ED raids Dream11 offices in ₹2,434 crore probe
pre-market1 source ↓written by the desknot a recommendation
- linked to Jai
- ₹2,434-crore money laundering investigation
The Enforcement Directorate (ED) conducted raids on Dream11's headquarters on 19 Dec 2025, as part of a ₹2,434-crore money laundering investigation linked to Jai Corp Limited. Operations spanned over 30 locations, including Mumbai and Bengaluru, focusing on potential misappropriation of funds through complex transactions.
This crackdown may impact investor sentiment towards the fantasy gaming sector and raise regulatory scrutiny in the industry.
Not investment advice. For informational purposes only.