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Dream Sports to enter stock broking with launch of new platform Dream Street
Fantasy gaming giant pivots to wealth management to tackle recent market hurdles
MUMBAI: Dream Sports, the parent company of the prominent sports platform Dream11, is officially entering the stock broking industry. The Mumbai-based firm is launching a new platform called Dream Street, marking a significant diversification as it prepares to compete with established fintech players such as Groww and Zerodha.
The strategic move follows a challenging period for the group. Following a ban on real-money gaming in August 2025, the company has been under pressure to establish fresh revenue streams. Dream Sports began laying the groundwork for a financial services portfolio last year with the launch of Dream Money, and this latest venture signals a deeper commitment to the wealth management sector.
This expansion is part of a broader restructuring. Dream Sports co-founder Harsh Jain confirmed to Moneycontrol that the company has secured all necessary licences. The platform is currently undergoing internal testing, with a public launch expected to take place shortly.
The leadership team for Dream Street consists of experienced internal executives. Dream Sports chief product officer Rahul Mirchandani will lead the brokerage as ceo. He is joined by co-founders Karan Bansal and Nikhil Lalvani. Within the new structure, Dream Street chief business officer Karan Bansal will oversee operations, while Dream Street chief product officer Nikhil Lalvani will manage the technical development.
Financial reports indicate that this shift in strategy follows a period of contraction. For the 2025 financial year, Dream11 reported a 15 percent decline in revenue to Rs 6,759 crore. The company also moved from a profit of Rs 1,295 crore in 2024 to a loss of Rs 479 crore in 2025. While one-time tax expenses and director benefits contributed to the loss, the regulatory changes to its core gaming business have necessitated a search for more stable growth.
By leveraging its massive existing user base, Dream Street aims to convert sports fans into retail investors. The company is betting that its experience in high-traffic digital platforms will allow it to capture a significant share of the retail broking market as it builds out its broader financial services ecosystem.
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Manoj Kohli joins Adobe International Advisory Board to steer AI shift
Former Airtel CEO to guide global clients through digital and AI transformation
NEW DELHI: Manoj Kohli, former India head of SoftBank and ex-CEO of Bharti Airtel, has joined the Adobe International Advisory Board, signalling Adobe’s continued push to help businesses navigate the fast-evolving AI landscape.
The advisory board, set up in 2021, brings together global leaders to guide organisations through technological and strategic change. Kohli’s appointment adds nearly five decades of leadership experience spanning telecom, technology, renewable energy and digital innovation.
Currently chairman and managing partner at MK Knowledge LLP, Kohli advises CEOs and founders across Asia Pacific, the Middle East and the United States. He is also actively involved in mentoring and teaching leadership at global business schools.
Speaking on the appointment, Manoj Kohli said, “I’m delighted to join the Adobe International Advisory Board to work with customers at this pivotal time when AI is rapidly transforming how customers discover and engage with brands, and reshaping how enterprises operate and create value. Adobe has consistently enabled organisations to enhance creativity and productivity, and orchestrate personalised experiences to drive growth. I look forward to contributing my perspective and working closely with fellow leaders to help shape their next era of growth.”
Welcoming him to the board, Adobe president JAPAC Ben Goodman said, “India is one of the fastest-growing digital markets in the world, and organisations are increasingly looking to AI and digital experience technologies to drive innovation and growth. Manoj’s extensive leadership experience and strong focus on excellence and integrity will be invaluable for our customers as they navigate complexity, unlock new growth opportunities, and deliver exceptional experiences at scale.”
Kohli previously led SoftBank’s India operations, overseeing more than $15 billion in investments across high-growth companies such as Ola, OYO, Zomato, Lenskart, Meesho, Flipkart, Swiggy and Delhivery. His tenure at Bharti Airtel saw the telecom giant expand from two million to over 400 million customers, cementing its position as a global player.
With digital transformation accelerating across industries, Adobe is betting on seasoned leaders like Kohli to help clients translate strategy into sustained growth. His appointment underscores a broader trend where experience meets innovation, as companies look to balance legacy strengths with future-ready thinking.
