In India, the local daily fantasy sports market has seen tremendous growth with platforms like Dream11 leading the way. These platforms allow users to create virtual teams based on real-life cricket, football, and other sports matches. Participants use their knowledge of player performance and match conditions to build winning combinations and compete for cash prizes.
The Indian fantasy sports industry is regulated by the Federation of Indian Fantasy Sports (FIFS), which ensures fair play and transparency. With millions of users across the country, these platforms have become a popular form of entertainment, especially during major sporting events like the Indian Premier League (IPL) and the Cricket World Cup.
Local products in this sector often integrate with popular payment gateways like Paytm, UPI, and other digital wallets to facilitate easy transactions. They also offer features like live scoring, expert advice, and social sharing to enhance user engagement. |