Harsh Jain Frequently Asked Questions (FAQs)
Who is Harsh Jain?
Harsh Jain is the Co-Founder and Chief Operating Officer (COO) of Groww, an Indian investment platform that simplifies investing in mutual funds, stocks, and other financial products.
What is Harsh Jain’s educational background?
Harsh holds a bachelor’s degree in electrical engineering from IIT Delhi and an MBA in product management and marketing from UCLA Anderson School of Management.
What is Groww?
Groww is an investment platform that enables users to invest in mutual funds, stocks, digital gold, and fixed deposits.
Who are the founders of Groww?
Groww was founded in 2016 by Harsh Jain, Lalit Keshre, Neeraj Singh, and Ishan Bansal, all former Flipkart employees.
What is Dream11, and how does it work?
Dream11 is an Indian fantasy sports platform where users create virtual teams with real-life players. Points are earned based on players’ actual match performances, and users compete in free or paid contests to rank on leaderboards.
Is Dream11 legal in India?
Yes, Dream11 is legal under Indian law, as ruled by the Indian High Court in 2017. However, fantasy sports are restricted in some states like Assam, Telangana, and Andhra Pradesh.
Who are the founders and key investors of Dream11?
Dream11 was co-founded by Harsh Jain and Bhavit Sheth in 2008. Investors include Steadview Capital, Kalaari Capital, Think Investments, Multiples Equity, Tencent, and others.
What major sports partnerships does Dream11 have?
Dream11 partners with leagues and organizations like the IPL, ICC, NBA, Pro Kabaddi League, and New Zealand Cricket’s Super Smash, among others.
What are Dream11’s financial highlights?
Dream11 has seen steady financial growth, with revenue rising from ₹224.6 crore in FY 2018 to ₹6,384 crore in FY 2023, reporting a ₹188 crore profit in FY 2023.
What is the net worth of Dream11?
Harsh Jain, CEO of Dream11, has a net worth of approximately ₹67 crore (8 million). After a 225 million fundraising round, his salary increased 3.3x, from ₹1.2 crore to ₹4 crore annually.
What is the salary of Dream11 CEO?
Assuming an annual salary of ₹4 crore, Harsh Jain's estimated daily income is ₹1,09,589.
What is Harsha Jain's net worth?
Harsh Jain, co-founder and CEO of Dream11, has an estimated net worth of ₹8,000 crore (~$1 billion), primarily from his stake in the company. Reports also suggest his net worth could be around ₹67 crore based on salary and shares.