Streaming Veteran Viniit Mehta Floats $10 Mn Gaming Fund

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SUMMARY

Pressplay Capital has kicked off plans to raise $10 Mn for its maiden fund to back startups in sectors such as gaming, adtech, media tech, and sports tech

Pressplay Capital plans to invest 40% of its fund in Middle Eastern startups, 40% in Indian new-age tech companies, and 20% in other geographies, primarily the US

Viniit Mehta noted that the fund will look to back startups that have teams with relevant experience or track record in their respective fields

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Streaming Veteran Viniit Mehta Floats $10 Mn Gaming Fund


SUMMARY

Pressplay Capital has kicked off plans to raise $10 Mn for its maiden fund to back startups in sectors such as gaming, adtech, media tech, and sports tech

Pressplay Capital plans to invest 40% of its fund in Middle Eastern startups, 40% in Indian new-age tech companies, and 20% in other geographies, primarily the US

Viniit Mehta noted that the fund will look to back startups that have teams with relevant experience or track record in their respective fields

Drawing on…



Source link

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.

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