Harsh Jain is a devoted cricket enthusiast and a never-give-up businessman. He blended the two to create a Rs 67,000 crore monstrosity that would now serve as the official brand of the Indian cricket team. With the BCCI (Board of Control for Cricket in India), the well-known platform Jain co-founded has agreed to become the primary sponsor of Men in Blue. Jain and his friend Bavith Sheth attempted to launch their firm but received 150 rejections.
Harsh Jain and Bhavit Sheth launched the website that draws thousands of cricket and sports lovers back in 2008. Dream11 was inspired by the beginning of the IPL. The firm is currently valued at an enormous $8 billion and has over 150 million active users.
Jain, who also refers to himself as the Culture Enforcement Officer, serves as the company’s CEO. The young Turk is the son of Mukesh Ambani, the richest man in India, and prominent businessman Anand Jain of Jai Corp Limited. Jain nonetheless sought out the venture capitalist route to raise money for his company concept. In two years, he received rejection from over 150 VCs, Jain once admitted. Despite initial difficulties, Jain and Sheth’s business saw success as their company was recognised as a unicorn.
Jain earned his electrical engineering degree from the University of Pennsylvania in the United States. He has been an intern with Microsoft, a leading provider of software, for three months. He also holds an MBA from Columbia University’s Columbia Business School. The 36-year-old is purportedly married and resides in a lavish flat worth Rs 72 crore in an exclusive South Mumbai neighbourhood.
