Blog · 6 Jul 2026
OYO’s public listing, the Persistent-Nagarro deal, and more…
In this week’s wrapup, we talk about Dream11's pivot, the Chinese chipmaker Apple needs, the Persistent Systems, Nagarro deal, the OYO IPO, and the RBI…
In this week’s wrapup, we talk about Dream11's pivot, the Chinese chipmaker Apple needs, the Persistent Systems, Nagarro deal, the OYO IPO, and the RBI's blow to prop traders.But here’s a quick sidenote before we begin.
We’re looking for a business writer to join Finshots’ newsletter team. If you’re someone who can tell compelling stories and explain financial concepts in plain English without drowning readers in jargon, do consider applying through the link here. Or share this with someone who might be a good fit for the role.With that out of the way, let’s look back at what we wrote this week.The Dream11 pivot nobody is talking aboutDream11 built one of India's biggest gaming businesses by getting millions of people to predict how cricket matches would unfold. But after regulatory crackdowns, GST disputes, and a ban on paid fantasy contests, the company had little choice but to rethink its future.And that's exactly what it's doing.Instead of doubling down on fantasy sports, Dream Sports is transforming into something much bigger.
It has expanded into sports streaming, merchandise, AI, and even stockbroking through its new platform, DreamStreet.At first, that shift feels completely unrelated. But when you look closer, a common thread starts to emerge. For years, Dream11 wasn't just running fantasy contests.