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Dream11 Parent Shifts Focus to Personal Finance With Launch of Dream Money App After Gaming Ban

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Mumbai: After the Online Gaming Bill received presidential assent, Dream Sports, the parent company of Dream11, announced a strategic pivot into financial technology with the launch of its new personal money management app, Dream Money.

The move comes in the wake of a nationwide ban on all online money games, which forced Dream11 to shut down its paid contests. The company stated on Friday that it has now fully transitioned into a free-to-play online social gaming platform, in compliance with the Promotion & Regulation of Online Gaming Law, 2025.

Dream Sports said Dream Money will serve as a financial planning and investment tool for users. The app is currently being piloted and aims to help people manage their income, savings, and investments.

According to reports, Dream Money will allow users to invest in gold through a partnership with digital gold trading platform Augmont. It will also enable systematic investment plans (SIPs) starting at just ₹10, with options for daily or monthly contributions.

In addition, users can open fixed deposits starting from ₹1,000 without requiring a bank account. The deposits, offered in collaboration with small finance banks such as Suryoday Small Finance Bank, Shivalik Small Finance Bank, and Slice Small Finance Bank, will remain liquid with the option of withdrawal at any time.

The app will also integrate AI-powered advisory services by SEBI-registered investment advisor Sigfyn, giving users tools to track spending, monitor income, and manage investments in mutual funds and stocks.

Dream Sports emphasized that the shift marks a new phase for the company, one that prioritizes financial literacy and accessible money management over real-money gaming.

All news on Encounter News is computer-generated and sourced from third parties. Please read and verify carefully. We will not be responsible for any issues. 

Encounter News
Encounter News
Encounter Media Group, Punjab

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