Amit Sharma, Chief Technology Officer (CTO) of Dream Sports, has stepped down after nearly a decade with the company to launch his own artificial intelligence (AI) venture, marking another senior leadership exit at the sports technology unicorn.
Sharma joined Dream Sports in 2016 after spending over a decade in the United States, where he held engineering leadership roles at Netflix and Yahoo. During his tenure, he played a key role in scaling Dream Sports’ technology infrastructure and engineering organisation as its flagship platform, Dream11, grew into one of India’s largest sports-tech companies.
His departure comes at a time when Dream Sports has been restructuring its business and sharpening its focus on AI and core operations. Last year, the company reorganised its operations into multiple business units, with Sharma taking charge of the AI-focused vertical, Dream Sports AI, as its Founder and CEO.
A Decade of Technology Leadership
Over the past ten years, Sharma helped build and expand Dream Sports’ technology capabilities during a period of rapid growth. In a LinkedIn post announcing his departure, he reflected on the company’s evolution, noting that the engineering team had grown from around 20 members when he joined to more than 600 employees today.
His leadership contributed to strengthening the company’s technology infrastructure while supporting the rapid scaling of Dream11 and other products under the Dream Sports ecosystem.
Business Restructuring and AI Focus
Sharma’s exit follows several strategic changes within Dream Sports. The company recently discontinued Dream Play, its AI-powered sports performance analytics application, as well as Dream Money, its fintech platform that formed part of its diversification strategy beyond fantasy sports.
These moves reflect the company’s ongoing efforts to streamline operations and focus on businesses aligned with its long-term strategy amid evolving market conditions.
As the former head of Dream Sports AI, Sharma had been leading the company’s initiatives around artificial intelligence before deciding to pursue his entrepreneurial ambitions independently.
Dream Sports Navigates Industry Changes
Founded by Harsh Jain and Bhavit Sheth, Dream Sports was last valued at $8 billion in 2021 and remains one of India’s leading sports technology companies.
In recent years, the company has been adapting its business strategy as India’s real-money gaming industry faces increased regulatory scrutiny and policy changes. The restructuring of business units and portfolio rationalisation form part of this broader strategic shift.
Another Senior Leadership Exit
Sharma’s departure comes shortly after Dream Sports’ Chief Marketing Officer, Vikrant Mudaliar, also exited the company following an eight-year tenure.
The back-to-back leadership changes signal an ongoing transition within Dream Sports as it reshapes its leadership team and business priorities while navigating the next phase of growth.
As Sharma embarks on his next entrepreneurial journey in AI, his exit marks the end of a decade-long chapter that saw him help transform Dream Sports into one of India’s most prominent technology-driven consumer internet companies.
By : Vanshika Tayal