Dream11 close to raising $500 mn funding led by Tiger Global: Report

Tiger Global Management is likely to lead a $500 million funding round in fantasy gaming platform Dream11, Livemint reported. Tiger could spend around $200 million to buy new shares as well as shares of early investors at a $2.5 billion valuation. With this investment, Dream11 will be worth more than double its $1.1 billion valuation in April 2019, Livemint reported.