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News on Medial
Cricketer Shikhar Dhawan enters the world of venture capital as GP of Yashaa Global
VCCircle
·
4m ago
Medial
Cricketer Shikhar Dhawan has transitioned into the venture capital sector by becoming a general partner at Yashaa Global Capital. Yashaa Global recently gained approval from Abu Dhabi regulators to launch its multi-stage venture capital fund. This new role marks Dhawan's entry into the domains of startups and investments, moving away from his established cricket career.
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Shikhar Dhawan and AB de Villiers-backed Yashaa Global Capital gets greenlight for $75M fund
YourStory
·
4m ago
Medial
Yashaa Global Capital, an Abu Dhabi-based venture capital fund, received approval to launch operations focused on sports, media, gaming, and esports. Backed by former cricketers Shikhar Dhawan, Ravi Shastri, and AB de Villiers, it has a $75 million corpus, including a $25 million greenshoe option. The fund aims to invest in sports tech, fitness, wellness, esports, gaming, and professional leagues. The management includes co-founders Mohammed Sirajuddin, Arif Padaria, and Victor Tay.
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Cricketer Shikhar Dhawan plans to expand Da-One Group, back more start-ups
Money Control
·
2y ago
Medial
Indian cricketer Shikhar Dhawan intends to expand his venture capital firm, DA-One Group, and invest in additional startups. Having already invested in various sectors like fitness, health, and consumer technology, Dhawan plans to explore new opportunities and support innovative businesses. This move showcases his interest in entrepreneurship and his aim to contribute to the startup ecosystem by backing promising ventures. The cricketer said that diversification is crucial for personal and professional growth and by backing new businesses, he gets the opportunity to learn, explore, and contribute to different sectors.
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Eyewear Startup QUE Ropes In Shikhar Dhawan As Investor
Inc42
·
1y ago
Medial
Cricketer Shikhar Dhawan has invested in Indian eyewear brand QUE and will also serve as its brand ambassador. QUE aims to make premium sunglasses accessible to a wider audience in India and beyond. Dhawan's association with the brand is expected to help strengthen its launch, enhance marketing efforts, and improve product offerings. The founders of QUE expressed confidence in their ability to redefine the sunglasses industry and tap into the estimated $8.6 billion market by 2028. Dhawan has previously invested in sportstech startups and endorsed multiple brands.
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Zephyr Peacock, Arali invest in two startups; Shikhar Dhawan backs eyewear brand
VCCircle
·
1y ago
Medial
Financial backers including Zephyr Peacock and Arali Ventures have invested in two Indian startups. Foodtech company Poshn raised $4m in equity and $2m in debt, with the funds to be used to expand the business in South-East Asia and the Middle East. Fintech startup 50Fin raised $550,000 in a funding round led by Arali Ventures, and also announced partnerships with Fi Money and Bajaj Capital. Cricketer Shikhar Dhawan has invested in eyewear brand Que and will also serve as a brand ambassador.
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Former Indian cricketer set to start new innings with VC fund for sports ventures
VCCircle
·
8m ago
Medial
A former Indian cricketer is launching a venture capital fund for sports ventures. The fund will be based in Abu Dhabi and has received approval from the regulator of the Abu Dhabi Global Market. The cricketer, who enjoyed a successful international career, will be entering a new chapter in his entrepreneurial journey by supporting startups in the sports industry.
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Off the field: MS Dhoni, Sachin Tendulkar, Virat Kohli, other cricketers start up a different game
Economic Times
·
11m ago
Medial
Indian cricketers are increasingly looking beyond traditional endorsements and investing in equity deals and new ventures. MS Dhoni has acquired a stake in jewellery maker Bluestone, Sachin Tendulkar's sports shoe startup is backed by venture fund Peak XV Partners, and Yuvraj Singh has invested in sports athleisure firm Agilitas Sports. Current players like Virat Kohli, Rohit Sharma, and Hardik Pandya are also active investors. This trend reflects changing consumer expectations and the growing demand for sports goods and health products in India. Personalities like Sourav Ganguly, Ajinkya Rahane, Gautam Gambhir, Shikhar Dhawan, and KL Rahul are also involved in partnership deals and new business ventures.
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Former Indian cricketer sets up sports-focused VC fund in Abu Dhabi
VCCircle
·
8m ago
Medial
A former Indian cricketer is launching a venture capital fund in Abu Dhabi focused on sports. The fund has been given approval by the regulator of the Abu Dhabi Global Market. The fund aims to invest in startups and companies operating in the sports industry. Further details about the fund, including its investment strategy and size, are yet to be disclosed.
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Sachin Tendulkar pads up to venture out with a new sports brand
Economic Times
·
12m ago
Medial
Legendary cricketer Sachin Tendulkar is set to launch a new sports athleisure brand in collaboration with former Swiggy Instamart head Karthik Gurumurthy. The venture is being incubated by early-stage venture fund Whiteboard Capital. The startup, called SRT10 Athleisure Pvt Ltd, aims to position itself as a rival to top brands like Nike but with affordable pricing and a focus on local manufacturing. Tendulkar will be actively involved in product development, with an initial focus on sports such as cricket and badminton. The startup is also in the process of raising capital from a top venture capital fund.
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Former Navy officer floats defence-focused early-stage fund
VCCircle
·
1y ago
Medial
Former Indian Navy officer and director of the Technology Development Board, Navneet Kaushik, has launched an early-stage investment fund called Jamwant Venture Fund. The angel fund aims to invest in startups focused on indigenous defence technologies. The fund has received approval from the Securities and Exchange Board of India (SEBI) and has Manick Wadhwa, director at SKI Capital, as an advisor and general partner (GP). The fund aims to support the growth of India's self-reliance in defence technologies. The target corpus has not been disclosed.
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OYO Enters Corporate Travel Space With B2B Venture
Inc42
·
9m ago
Medial
OYO has launched a new B2B venture in India that focuses on corporate travel and event planning. The venture offers specialized services across its network of 500+ company-serviced accommodations. These services include personalized offerings like customized meal plans, conference setups, and event support. Notable clients such as Tech Mahindra and Reliance Group have already started using these services. This launch is part of OYO's strategy to diversify and expand its global presence, which includes recent acquisitions, leadership changes, and plans to achieve profitability in FY24.
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