Dream Sports is launching Dream Street, a new stock broking platform, to compete directly with dominant market players like Zerodha and Groww.
The new brokerage arm will be led by current Dream Sports Chief Product Officer Rahul Mirchandani as CEO.
This strategic pivot is driven by the need to diversify revenue streams after a 15% revenue drop and heavy regulatory hits to the real-money gaming sector.
Dream Sports aims to leverage its massive existing base of fantasy sports users, significantly lowering the high customer acquisition costs typical in the wealth tech industry.
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