Meet male, who dealt with 150 rejections, developed Rs 64000 crore business, his dad is Mukesh Ambani’s …

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‘Effort never ever enters vain’ is not simply a stating; it is a set of golden words motivating millions. Extreme Jain is a living example of somebody who embodied this spirit, contradicting defeat even after dealing with duplicated rejections. His determination and belief ultimately moved him towards success, and he established a business with an appraisal of roughly Rs 64,000 crore (November 2021), referred to as Dream11.

Dream cricket, hockey, football, and different other video games discover their put on this platform. The journey to success for this business was not a smooth trip. Severe Jain, supervising style, tech, item, and marketing elements, and his partner Bhavit Seth dealing with operations, dealt with substantial difficulties in protecting financing. Severe himself confessed that after 2012, he approached almost 150 investor in 2 years to raise funds for the business, and each time, his concept dealt with rejection.

The year was 2008 when the Indian Premier League (IPL) began, marking the start of the journey for Harsh and Bhavit to deal with the concept of Dream11. Confronted with various rejections, the duo continued their efforts. The user base of the platform began proliferating around 6 years after the creation of Dream11. In 2014, the user count reached 1 million, and by 2018, it skyrocketed to 45 million. In simply the list below year, the platform doubled its user base, and currently, it hovers around 200 million users. In 2019, the business accomplished unicorn status, suggesting a market price surpassing 1 billion dollars (around Rs 8,100 crore).

With the increasing variety of users on the Dream11 platform, the business accomplished numerous other turning points. In 2020, it protected the sponsorship rights for the IPL, and presently, it holds the sponsorship for the Indian cricket group jersey also.

Extreme Jain is the child of popular company mogul Anand Jain, typically considered as the 3rd child of Dhirubhai Ambani in close circles with Mukesh Ambani. In 2013, Harsh Jain wed Rachana Shah, a dental practitioner, and the couple invited their kid Krish. Reports suggest that the couple purchased an elegant duplex home valued at Rs 72 crore in Peddar Road, south Mumbai, in 2021.

Born in Mumbai, Harsh finished his high school education in London and acquired a degree in electrical engineering from the University of Pennsylvania. Later on, he pursued an MBA from Columbia University. It was throughout an internship at Microsoft throughout his time at Columbia University that the concept of Dream11 was developed, altering his course permanently. The 36-year-old business owner holds a Master of Business Administration (MBA) from Columbia Business School at Columbia University.

In July 2010, Harsh co-founded Red Digital, a popular social networks firm based in Mumbai. In 2013, Gozoop, a Mumbai-based marketing company, got Red Digital. Showing his participation in the sports sector, Harsh presumed the function of President of the Federation of Indian Fantasy Sports in 2017.