Synopsis
Dream Sports CTO Amit Sharma has stepped down after a decade with the company to launch an artificial intelligence startup. He played a key role in scaling Dream Sports’ technology and engineering operations.
Sharma joined Dream Sports in 2016 after spending more than a decade in the United States, where he worked with global technology companies including Netflix and Yahoo. During his tenure, he helped expand the company’s engineering capabilities and scale its technology teams to support rapid growth.
The AI-focused division was created to explore artificial intelligence-led opportunities and build new technology solutions. However, the move follows the shutdown of Dream Play, the company’s AI-powered sports performance analytics application, and the closure of fintech platform Dream Money. Both initiatives were part of Dream Sports’ efforts to diversify its business portfolio.
In a LinkedIn post, Sharma announced his decision to move on to his ‘next adventure’ after spending a decade with the company. He reflected on the company’s technology journey and highlighted the growth of its engineering team during his tenure.
Sharma said Dream Sports’ technology team expanded from around 20 members when he joined to more than 600 employees over the years. He credited the team’s efforts in helping the company build scalable technology systems and support its growth.
Founded by Harsh Jain and Bhavit Sheth, Dream Sports was valued at $8 billion in 2021. The company has been working to reshape its business strategy amid regulatory challenges affecting India’s real-money gaming sector.
The gaming industry has faced increased scrutiny in recent years, including changes in regulations and taxation policies. These developments have pushed several companies to explore new business models and expand into areas such as artificial intelligence, sports technology, and digital services.
Sharma’s departure is the latest senior-level exit at Dream Sports. Earlier, the company’s Chief Marketing Officer Vikrant Mudaliar also stepped down after an eight-year stint.
As Sharma moves toward building his AI venture, his experience in scaling technology teams and developing large consumer platforms could play a significant role in his next entrepreneurial journey. His transition also reflects the growing interest among technology leaders in creating AI-focused startups as artificial intelligence continues to attract investment and innovation across sectors.
The move highlights a broader trend in India’s startup ecosystem, where experienced technology executives are increasingly turning founders to build AI-driven solutions and new-age businesses.
