Mumbai-based fantasy gaming platform Dream11 has raised $225 million in fresh funding from Tiger Global, TPG Tech Adjacencies, ChrysCapital and Footpath Ventures. The 2020 IPL title sponsor's valuation reportedly hit $2.5 billion, from $1.1 billion in April 2019. Earlier, it was also reported that Tencent's 10.9% stake in Dream11 is set to decrease after the funding.