Quick Take
- Dream Sports has launched DreamStreet, a SEBI-registered stock broking platform, on May 4, 2026.
- The platform targets India’s first-time investors using an AI companion called Veda and SEBI-registered analysts.
- DreamStreet is Dream Sports’ second fintech product after Dream Money, launched in October 2025.
Dream Sports, the parent company of fantasy sports giant Dream11, has officially entered stock broking with the launch of DreamStreet, a SEBI-registered investing platform built for first-time retail investors. The Mumbai-based company announced the product on May 4, 2026, marking another step in its post-real-money-gaming (RMG) pivot.
Dream Sports Launches DreamStreet at a moment when the company is rebuilding from scratch. India’s Parliament banned all real-money online gaming in August 2025 under the Promotion and Regulation of Online Gaming Act, 2025, wiping out an estimated 95% of Dream Sports’ revenue overnight. In FY25, the company reported a net loss of Rs 478.9 Cr, reversing a net profit of Rs 1,295.3 Cr in FY24. Revenue fell 14.8% to Rs 6,759.3 Cr. With $840 Mn still in its bank from its 2021 funding round, Dream Sports has the runway to rebuild — and DreamStreet is its most visible bet yet.
StartupFeed Insight
Dream Sports is not just pivoting — it is attempting a full identity transplant. The RMG ban did not merely shrink revenues; it erased the core business model. What makes DreamStreet strategically interesting is not its product features, which Groww and Zerodha largely already offer, but its distribution thesis. Dream Sports controls one of the largest verified-identity, mobile-first user bases in India, with over 250 Mn registered users concentrated heavily in Tier 2 and Tier 3 cities — the exact cohort that traditional broking platforms have not cracked. If even 1% of that base opens a demat account on DreamStreet, that is 25 Lakh new clients, enough to rank among India’s top 10 brokers. Founders, wealthtech investors, and incumbent brokers should all be watching closely. Expect DreamStreet to announce its first client milestone within 6 months, and a formal marketing push targeting non-metro cities by Q3 2026. — StartupFeed Desk
Why Dream Sports Launches DreamStreet Now: The Product Breakdown
At launch, DreamStreet offers investments in stocks and ETFs, along with Futures and Options (F&O) trading. IPO access is expected in the coming weeks. The platform’s centrepiece is Veda, an AI investing companion that gives users market insights and analysis. DreamStreet also integrates guidance from SEBI-registered Research Analysts (RAs) and Investment Advisers (IAs), combining human expertise with AI-driven tools.
The platform is led by Rahul Mirchandani, Dream Sports’ former Chief Product Officer, who now serves as CEO of DreamStreet. Karan Bansal joins as Chief Business Officer and Nikhil Lalvani as Chief Product Officer. The entity operating the platform is Finverse Platform Private Limited, a subsidiary of Dream Sports’ parent Sporta Technologies Private Limited.
Who Is DreamStreet Built For?
Dream Sports has been explicit: DreamStreet targets investors who have stayed away from markets due to complexity or a lack of confidence. With India’s demat account base growing from 4 Cr in 2020 to over 22 Cr by early 2026, the next wave of growth must come from Tier 2 and Tier 3 India — and that is exactly where Dream11’s user base lives.
| Detail | Information |
|---|---|
| Platform Name | DreamStreet |
| Parent Company | Dream Sports (Sporta Technologies Pvt. Ltd.) |
| Operating Entity | Finverse Platform Private Limited |
| Launch Date | May 4, 2026 |
| Products at Launch | Stocks, ETFs, F&O; IPOs coming soon |
| AI Feature | Veda — AI investing companion |
| CEO, DreamStreet | Rahul Mirchandani (former CPO, Dream Sports) |
| Dream Sports User Base | 250 Mn+ registered users |
The most significant detail in this table: DreamStreet is being run as an independent entity with its own C-suite, consistent with Dream Sports’ startup-within-a-startup model announced in December 2025.
About Dream Sports
Dream Sports is a Mumbai-based sports and entertainment company founded in 2008 by Harsh Jain and Bhavit Sheth. Best known for fantasy sports platform Dream11, the company reached an $8 Bn valuation in 2021 after raising $840 Mn from investors including DST Global, Redbird Capital, TPG, Tiger Global, and D1 Capital. Post the RMG ban in August 2025, Dream Sports now operates eight independent verticals including FanCode, DreamSetGo, Dream Money, and DreamStreet, targeting a combined user base of 250 Mn+ registered accounts.
How Does DreamStreet Compare to Competitors?
DreamStreet enters a crowded market. Groww currently leads with approximately 1.29 Cr active clients and a 28.22% retail market share as of FY26. Zerodha and Angel One follow closely, each with mature product suites and years of regulatory track record.
| Platform | Estimated Active Clients | Key Differentiator |
|---|---|---|
| Groww | 1.29 Cr (28.22% market share) | Simple UI, mutual fund-first |
| Zerodha | ~65 Lakh active clients | Advanced tools, active traders |
| Angel One | ~55 Lakh active clients | Research + advisory hybrid |
| DreamStreet | Newly launched | 250 Mn+ Dream Sports user base, AI companion Veda |
DreamStreet’s edge — if it materialises — will not come from lower fees or better charting tools. It will come from converting sports-engaged non-metro users who have never opened a demat account.
What’s Next
IPO investing and additional product capabilities are expected within weeks. Watch for DreamStreet’s first publicly disclosed client count by Q3 2026 — that number will tell us whether Dream Sports’ distribution thesis is real or theoretical. Can a fantasy sports company rewrite the rules of India’s retail investing market?
Frequently Asked Questions
What is DreamStreet and who launched it?
DreamStreet is a SEBI-registered stock broking platform launched by Dream Sports, the parent company of Dream11, on May 4, 2026. The platform offers investments in stocks, ETFs, and F&O trading, with an AI companion called Veda to guide users. It is operated by Finverse Platform Private Limited, a Dream Sports subsidiary.
Why did Dream Sports launch DreamStreet?
Dream Sports launched DreamStreet as part of its pivot away from real-money gaming after India’s Parliament banned all RMG under the Promotion and Regulation of Online Gaming Act in August 2025. The ban wiped out approximately 95% of Dream Sports’ revenue. The company is now using its 250 Mn+ user base to build a financial services platform, of which DreamStreet is the broking vertical.
How does DreamStreet compare to Groww and Zerodha?
DreamStreet is newly launched and has no publicly disclosed client base yet, while Groww leads the market with approximately 1.29 Cr active clients and a 28.22% market share as of FY26. Zerodha and Angel One are also established players with millions of active clients. DreamStreet’s primary differentiator is its access to Dream Sports’ 250 Mn+ registered users, many of whom are first-time investors from Tier 2 and Tier 3 cities.
Have a tip? Write to us at editorial@startupfeed.in.
