Dream Sports acquires Rolocule Games

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Dream Sports has acquired a Pune-based mobile games developer Rolocule Games, which is backed by top investors such as Blume Ventures, Mumbai Angels, and CIIE.

Post the acquisition, Rolocule Games will be rebranded to Dream Game Studios under the leadership of founder Rohit Gupta. However, its primary focus would still remain on premium interactive gaming experiences on mobile.  

Rolocule Games came into existence in 2010 and focuses on mid-core games in India. It has games such as Flick Tennis, Dead Among Us, Dance Party, and Bowling Central under its banner with millions of downloads globally.

In a press statement, Rohit Gupta mentioned that “This is a well-deserved validation for mid-core games in India, and our team has worked incredibly hard to reach this point. Our goal is to bring world-class long-lasting game franchises and IPs from India. We are thrilled to take this step together with Dream Sports.”

Harsh Jain, Co-founder, and CEO of Dream Sports mentioned that “Dream Sports has a collective user base of 125 million sports fans, and we recognize the great growth opportunities in sports, gaming, and fitness-tech in India. As entrepreneurs ourselves, we are here to back other entrepreneurs through Dream Capital and provide them with access to our 125 million-strong user base and operational support from our expert team of CXOs.” 

Dream Sports now runs ventures such as Dream11, FanCode, DreamSetGo, DreamPay, and DreamCapital.

The Managing Director of Dream Capital, Dev Bajaj, said, “As a multi-stage CVC, we provide patient capital plus deep tactical insights to startups to increase their probability of success. Our aim is to complement entrepreneurs with our strategy, product, and marketing knowledge that is not typically accessible at an early stage. DreamCap is always looking to add talent to its team of entrepreneurs and VC/PE professionals with a passion for sports and gaming.”

This acquisition is a major development for Dream Sports who recently announced a $250 million fund for Dream Capital, Dream Sports’ CVC, and acquisitions arm.