| Bio/Wiki | |
|---|---|
| Full name | Harsh Anand Kumar Jain [1]Zauba Corp |
| Profession | Entrepreneur |
| Famous For | Being the co-founder and Culture Enforcement Officer (CEO) of the Indian fantasy sports platform Dream11 |
| Physical Stats & More | |
| Height (approx.) | in centimeters– 170 cm in meters– 1.70 m in feet & inches– 5’ 7” |
| Eye Colour | Black |
| Hair Colour | Black |
| Personal Life | |
| Date of Birth | Year 1986 |
| Age (as of 2021) | 35 Years |
| Birthplace | Mumbai, Maharashtra, India |
| Nationality | Indian |
| Hometown | Mumbai, Maharashtra, India |
| School | Sevenoaks High School, England (2001-2003) |
| College/University | • University of Pennsylvania (2003-2007) • Columbia Business School, Columbia University (2012-2014) |
| Educational Qualification(s) | • Bachelor of Science in Electrical Engineering from the University of Pennsylvania • Master of Business Administration (MBA) from Columbia Business School, Columbia University [2]LinkedIn- Harsh Jain |
| Controversy | In 2017, a petition was filed against Harsh’s company Dream11 in the Rajasthan High court stating that Dream11 was a a play of sheer chance involving betting on the cricket team. The Rajasthan court ruled that a win or lose in Dream11 game depended solely on the skill and knowledge of the player. The court further said that “the element of skill” had a predominant influence on the outcome of the Dream11 game. However, the law has barred fantasy sports in a few Indian states like Assam, Odisha, Telangana, and Andhra Pradesh. Later, the company challenged Rajasthan High court’s decision in Supreme Court, which dismissed the appeal and allowed the company to run its operations throughout the country. [3]The Hindu |
| Relationships & More | |
| Marital Status | Married |
| Marriage Date | Year 2013 |
| Family | |
| Wife/Spouse | Rachana Shah Jain |
| Children | Son– Krish Daughter– None |
| Parents | Father– Anand Kumar Jain (businessman) Mother– Sushma Jain (painter) |
| Siblings | Brother– None Sister– Neha Jain |
| Favourites | |
| Beverage | Coffee |
| Travel Destination | Spain |
| Sport | Football |
| Football Team | Manchester United |
| IPL Team | Mumbai Indians |
| Money Factor | |
| Salary (approx.) | Rs. 4 crores per annum (as of 2021) [4]EnTrackr |
Some Lesser Known Facts About Harsh Jain
- As of 2021, Harsh Jain, an Indian businessman, is recognized as the co-founder and Chief Executive Officer (CEO) of Dream11, an Indian fantasy sports platform.
- Harsh was raised in a prosperous family in Mumbai.
- In 2007, Anand Jain, his father, secured the 19th position in the Forbes list of India’s 40 wealthiest individuals. Frequently recognized as the third offspring of Dhirubhai Ambani, his father is often referred to by this title.
- Since childhood, Harsh has had a natural inclination towards sports and was a member of his school’s football team.
- Harsh spent three months as a summer intern at Microsoft during his last year of graduation. During his time there, he was responsible for assessing the feasibility and commercial advantages of Microsoft’s entry into the Push-To-Talk (PTT) marketplace.
- He became a Marketing Manager at Jai Corp. Limited, Mumbai, his father’s firm, in 2007.
- Harsh Jain, along with Bhavit Sheth, founded the Indian fantasy sports platform Dream11 in 2008, combining his love for gaming, sports, and technology. Currently, Harsh Jain is present at the Dream11 office along with Bhavit Sheth.
- In 2010, he founded Red Digital, a social media agency, which quickly attracted major Indian and international companies such as Dell, Adidas, PVR, Berger Paints, EduComp, and Reliance Foundation as clients within a span of two years.
- Red Digital was acquired by Gozoop, a marketing agency based in Mumbai, in 2013.
- In 2017, Harsh assumed the position of President at the Federation of Indian Fantasy Sports.
- Jain’s Dream11 currently boasts approximately 70 million registered users and 10 million paid users as of 2021.
- Dream11 is the flagship brand of Dream Sports, which is a leading company in the sports industry. Other notable brands under the Dream Sports umbrella include FanCode, a popular digital multi-sports platform in India. Additionally, Dream Capital serves as the corporate venture capital and M&A arm of Dream Sports. KheloMore is a convenient one-stop destination for sports enthusiasts looking for various venues such as cricket grounds, football turfs, and badminton and tennis courts. DreamSetGo is India’s pioneering platform for premium customized sports travel and experiences. DreamX operates as a sports accelerator, offering support and resources to budding sports entrepreneurs. Lastly, the Dream Sports Foundation is the philanthropic arm of Dream Sports, dedicated to assisting deserving individuals and organizations in need.
- During his free time, Jain finds pleasure in exploring new places and engaging in football matches. Additionally, he derives satisfaction from bonding with his pet dogs at his residence in Lonavala.
- During the period of anti-China sentiment in India caused by COVID-19, Harsh made an announcement stating that Dream11 would refrain from seeking financial backing from Chinese investors in the future. It was revealed that in March 2021, Tencent Holdings Ltd., a Chinese multinational, held a 10% stake in Jain’s Dream11. [5] This information was reported by The Economic Times.
- During an interview, Harsh discussed the inception of the fantasy sports website. He explained that his passion for fantasy football (EPL) since 2001 led him to search for a platform to play fantasy cricket online when the IPL started in 2008. Surprisingly, there was no such platform in India, despite the country’s cricket-crazed population of 800 million followers. This realization motivated Harsh and his co-founder, Bhavit, to create a solution. After years of experimentation, they successfully developed a product called Dream11 in 2012, which offered single-match freemium fantasy cricket. Over time, Dream11 expanded to cater to a wide range of sports fans in India. The platform experienced remarkable growth, with user numbers increasing from 300,000 in 2015 to an astounding 38 million in 2018.
- According to reports, Jain’s Dream11 has emerged as the inaugural Indian gaming company to achieve unicorn status, denoting its valuation exceeding $1 billion as a privately held startup.
- The Times of India reported that in August 2020, Dream11 acquired the title sponsorship rights of the Indian Premier League for Rs. 2.2 billion, taking over after Vivo’s departure. [6]
- From a young age, Harsh harbored a deep affection for dogs. As a child, he frequently took it upon himself to provide nourishment to the stray animals residing near his residence. During his teenage years, he made an attempt to welcome a stray cat into his home with the intention of offering her a forever home. Regrettably, his endeavor did not yield the desired outcome.
- The initial pet he received from his parents was a beagle named Simba. Unfortunately, Simba’s life was cut short at the age of 5 due to severe health complications. Fast forward to 2021, he is now the proud owner of four dogs: two beagles and two alsatians.
- Raksha Foundation, an NGO based in Mumbai, was established by Harsh and his wife Rachana in 2020. Their primary objectives include offering free education to disadvantaged children and advocating for animal welfare.
- The Economic Times reported that in November 2021, Rachana, the wife of Harsh, made a purchase of a luxury duplex located at 33 South, Peddar Road, South Mumbai for a staggering amount of Rs. 72 crores.
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