FanCode Raises Funding $50M From Dream Sports
- ByStartupStory | May 28, 2021
Fancode raises funding $50 million from parent Dream Sports’ investment arm, Dream Sports Investments (DSI)
Digital sports platform, FanCode raises funding to use the new funding to drive its growth plans, with an aim to garner a user base of more than 100 million by July next year, it looks to expand its reach and have a deeper connect with its customer base.
“FanCode is transforming the way sports are consumed online by focusing on long-tail sporting events and personalisation of content, commerce, and sports statistics across all sports. We are happy to support FanCode’s efforts in scaling up the business and making sports more accessible to over 800 million fans in India,” Harsh Jain, CEO and Co-Founder of Dream Sports, said, regarding Fancode raises funding from Dream Sports.
Thisexpansion would mean looking at expanding its user base across a multi-sport platform besides hiring engineering and product development talent.
Yannick Colaco, Co-Founder of FanCode, said in respect to Fancode raises funding, “The funding from Dream Sports will help us enhance our existing offerings and invest in further innovation in the sports tech domain as we scale up to our goal of growing to a user base of 100 million sports fans by July next year.
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