The Federation of Indian Fantasy Sports (FIFS) is a self-regulatory industry body established in 2017 under the aegis of the Indian Federation of Sports Gaming. It represents fantasy sports platforms in India and works with policymakers, industry stakeholders, and the public to support a transparent, sustainable sector. FIFS develops standards through its Self-Regulatory Code, which member platforms are expected to follow. The framework covers fair play, data protection, complaint handling, legal compliance, and responsible gaming.

FIFS also promotes player protection through measures such as age verification, deposit limits, self-exclusion options, and user education. Its work extends to industry growth: the federation facilitates policy discussions, organizes conferences, and collaborates with government bodies, sports organizations, and technology partners. It provides members with access to research, regulatory guidance, networking opportunities, certification, and representation before government bodies. FIFS commissions and publishes reports on topics including market impact, player demographics, technology trends, and international regulation.