season.
  • Shut down, as reported: Dream Money, FanCode's merchandise business, and the AI sports analytics app Dream Play.
  • Still running: FanCode (sports streaming), DreamCricket and the investment platform DreamStreet.
  • Leadership, as reported: Jain continues to lead Dream Sports, and Vaibhav Kokal was appointed chief executive of Dream11.

Why It Matters

Dream11 was one of India's best-known start-ups, built almost entirely on paid fantasy contests, where users pay an entry fee to pick teams of real players and win money based on how those players perform. The 2025 law ended that model overnight for the whole industry. How Dream11 rebuilds is being watched as a test of whether a large consumer app can survive the loss of its main source of revenue.

The teaser suggests a full relaunch rather than another add-on. A company that once earned from entry fees now has to find a different way to make money from the same sports fans: through advertising, subscriptions, sponsorships, or links to its other products such as the FanCode streaming service. Jain's description of an app built "by sports fans, for sports fans" points to community and fan content, but the company has not confirmed this.

For the wider start-up world, the story shows how regulation can reshape an industry. Dream Sports closing ventures such as Dream Money and Dream Play, while keeping FanCode and DreamStreet, shows a company narrowing its focus while it rebuilds its main brand.

Peepals timeline: The Promotion and Regulation of Online Gaming Act, 2025 banned online real-money games, ending Dream11's paid contests. Dream11 then launched the free Watch Along product, with a reported goal of 50 million monthly users during the IPL, and Dream Sports said it had "moved on from gaming". The group shut Dream Money, FanCode's merchandise arm and Dream Play. On 6 November 2026, Harsh Jain's post was reported, promising a new Dream11 app by the end of December.

Dream Sports businessStatus as reported
Dream11Relaunch planned for end-December 2026
FanCode streamingRunning
DreamCricketRunning
DreamStreet investmentsRunning
Dream MoneyShut
FanCode merchandiseShut
Dream Play analytics appShut

Impact

Short-term: Existing Dream11 users and investors will look for details on what the new app offers and how it will make money.

Long-term: If the relaunch finds a profitable model without paid contests, it could guide other gaming companies hit by the ban; if not, Dream Sports may lean more on FanCode and its other businesses.

Who is affected: Dream11's users, Dream Sports employees and investors, cricket boards and leagues that partner with fantasy platforms, advertisers, and other online gaming companies.

What to watch next: the new Dream11 app's launch at the end of December 2026 and the announcement of its features.

Key Takeaway

Dream11 co-founder Harsh Jain says a rebuilt Dream11 app will launch at the end of December 2026, after India's 2025 ban on real-money online games ended its paid contests.

Questions and Answers

What did Harsh Jain say about Dream11?

In a post on X, reported on 6 November 2026, Harsh Jain said a new Dream11 app is launching at the end of December 2026, "by sports fans, for sports fans". He did not give details.

Is Dream11 coming back with real-money contests?

Nothing announced suggests so. The Promotion and Regulation of Online Gaming Act, 2025 prohibits online real-money games, and the company has not disclosed the new app's features or business model.

Why did Dream11 stop paid contests?

The Promotion and Regulation of Online Gaming Act, 2025 banned online real-money games and restricted their promotion, which ended Dream11's paid fantasy contests.

Which Dream Sports businesses are still running?

According to reports, FanCode, DreamCricket and DreamStreet are still running, while Dream Money, FanCode's merchandise business and the Dream Play app have been shut.

Disclaimer: Prepared by the Peepals newsroom from publicly available sources with AI assistance. Information is accurate to the best of our knowledge at the time of publication and may change. Images may be representative. Not professional advice. Report an error via our contact page.

#Harsh Jain#Dream11#Dream Sports#online gaming act#FanCode

By Karan Bansal, Tech Startups CorrespondentCovers Tech Start-ups & Stories and more for Peepals Tech. All stories by Karan Bansal

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Karan Bansal is a pen name of the Peepals Global Editorial Team, which researches, fact-checks and publishes every story. The portrait is an illustration.

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