Categories: News

Shikhar Dhawan set to invest US$75 million in global investment sports tech fund

Indian cricketer Shikhar Dhawan will become the first sportsperson from Asia to launch a venture capital fund. Dhawan’s US$75m global investment fund will be aimed at “innovation across the sports spectrum”.

Dhawan made the announcement at the Abu Dhabi Global Market Finance Week, and the investment will also have a green-shoe option of US$25 million. The multi-staged fund will be deployed worldwide and will be represented by multiple sports personnel from different sports. 

Shikar Dhawan commented:

I am elated to start a new innings & embark on this journey in the world of venture capital. All this would not have been possible without the support of my commercial partners and the founding team’s commitment to this fund, in readiness for this week’s announcement and targeted deployment in Q1 2023-24.

Da One Global Ventures (DOGV) will go beyond traditional investing models and will provide domain knowledge and unprecedented access to the sporting ecosystem across the globe. We are making a humble beginning but aim to scale this to greater heights and aspire to set new benchmarks for leading in Venture Capital, Sports and Technology. I have much gratitude to sports & I look forward to the contribution of this fund to the economic strength and growth of it.”

Staff

Recent Posts

Can Manchester City qualify for the Champions League without Haaland?

Erling Haaland has been Manchester City’s goal-scoring sensation since his arrival from Borussia Dortmund in…

12 hours ago

IPL 2025 | Match 24: RCB vs DC | Preview and Predictions

Match 24 brings us a top of the table clash between the impressive Royal Challengers…

12 hours ago

IPL 2025 | Match 23: GT vs RR | Preview and Predictions

Can the Gujarat juggernaut continue? Match 23 of the 2025 Indian Premier League season brings…

12 hours ago

F1 2025: Bahrain Grand Prix Preview and Predictions

McLaren looking to answer back We had our first non-McLaren winner of the Formula One…

14 hours ago

Red Bull’s 2nd Driver Seat: A Poisoned Chalice

For nearly a decade, the Red Bull Racing second driver situation has stopped the team…

16 hours ago

Premier League 2024/25 Gameweek 31 Recap

After the midweek games post the international break, Premier League games were played again this…

2 days ago