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The development comes in just before the Indian teams gear up for the Asia Cup 2025 and ICC Women's World Cup 2025, both starting in September. While the Asia Cup 2025 starts in UAE on September 9, the Women's World Cup begins on September 30 in Guwahati. According to a Sportstar report, Dream11 representatives visited the BCCI headquarters to formally convey their decision. "Their (Dream11) representatives visited the Board office recently and informed us that they are not in a situation to sponsor the teams anymore. There's not much time left for the Asia Cup, but we are exploring options," the media outlet quoted a BCCI official. Dream11 inked a three-year deal with the BCCI in 2023, replacing Byju's. The deal was worth a reported ₹358 crore. According to a Bloomberg report, Dream11 is valued at $8 billion. Not just the Indian cricket teams, Dream11 has been lead sponsor to several franchise teams across the world. It is the main sponsor to several Indian Premier League teams and also the official fantasy partner of the Caribbean Premier League, title sponsor of New Zealand's domestic T20 competition - Super Smash. Dream11 also sponsors Australia's Big Bash League. Dream11 promises a 'second innings' Meanwhile, in a statement issues by Dream11 a couple of days ago, the fantasy sports giant promised to start a "second innings". "We have always been and always will be a law-abiding company, and have conducted our business in compliance with the laws. While we believe that progressive regulations would have been the right way forward, we will respect the law and will fully comply with 'The Promotion & Regulation of Online Gaming Law, 2025'," Dream11 said. "We are fortunate to have a portfolio of amazing sportstech businesses… These will continue to power our vision to 'Make Sports Better' and support our honourable prime minister's ambition of making India a global sporting superpower. Thank you for all your love and trust. See you in our second innings," it added.