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L&L helps Tencent invest $100m in Dream11 fantasy sports

Fantasy sports platform Dream11 has raised around $80-100 million round from Tencent Holding, said two sources close to the development. The Mumbai-based company was in talks with the Chinese conglomerate for the investment round from past couple of months.

L&L Partners advised Tencent investment led by a team of partner Vaibhav Kakkar with managing associate Sumithra Suresh and senior associate Rishabh Shah.


Deal value: $100m

This deal report is based on a firm's press release and may be only partially complete. Some firms or names of advisers may be therefore be missing.

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