Dream11 parent Dream Sports splits into 8 'startups' after gaming ban.

• Dream Sports split into eight 'startups' after a real-money gaming ban wiped out 95% of its revenue.
• The restructuring includes units like FanCode, DreamSetGo, Dream Cricket, Dream Sports AI, and a revamped Dream11.
• Each new 'startup' will function independently and can raise external capital, with Dream Sports aiming to remain majority owner.
• Dream Sports redistributed 800 employees across the new entities and plans no layoffs, citing a 3-4 year financial runway.
• Dream11's app was revamped into a sports entertainment platform, featuring livestreams, creators, and in-app currency (DreamBucks).

Why It Matters: Dream Sports' split into 8 startups reveals a strategic pivot after a gaming ban.