Indian cricketer Shikhar Dhawan announced a $75 million global investment fund to invest in sportstech startups, with a $25 million greenshoe option.
Shikhar Dhawan has become the first Asian athlete to launch a venture capital fund. “I am overjoyed to begin a new chapter and embark on this journey in the world of venture capital,” Dhawan said in a press release. The fund, according to the Indian cricketer, will be deployed in the first quarter of 2023-24. Dhawan became the first Asian sportsperson to launch a venture capital fund to invest in startups with the fund. The fund is the second in about a year, with Dream Capital launching a $250 million fund last August.
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Indian cricketer Shikhar Dhawan announced a $75 million global investment fund to invest in sportstech startups, with a $25 million greenshoe option.
Shikhar Dhawan has become the first Asian athlete to launch a venture capital fund. “I am overjoyed to begin a new chapter and embark on this journey in the world of venture capital,” Dhawan said in a press release. The fund, according to the Indian cricketer, will be deployed in the first quarter of 2023-24. Dhawan became the first Asian sportsperson to launch a venture capital fund to invest in startups with the fund. The fund is the second in about a year, with Dream Capital launching a $250 million fund last August.
Disclaimer
We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.
