Gaming
Sarc Global teams up with Nodwin Gaming
MUMBAI: Level up and play big! India’s esports industry just got a power boost. Sarc Global, a strategic advisory and consulting firm, has joined forces with Nodwin Gaming, south Asia’s leading esports company, to turbocharge the country’s competitive gaming scene. The alliance is designed to push esports into the mainstream, with plans ranging from promoting tournaments and unlocking sponsorships to driving esports-friendly policies with government support.
The move dovetails with prime minister Narendra Modi’s Viksit Bharat vision, giving esports a policy tailwind as states like Maharashtra, Bihar and Rajasthan draft pro-gaming frameworks. “This partnership is an important step towards unlocking the true potential of esports in India,” said Nodwin Gaming CEO Gautam Singh Virk. “We’re bridging the world of competitive gaming with the business and policy frameworks that will allow it to thrive.”
Sarc Global will bring its expertise in investment facilitation and cross-border partnerships, while Nodwin leverages its deep roots in esports, youth culture and intellectual properties. Together, the duo aims to create a future-ready ecosystem that blends entertainment, regulation and opportunity.
The timing couldn’t be sharper. The Online gaming act, 2025, now offers regulatory clarity, incentives for infrastructure and clear safeguards for young audiences. A recent FICCI-EY report notes that brand participation in esports will rise from 68 in 2024 to 75 in 2025, fuelled by bigger tournaments and growing youth engagement.
As sponsorships, prize pools and large-scale youth campaigns gather momentum, the Sarc Global–Nodwin partnership is set to redefine India’s role in global esports. From boardrooms to battle arenas, the game has only just begun.
Gaming
Dream Sports sees 100 plus exits after gaming ban forces overhaul
Company splits into eight units as real money gaming law hits revenue.
MUMBAI: For a company built on fantasy leagues, reality has suddenly rewritten the rulebook. More than 100 employees have exited Dream Sports, the parent of Dream11, after the company reorganised its operations following India’s ban on real money online gaming. The shake up came after the Promotion and Regulation of Online Gaming Act, 2025 came into force in August 2025, prohibiting games where users deposit money expecting winnings. The regulation struck at the heart of the fantasy gaming industry and dramatically affected Dream Sports’ core business, wiping out about 95 percent of its revenue and all of its profits.
In response, the Mumbai based company shifted into what chief executive officer Harsh Jain described as “startup mode”, splitting its operations into eight independent business units in December.
Around 700 employees were reassigned across these newly formed ventures based on their experience and interests. However, roughly 15 percent opted to leave the company.
A spokesperson for Dream Sports said many of those who exited were experienced professionals accustomed to running scaled businesses rather than early stage ventures.
“Since some of these employees were experienced with running high scale businesses and not startups, around 15 percent chose to leave and join other scaled companies or start ventures of their own,” the spokesperson said.
Despite the departures, the company noted that the attrition rate is only slightly higher than its earlier level of around 10 percent before the ban. Dream Sports now has close to 950 employees and is not currently hiring, choosing instead to focus on stabilising its existing workforce.
The restructuring has transformed Dream Sports from a fantasy gaming company into a broader sports entertainment platform. The eight units now operate independently, each focusing on different segments of the sports and technology ecosystem.
These include Dream11, sports streaming platform Fancode, sports travel service DreamSetGo, mobile game Dream Cricket and artificial intelligence initiative Dream Sports AI, which includes sports analytics platform Dream Play.
Other ventures include fintech product Dream Money, open source initiative Dream Horizon and the philanthropic arm Dream Sports Foundation.
As part of cost saving efforts, Dream Sports also relocated its headquarters from Bandra Kurla Complex to Worli earlier this year. The new office, called Dream Sports Stadium, brings teams from its various brands together under one roof to improve collaboration and operational efficiency.
Jain had earlier said the company removed bonus lock in timelines for employees hired in recent years, allowing those who wished to leave to exit with pro rata payouts.
“We want people who are fully into the startup mode and willing to work for it, and we will share that reward if it comes,” he said.
Founded in 2008 by Harsh Jain and Bhavit Sheth, Dream Sports was last valued at 8 billion dollars after raising 840 million dollars in 2021 from investors including Falcon Edge Capital, DST Global, D1 Capital Partners, RedBird Capital Partners, Tiger Global Management, TPG and Footpath Ventures.
The new gaming law has forced several companies in the fantasy gaming sector to either shut down or pivot their business models, signalling a significant reset for one of India’s fastest growing digital entertainment industries.
