The fantasy gaming sector, which has created numerous millionaires in India, is experiencing rapid growth. According to media reports, this industry is expanding at such a pace that its market valuation has reached approximately Rs 1.65 lakh crore.
Leading Fantasy Gaming Applications in India
India boasts several prominent fantasy gaming applications that offer users the chance to engage in various sports.
Dream11: This is the most widely used fantasy sports platform in India, with a user base exceeding 11 crore.
My11Circle: Gaining popularity among cricket enthusiasts, this app features Sourav Ganguly as its brand ambassador.
MPL (Mobile Premier League): A versatile gaming platform, MPL provides both fantasy sports and a variety of casual games.
MyTeam11: This application enables users to assemble fantasy teams across sports such as cricket, football, and kabaddi.
BalleBaazi: In addition to cricket, this app offers fantasy leagues for sports like football, basketball, and kabaddi.
How to Rs 3 cr
On My11Circle, participants must form a virtual team of 11 players for actual cricket matches. Players earn points based on their performance, and the team accumulating the highest points secures the prize. The platform hosts various contests, with entry fees ranging from a few rupees to several thousand. Major tournaments, such as IPL 2025, feature Grand League contests, where the top prize can vary from Rs 1 crore to Rs 3 crore.
To win Rs 3 crore, a user must achieve the highest rank in the Grand League, which attracts hundreds of thousands of participants. Historical data indicates instances of substantial winnings on My11Circle; for instance, in 2024, a user named Vikas won Rs 1.5 crore. However, securing a Rs 3 crore prize is exceptionally challenging, as it relies on skill, player selection, and a degree of luck. A report by Business Standard revealed that Play Games24x7, the parent company of My11Circle, generated a revenue of Rs 5,890 crore in FY23.