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Zerodha’s Nikhil Kamath says youth transitioning from cricket to digital, announces strategic gaming industry fund

LivemintLivemint · 1y ago
Zerodha’s Nikhil Kamath says youth transitioning from cricket to digital, announces strategic gaming industry fund
Medial

Zerodha co-founder and CEO Nithin Kamath expressed his thoughts on how younger generations are increasingly shifting their interests from traditional sports like cricket to digital gaming. He observed how gaming has become the dominant form of entertainment among youth, highlighting the evolving landscape of the industry. Kamath also announced that applications for The Gaming Fund are now open, encouraging individuals involved in the gaming industry to register. This trend of gaming surpassing traditional sports is seen globally, driven by technological advancements and increased accessibility to gaming platforms.

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Nikhil Kamath, Ankit Nagori and Prashanth Prakash now Bengaluru franchise owners of e-cricket league

Economic TimesEconomic Times · 10m ago
Nikhil Kamath, Ankit Nagori and Prashanth Prakash now Bengaluru franchise owners of e-cricket league
Medial

- JetSynthesys has announced the sale of franchise teams for the second season of the Global e-Cricket Premier League (GEPL), with Nikhil Kamath, Ankit Nagori, and Prashanth Prakash becoming joint owners of the Bengaluru franchise team. - The GEPL, a digital entertainment and technology company, aims to enhance the gaming experience by selling teams to specific cities and engaging fans on a deeper level. - The first season of GEPL, held in December last year, saw eight teams competing in the Real Cricket video game created by JetSynthesys, reaching over 70 million viewers across multiple platforms. - Nikhil Kamath, co-founder of Zerodha, expressed excitement about fostering young talent and shaping the future of esports in India through the vibrant gaming industry. - With the goal of turning gaming into a significant contributor to India's GDP and a fulfilling career option, Ankit Nagori believes the partnership with JetSynthesys will help create opportunities for talented individuals. - The GEPL plans to build and nurture players, providing them with monthly salaries and the potential for brand endorsements as content creators, ultimately driving viewership and success in the e-cricket industry.

Nikhil Kamath announces second cohort of WTFund

EntrackrEntrackr · 6m ago
Nikhil Kamath announces second cohort of WTFund
Medial

Snippets Nikhil Kamath announces second cohort of WTFund WTFund, an initiative for entrepreneurs under 25, led by investor and entrepreneur Nikhil Kamath, has unveiled its second cohort, featuring 22 founders. WTFund provides up to Rs 20 lakh in grant funding, along with mentorship and strategic partnerships, to help startups scale their impact. By democratizing access to opportunities, WTFund has positioned itself as a launchpad for first-time founders, fostering a culture of innovation, resilience, and learning. It aims to bridge critical gaps in India’s startup ecosystem while empowering young entrepreneurs to build and grow. According to WTFund, it received applications from over 50 cities, including those from all tiers and remote areas. The second cohort features solutions spanning tech/SaaS, D2C, edtech, fintech, healthtech, agritech, and cleantech, driving innovation at scale. The applications also reflected a strong mobile-first mindset across all tiers. Tier 1 startups are pioneering AI/ML-driven B2B solutions, while Tier 2 and 3 founders are building vernacular-first B2C innovations tailored for India's diverse markets. These entrepreneurs are addressing local challenges while creating globally scalable solutions. The second cohort highlights nine startups, each bringing innovative solutions with the potential for significant impact. These include Nasadya, InnerGize, Armatrix, Drnk, Neoperk, ReferRush, Modus AI, Bytes, and Ai.gnosis. WTFund is designed to empower young entrepreneurs under 25 by providing early-stage grants, mentorship, and resources. Led by Nikhil Kamath, it backs founders solving critical real-world problems across sectors like healthtech, energy transition, AI, and space tech, enabling them to scale without immediate dilution pressures. The fund aspires to democratize access to capital and nurture a new generation of bold, risk-taking entrepreneurs shaping India’s future.

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