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Who Is Anand Jain? Close friend of Mukesh Ambani, was once a billionaire, his son lives near Rs 15000 crore Antilia, business is…
Who Is Anand Jain? Close friend of Mukesh Ambani, was once a billionaire, his son lives near Rs 15000 crore Antilia, business is…

India.com

time6 days ago

  • Business
  • India.com

Who Is Anand Jain? Close friend of Mukesh Ambani, was once a billionaire, his son lives near Rs 15000 crore Antilia, business is…

Mukesh Ambani is known to everyone as the richest person of India. But there are many people who are still behind the curtains but have contributed to Reliance's success. One such person who is also a childhood friend of Ambani and a real estate magnate is Anand Jain.. Who Is Mukesh Ambani's Friend Anand Jain? The bond between Mukesh Ambani and Anand Jain is from their school days at Mumbai's Hill Grange High School on Pedder Road. When Mukesh Ambani returned from Stanford University in the early 1980s to join the family business, Anand left his own ventures in Delhi to support him. Anand has already worked with Dhirubhai Ambani and developed his own business also. Anand Didn't Take Salary In a corporation everyone works for high pay packages and designations but Anand Jain was different among them. Though he played a big role in shaping Reliance's expansion especially for Reliance Infocomm, he never held a formal position or withdrew a salary. He was Mukesh Ambani's behind-the-scenes advisor, a steady voice in the war room. Anand Jain's Business Empire While advising Reliance, Jain was also building his own business empire. In 1985, he founded Jai Corp Limited, which emerged as a big player in industrial real estate, plastic processing, steel, and yarn manufacturing. In 2007, Forbes ranked Anand Jain as India's 11th richest person, with a net worth estimated at $4 billion. That same year, he led the Urban Infrastructure Opportunities Fund, India's largest real estate private equity initiative at the time, raising Rs 2,434 crore from over 750 investors. During its peak, Jai Corp's market cap was a $45 billion. By 2012, his net worth had declined to around $525 million. Anand Jain's Dream11 Link Anand Jain's son, Harsh Jain, co-founded Dream11 in 2008, which has since become one of India's top fantasy sports platforms and entered the unicorn club by 2019. Despite his massive business footprint, Anand Jain is famously media-shy. Harsh Jain, co-founder and CEO of Dream11, owns a luxury apartment in the Lodha Malabar project on Walkeshwar Road , which is near Mukesh Ambani's Antilia in Mumbai.

India vs England 4th Test Dream11 Team Today: Top Fantasy Picks, Captain & Vice-Captain Choices for Manchester Test
India vs England 4th Test Dream11 Team Today: Top Fantasy Picks, Captain & Vice-Captain Choices for Manchester Test

India.com

time7 days ago

  • Sport
  • India.com

India vs England 4th Test Dream11 Team Today: Top Fantasy Picks, Captain & Vice-Captain Choices for Manchester Test

As India gears up to face England in the 4th Test of the five-match series at Old Trafford, Manchester, all eyes are on the Dream11 fantasy cricket picks that could turn the tide for virtual managers and fans alike. With England leading 2-1, the pressure is squarely on Shubman Gill's men to bounce back and keep the series alive. Injury blows, tactical reshuffles, and the looming Manchester weather promise a contest full of drama—both on the field and on Dream11 scoreboards. India's lineup has seen a significant shake-up ahead of the Manchester Test. Akash Deep, India's breakout performer at Edgbaston, has been sidelined with a groin injury. Nitish Kumar Reddy is also out with a knee issue, and Arshdeep Singh misses out due to a hand injury. Their absence has forced the team management to dip into the reserves, leading to the inclusion of Anshul Kamboj, who is tipped to make his debut. This opens the door for Dream11 users to make bold picks—Kamboj, though uncapped, may thrive in Manchester's seamer-friendly conditions. Shardul Thakur is another likely inclusion with his knack for breakthroughs and handy lower-order runs, making him a strong all-rounder pick. Dream11 Fantasy Picks: Best Players to Watch Wicketkeepers: Rishabh Pant: Back from injury, Pant is a game-changer with the bat and behind the stumps. Expect explosive cameos and potential Dream11 points galore. Jamie Smith: England's young gloveman has impressed and could prove a differential pick in fantasy leagues. Batters: Shubman Gill (vc): Leading from the front, Gill will be key at No. 4 and is a must-have for his consistency and flair. Joe Root: England's backbone in the middle order, Root is an obvious fantasy asset. Yashasvi Jaiswal (c): The aggressive opener can exploit the new ball—making him captain material on Dream11. KL Rahul: His experience and technique suit English conditions. A solid pick for stability. All-rounders: Ravindra Jadeja: A Dream11 favourite with his triple-threat of spin, batting, and fielding. Ben Stokes (vc): The England skipper thrives in pressure situations. Expect clutch performances in crunch moments. Bowlers: Jasprit Bumrah: India's ace pacer is lethal in overcast English conditions—pick him without hesitation. Jofra Archer: Making a return to Test cricket, Archer's pace and bounce will be a challenge for Indian batters. Brydon Carse: A wildcard option with his ability to swing the ball and bowl in the middle overs. ENG vs IND Dream11 Team Suggestion Wicketkeepers: Rishabh Pant, Jamie Smith Batters: Joe Root, Yashasvi Jaiswal (C), KL Rahul, Shubman Gill (VC) All-rounders: Ben Stokes, Ravindra Jadeja Bowlers: Jasprit Bumrah, Jofra Archer, Brydon Carse Team Composition: 6 India, 5 England | Credits Left: 7.5 Predicted Playing XIs India: Yashasvi Jaiswal, KL Rahul, Karun Nair/Sai Sudharsan, Shubman Gill (c), Rishabh Pant (wk), Ravindra Jadeja, Washington Sundar/Kuldeep Yadav, Shardul Thakur, Anshul Kamboj, Mohammed Siraj, Jasprit Bumrah England: Zak Crawley, Ben Duckett, Ollie Pope, Joe Root, Harry Brook, Ben Stokes (c), Jamie Smith (wk), Liam Dawson, Chris Woakes, Brydon Carse, Jofra Archer Pitch & Weather Report: Manchester Likely to Play the Villain The Old Trafford pitch traditionally offers assistance to fast bowlers with movement off the seam, especially under cloudy skies. Rain is forecast throughout the five days, with Day 1 likely to be heavily affected. Moisture in the air and on the pitch could mean trouble for batters early on, adding weight to picking more pacers in your Dream11 squad. Head-to-Head at Old Trafford: England's Stronghold India has yet to win a Test at Old Trafford. In the 9 matches played here, England has won 4, while 5 have ended in draws. This historical trend underlines England's comfort at the venue—and gives fantasy managers more reasons to stack their XI with English players.

DealBuddy Lets Users Buy Products for As Low As 1 Paise - A New E-commerce Model for India 2.1
DealBuddy Lets Users Buy Products for As Low As 1 Paise - A New E-commerce Model for India 2.1

Business Standard

time21-07-2025

  • Business
  • Business Standard

DealBuddy Lets Users Buy Products for As Low As 1 Paise - A New E-commerce Model for India 2.1

PNN Kozhikode (Kerala) [India], July 21: For long, India's booming e-commerce industry has largely catered to what venture capital firm Blume Ventures calls "India 1" - the top 140 million digitally savvy, urban consumers. But the vast middle, "India 2" - nearly 300 million aspirational Indians - has remained largely underserved. That's now changing with the arrival of DealBuddy, India's first gamified e-commerce app, designed not just to sell - but to let users win products, sometimes for as low as 1 paise. India 2.1: Ready to Play, Ready to Shop While India 2 has been slow to embrace traditional online shopping, there's one digital space where they're already deeply engaged - gaming. India is home to 650 million gamers, and remarkably, 150 millions of them are pay-to-play users, spending money not on goods, but on the thrill of competition in apps like Dream11, Ludo King, and Teen Patti. This behaviour signals a powerful insight: India 2.1 doesn't just want to shop. They want to "win" deals through interactive and gamified experiences, elements traditional e-commerce has largely ignored. India 2.1 needs a new model of ecommerce. DealBuddy, founded by Basil Nalakath, Adhnan Rasheed and Basim Nalakath, taps directly into this mindset - merging the engagement of gaming with the value of e-commerce. Every day, brands run multiple deals on DealBuddy. Users compete with each other to win the deal- but with a twist. Instead of the highest offer winning, in DealBuddy, the user who places the lowest unique offer walks away with the product at the end of the deal period- be it a smartphone, trimmer, smartwatch, or branded perfume - sometimes at less than ₹1. A New Model for a New Bharat "Traditional e-commerce isn't broken - but it's boring and not relevant for the India2.1 consumers who seek excitement in all their digital interactions" says Basil Nalakath, Founder & CEO at DealBuddy. "The current platforms are built for India 1. But India 2.1 needs a different model - one that feels like entertainment, not just transactions." Since its launch, DealBuddy has attracted over 25,000 users in just a month, with near-zero customer acquisition cost - a rare feat in India's hypercompetitive online retail space. The app's built-in Yard Sale allows winners to resell their products within the community, creating a vibrant, self-sustaining marketplace. Adhnan Rasheed, Co-founder & COO at DealBuddy, adds, "Today, brands are struggling with high CAC and are looking to expand beyond saturated markets to a new category of users from India 2. However, they're finding it hard to reach India 2.1 in a way that's both profitable and engaging. DealBuddy aspires to be the go-to platform for brands targeting these users- through a model that they are already familiar with. We've already partnered with several D2C brands and are actively engaging with many more to help them unlock this high-potential, under-tapped market." The Future of Bharat Commerce In a country where shopping festivals are still the only time many buy online, DealBuddy is creating daily mini-festivals - bite-sized events that combine affordability, excitement, and digital participation. It's a model that fits the lifestyle, mindset, and behavior of India's next 300 million digital consumers. As gaming, social media, and commerce continue to converge, DealBuddy's approach may well be a blueprint for the next evolution of e-commerce in India - where deals aren't just discovered, but won. Link:

England Women Level ODI Series Against India at Lord's with Thrilling Win
England Women Level ODI Series Against India at Lord's with Thrilling Win

Time Business News

time20-07-2025

  • Sport
  • Time Business News

England Women Level ODI Series Against India at Lord's with Thrilling Win

In a rain-curtailed thriller at Lord's, the England Women's cricket team held their nerve to defeat India by five wickets, leveling the three-match ODI series 1–1. The game, reduced to 32 overs per side due to intermittent showers, saw disciplined bowling from England and a composed chase led by wicketkeeper-batter Amy Jones. India, put into bat under overcast skies, struggled to gain momentum. Smriti Mandhana top-scored with 35, but the team managed only 143/8, thanks largely to a tight spell from Sophie Ecclestone, who finished with 3/27. England's bowling attack kept the run rate in check, with Kate Cross and Charlotte Dean also chipping in. The chase wasn't without drama. England lost quick wickets early, but Jones anchored the innings with an unbeaten 46. Her calm presence at the crease saw England home with just over two overs to spare. The match also saw controversy when Tammy Beaumont was involved in an 'obstructing the field' appeal after kicking a loose ball away, but the third umpire ruled in her favor. With the series now tied, all eyes turn to the decider at Chester-le-Street, Durham. The pitch there has historically favored spinners, and with form swinging back toward England, fantasy cricket fans are already scouting for top performers. For the final ODI, Dream11 prediction experts are tipping Amy Jones and Sophie Ecclestone as key picks based on current form. From the Indian side, Mandhana and Deepti Sharma remain vital fantasy choices, especially if the conditions suit spin. As both teams gear up for the finale, the contest is not just for pride but also a crucial preparation ground ahead of the upcoming ICC Women's Champions Trophy. For fans and fantasy players alike, this series promises high drama and high stakes. TIME BUSINESS NEWS

How Legal Is Dream11 in India? Build Your Own Profitable Fantasy Sports App
How Legal Is Dream11 in India? Build Your Own Profitable Fantasy Sports App

Time Business News

time09-07-2025

  • Business
  • Time Business News

How Legal Is Dream11 in India? Build Your Own Profitable Fantasy Sports App

Fantasy sports have transformed how Indian users engage with their favorite games, offering a virtual platform to create teams, track player performances, and compete with others based on real-world match outcomes. One of the biggest success stories in this space is Dream11, which has become synonymous with fantasy cricket in India. But with its popularity, many entrepreneurs and aspiring app developers wonder: Is Dream11 legal in India? And more importantly, how can you build a successful fantasy gaming app in this booming market? This blog explores the legal landscape of fantasy sports in India and outlines a roadmap for building a profitable, feature-rich fantasy gaming application. Yes, Dream11 operates legally in India, with full compliance under national and state-level frameworks. The legality of fantasy sports platforms like Dream11 has been affirmed by several Indian High Courts. These courts have recognized that platforms like Dream11 require strategic thinking, player analysis, and real-world match understanding to succeed—making it a skill-based format. Additionally, the Supreme Court of India has acknowledged and upheld the decisions of lower courts in support of fantasy sports apps that function transparently and fairly. As a result, platforms like Dream11 have become well-regulated, trusted, and widely adopted across most of India. However, fantasy sports apps are subject to state-wise guidelines. A few Indian states may still have restrictions on pay-to-play formats. Hence, fantasy sports companies often geo-restrict access in certain regions to comply with local laws. The fantasy sports industry in India has witnessed a tremendous rise in the past few years, with over 200 million users engaging with platforms like Dream11, MPL, and My11Circle. The reasons for this growth are clear: A sports-enthusiastic population, especially cricket fans Deep smartphone penetration and affordable data Increasing user engagement during live sports tournaments Rising interest in multi-sport fantasy formats, including football, kabaddi, and more For startups and entrepreneurs, this market presents a huge opportunity to build custom, high-performance fantasy gaming platforms. If you're considering building a fantasy gaming app, here's a step-by-step guide to create a scalable and monetizable product: Cricket dominates the Indian fantasy space, but emerging markets for football, kabaddi, basketball, and even niche leagues are gaining popularity. Decide whether to focus on a single sport or a multi-sport platform based on your audience. Ensure your platform operates within the scope of Indian laws. This includes: Validating user identity (KYC) Geo-fencing regions where necessary Integrating secure payment systems Maintaining transparent scoring algorithms Enabling customer support and responsible practices To compete with platforms like Dream11, your app must include: User Registration & Login Team Creation Interface Real-Time Score Integration Contest Creation & Entry Options Leaderboard & Points System Wallet Integration for Rewards Push Notifications & Match Reminders Referral Programs & Bonuses Advanced features like AI-based player suggestions or chat communities can enhance user retention. Building a fantasy app is a complex process that requires frontend design, backend engineering, API integration, and robust security protocols. Partner with a reliable mobile app development company like Infowind Technologies, which offers end-to-end fantasy app development—from design to deployment. Top fantasy sports apps generate revenue from multiple sources: Entry-based contests In-app purchases Premium features Brand sponsorships and ads Referral incentives Design your monetization strategy around user behavior, match frequency, and platform scalability. Your app's success hinges on how well you market it. Consider: Social media campaigns around major sports events Influencer partnerships App store optimization (ASO) User referrals and bonus campaigns Email and push notification strategies Offer first-time rewards and seamless onboarding to increase sign-ups. Dream11 has proven that fantasy sports are not just a trend—they're a massive engagement platform with potential for monetization, loyalty, and long-term success. The platform operates legally and ethically in India, serving as a model for anyone looking to enter this space. If you're planning to launch your own fantasy sports app, focus on three things: compliance, creativity, and customer experience. The Indian market is ripe with opportunity—and with the right approach, you can carve out your niche in the growing world of fantasy gaming. TIME BUSINESS NEWS

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