Dream Sports Shuts Down Wealth Platform Dream Money Less Than a Year After Launch
DreamSports recently discontinued Dream Play too, an AI-powered sports performance analytics platform that helped athletes analyse their performance using artificial intelligence.
Dream Sports, the parent company of Dream11, has discontinued its wealth management platform Dream Money, bringing the service to an end less than a year after its launch as part of the company’s diversification beyond online gaming.
A notice on the Dream Money website confirms that the platform ceased business operations on June 30, covering its offerings across digital gold, mutual funds, fixed deposits, and lending services. In an email sent to customers, the company stated that the Dream Money app will remain accessible until July 30, allowing users to view their account details, holdings, and statements before it is discontinued.
The platform has stopped onboarding new customers and is no longer accepting fresh investments, loan applications, or lump-sum transactions. In addition, all active Systematic Investment Plans (SIPs) will be discontinued from July 7.
Dream Sports said the shutdown will not affect existing customer investments. Mutual fund folios will continue to be managed by their respective asset management companies (AMCs), fixed deposits will remain with partner banks, loan repayments will continue through lending partners, and digital gold holdings will be migrated to Augmont. Customers can liquidate or withdraw their digital gold holdings through the Dream Money app until July 15, after which the holdings will be transferred to Augmont by July 25. The company did not disclose a reason for shutting down the platform.
Dream Money was launched in August 2025 as Dream Sports’ entry into financial services, initially offering digital gold and fixed deposits before expanding into mutual fund distribution and lending products. The platform was introduced as part of the company’s broader diversification strategy following regulatory changes affecting India’s real-money gaming industry.
The closure comes just weeks after Dream Sports discontinued Dream Play, an AI-powered sports performance analytics platform that helped athletes analyse their performance using artificial intelligence.
The development also follows the Supreme Court’s decision to uphold the retrospective 28% Goods and Services Tax (GST) on the full face value of bets in the online real-money gaming industry, adding further pressure on gaming companies. However, Dream Sports has not linked the shutdown of Dream Money to the regulatory developments.
Over the past year, Dream Sports has reorganised its operations into multiple business verticals, including Dream11, FanCode, DreamSetGo, Dream Cricket, Dream Horizon, and DreamStreet, its AI-powered stockbroking platform launched earlier this year to target first-time retail investors.