Dream Sports Set to Acquire Gaming Start-up SoStronk

Dream Sports, owner𒅌 of leading fantasy sports platform Dream11🐈, is reportedly in advanced discussions to buy Bengaluru-based e-sports platform SoStronk, according to industry sources quoted exclusively in .

SoStronk, founded in 2016, has B2B and B2C arms. For businesses, it ♛acts as an entity running major online and offline tournaments, as well as providing technology infrastructure, sup▨port, and production to esports tournaments.

Under its B2C business, SoStronk offers s♚ervices to competitive gamers under subscription.

The company last raised an undisclosed amount from Inflect𒐪ion Point Ventures (IPV) in 2019, and no figures have yet been revealed about how much Dream Sports is willing to pay.

Dream Sports is flush with cash having recently secured US$225 million in funding, which gives the firm a tot𒁏al value exceeding US$2.5 bil🐽lion.

And according to the Moneycontrol report, Dream Sports is in negotiation with four to five🦄 oဣther gaming and tech startups.

"The overall budget lined up for all these acquisitions is♊ in the range of $10-15 million", said one of the🅺 sources quoted in the article.