Harsh Jain: Biography, Age, Wife, Family and Net Worth

Harsh Anand Kumar Jain, an illustrious Indian entrepreneur, captured the spotlight with his pivotal role as the co-founder and CEO of Dream11, a leading Indian Fantasy Sports Platform.

Wiki/Biography

Harsh Jain, born in 1986 (currently 37 years old as of 2023), hails from Mumbai, Maharashtra, India. He pursued his primary schooling in Maharashtra before embarking on an educational journey that led him to Sevenoaks High School in England. His academic pursuits continued as he pursued a Bachelor of Science in Electrical Engineering at the University of Pennsylvania, followed by a Master of Business Administration from the Columbia Business School, Columbia University. Throughout his formative years, Jain demonstrated a keen interest in sports, actively participating in various sporting activities during his school days.

Physical Appearance

• Height: Approximately 5′ 7″
• Hair Colour: Black
• Eye Colour: Black

Family

Harsh Jain belongs to a Jain family. His father, Anand Jain, is a prominent Indian business executive serving as the chairman of Jai Corp Limited. Renowned as Dhirubai Ambani’s third son, Anand Jain secured the 19th position on Forbes India’s 40 richest list in 2007. Harsh’s mother, Sushma Jain, is an accomplished painter. Additionally, he has a younger sister named Neha Jain.

Other Relatives

Neha Jain, Harsh’s younger sister, is married to Anurag Bagaria, the owner of KemWell Pharma, a pharmaceutical company.

Wife & Children

In 2013, Harsh Jain tied the knot with Rachana Shah. The union blessed them with a son named Krish.

Religion

Harsh Jain practices Jainism.

Career

During his undergraduate studies, Jain interned at Microsoft, where he focused on assessing the feasibility and commercial advantages of Microsoft’s entry into the Push-To-Talk (PTT) marketplace.

Subsequently, he joined his father’s company, Jai Corp Limited, as a Marketing Manager. In 2010, Jain ventured into entrepreneurship by co-founding Red-Digital, a specialized social media agency. Under his leadership, Red-Digital garnered prestigious clients such as Dell, PepsiCo, Mumbai Indians, BMW, Parker Pens, Adidas, and more.

In 2017, Jain assumed the role of President at the Federation of Indian Fantasy Sports.

Currently, as of 2023, he serves as the Cultural Enforcement Officer and co-founder of Dream Sports, housing renowned brands such as Dream11, FanCode, Dream Capital, Dream SetGo, and DreamPay. Jain’s entrepreneurial endeavors also include the establishment of FanCode, KheloMore, DreamX, and Dream Sports Foundation.

Controversy

In 2022, an FIR was lodged against Dream11 co-founders, Harsh Jain and Bhavit Sheth, for allegedly contravening the Karnataka Police (Amendment) Act, 2021, which prohibited the operation of games involving money. Despite the legal implications, Dream11 continued its operations in Karnataka. However, the Karnataka High Court invalidated the Karnataka Police Amendment Act following petitions from various stakeholders, including the Indian Gaming Federation (AIGF) and others. Similarly, the Supreme Court upheld a similar decision in August 2021, dismissing Rajasthan High Court’s petition.

Salary and Net Worth

As of the Financial Year 2022, Harsh Jain commands an annual salary of INR 4 Crores. His estimated net worth as of 2023 stands at $8 Million (approximately INR 52 Crores), according to various media sources. Moreover, his company, Dream11, boasts a staggering valuation of $8 billion (approximately INR 65,000 Crores).

Facts/Trivia

Harsh Jain is an ardent sports, technology, and gaming enthusiast, with a particular affinity for Manchester United, Mumbai Indians, and the Indian Cricket Team.

In 2008, inspired by the inception of the Indian Premier League, Jain embarked on the journey to establish the fantasy sports platform, Dream11.

Jain’s fondness for dogs is well-known. He reminisced about feeding stray dogs near his childhood apartment and even attempted to adopt a stray cat during his teenage years. However, his parents vetoed the decision. During his college years in Pennsylvania, Jain’s parents gifted him a beagle named Simba, who unfortunately passed away at the age of 5 due to illness.

Harsh Jain and his wife, Rachna Jain, founded an NGO in Mumbai in 2020, dedicated to serving underprivileged children.

Conclusion

Harsh Anand Kumar Jain’s entrepreneurial acumen, coupled with his passion for sports and social responsibility, underscores his impactful contributions to the realms of business and philanthropy. As a visionary leader, Jain continues to inspire and innovate, leaving an indelible mark on the Indian entrepreneurial landscape.