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Media & Entertainment

Indian mobile gaming boom rewards homegrown developers

Dream Sports raises $840m on expansion fueled by cheap wireless and lockdowns

Nazara, developer of games like "World Cricket Championship 3," became the first Indian gaming company to go public last year. (Photo courtesy of Nazara Technologies)

MUMBAI -- One of the biggest beneficiaries of India's recent enthusiasm for smartphone games has tapped into a more traditional passion in this country of 1.4 billion: cricket.

On fantasy sports platform Dream11, users compete by choosing rosters of real cricket players -- or athletes in other popular sports such as football -- earning points based on their performance in actual matches. Joining a contest costs less than $1, and players who do especially well can earn cash prizes.

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