According to Harsh Jain, the CEO of Dream11, the company is benefiting from several positive developments, including the Jio effect, which has made internet access more widely available and increased internet speeds to 30-40mbps, even in moving cars. Jain also notes that AI is an important topic of discussion and that the growth of internet access in remote areas is a significant tailwind. Additionally, he praises the Indian government's efforts to promote semiconductor development and states that 75% of Dream11's users are located outside of Tier 1 and 2 cities.
Jain notes that the company underestimated the power of Bharath and the internet revolution happening in tier 1 and 2 cities. Disruptors will disrupt the industry in every country, and it is a common occurrence. Additionally, Jain points out that gaming has reached a point where 40 crore people are gaming. Regulations may cause short-term pain, but there will also be growing pains, which are okay. There has been an 80% YoY growth in women playing on their platform, with RCB women leading the way.