Gaming
Team Top-G wins DOTA 2 NESC 2023
Mumbai: Displaying exceptional teamwork and stellar gameplay, Team Top-G prevailed in the National Esports Championships (NESC) 2023, organized by the Esports Federation of India (ESFI), and qualified for the regional qualifiers of the Global Esports Games (GEG) 2023. The team will now battle it out against Malaysia and Mongolia in the regionals to secure their berth in the global finals in Riyadh, Saudi Arabia.
Under the leadership of Manav Kunte (mnz), the squad comprising Krish Gupta (Krish-), Khaja Hussain (Pinkman), Ketan Goyal (Evil-ash), Vishal Vernekar (Hbk) and substitute Darshan Bata (A35) toppled The Mob by 2-0 in the best-of-three finals. Team Top-G had also represented India in the Asian qualifiers of DOTA 2 for the 15th World Esports Championships earlier this year.
Expressing his enthusiasm for the victory, Top-G team captain Manav Kunte said, “Winning the NESC 2023 for the second time this year is a surreal feeling. Securing our spot in the regional qualifiers for GEG23 is a testament to the hard work, dedication, and skill set of every team member. We want to express our gratitude to ESFI for providing the platform for us to represent India on the global stage and we are determined to make our nation proud.”
The first game of the finals witnessed both teams going neck-to-neck with Top-G edging out their opponents by 51-32 to take the lead. The second game however was thoroughly lopsided and Top-G comfortably overpowered The Mob by 24-6 to be crowned champions. The squad’s prominent players Vishal and Ketan were also part of the historic DOTA 2 team that clinched the bronze medal at the Commonwealth Esports Championships in 2022.
“We congratulate Team Top-G on their brilliant performance in the NESC 2023. By successfully qualifying for the regional qualifiers of two of the biggest Esports tournaments in the world, they have established themselves as the best DOTA 2 team in the country. We are confident that their remarkable talent will help the country ace the regional qualifiers and make their mark in Riyadh,” commented Esports Federation of India director & Asian Esports Federation (AESF) VP Lokesh Suji.
The Global Esports Games 2023 (GEG23) is scheduled to take place from 11 to 16 December and will feature a total of four major titles: DOTA 2, Street Fighter, eFootball 2023, and PUBG Mobile with all participants being above the minimum age of 18, to ensure a fair and competitive environment. India will be participating in three of the four titles in the Open category – DOTA 2, eFootball 2023, and Street Fighter 6.
One of the country’s top sports and esports communication agencies, Artsmith-Concepts & Visions, will continue its support to the Esports Federation of India as their official communication partner.
Following the conclusion of the national qualifiers for DOTA 2, the qualifiers for eFootball 2023 and Street Fighter 6 will kick off on 9 September.
The NESC’23 will be played in a double-elimination format. The exciting action from the Championships will be streamed live on ESFI’s official YouTube and Facebook pages.
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.
