Dream Sports activities chief know-how officer Amit Sharma is stepping down after practically a decade on the firm to start out an AI startup.

Sharma introduced the transfer in a LinkedIn submit, stating it was time to maneuver on to his “subsequent journey” after what he described as a “great decade” at Dream Sports activities.

He joined the corporate in 2016 after spending about 12 years in the USA, the place he labored at firms together with Netflix and Yahoo.

“I joined Dream11 when it was only a 45-person firm with a 20-member tech group. For the primary time, I used to be given the chance to mix my ardour for sports activities with my occupation in tech. Through the years, we scaled that tech group to 600 robust, all primarily based proper right here in Mumbai,” Sharma wrote.

He mentioned his subsequent enterprise would contain constructing one thing “cool” with AI.

Sharma’s exit comes as Dream Sports, the guardian firm of Dream11, continues to adapt to main regulatory modifications in India’s on-line gaming trade.

India’s Promotion and Regulation of Online Gaming Act, 2025 prohibits on-line cash video games, together with these involving ability, likelihood or a mix of the 2. The regulation additionally bars the promotion and facilitation of such video games, in addition to associated monetary transactions.

Dream11 has since been repositioned as a sports activities leisure platform, providing creator-led watch-alongs, real-time fan interplay and free-to-play fantasy sports activities.

Dream Sports activities has additionally been adjusting its wider portfolio. Its monetary companies app Dream Cash is being wound down and is because of cease performing on 30 July 2026. The platform provided funding and wealth administration merchandise equivalent to mutual funds, digital gold, mounted deposits and loans.

DreamStreet, the corporate’s stockbroking platform, stays operational. Dream Sports activities mentioned the platform makes use of AI and data-led insights, together with entry to SEBI-registered analysis analysts and funding advisers, to assist customers make funding choices.

Dream Play, an AI-powered sports activities efficiency analytics app related to Sharma, was discontinued in June. The app analysed gameplay in sports activities equivalent to padel and provided personalised suggestions to customers.

The broader on-line gaming sector can also be dealing with strain from tax rulings. In Might, India’s Supreme Courtroom upheld the constitutional validity of retrospective 28% items and companies tax on on-line gaming firms, reviving massive tax calls for throughout the sector.

Dream Sports activities was based in 2008 by Harsh Jain and Bhavit Sheth. It was final valued at $8 billion in 2021, when it raised $840 million from buyers together with Falcon Edge, Tiger International, DST International, D1 Capital, RedBird Capital and TPG.