Indian Cricket team opener, Shikhar Dhawan announced last Friday, that he would be launching a new 75 million dollars Global Investment Tech Fund to focus on the innovations that are being made across the sports spectrum.
Indian Cricket team opener, Shikhar Dhawan announced last Friday, that he would be launching a new 75 million dollars Global Investment Tech Fund to focus on the innovations that are being made across the sports spectrum.
The announcement
The fund that he offered, consists of a greenshoe option of around 25 million dollars and is the first one that is an organized VC fund being made by an Asian sportsperson and the first by an Indian celebrity.
The 37-year-old cricketer, Shikhar Dhawan made this announcement while he was attending the annual Abu Dhabi Global Market (ADGM) Finance Week.
The announcement was made by Shikhar Dhawan, his partners & team at the LP-GP Summit by 256 Network (A private, invite-only organization of asset allocators) to an audience congregating global financial market, where leaders from a wide array of backgrounds and had gathered at the Abu Dhabi Global Market (ADGM) Finance Week, to address the strategic macroeconomic, and the financial topics that shape global, regional and industry perspectives and themes for the coming years.
The fund
The fund will also have other prominent sporting personalities coming from all around the world and also representing multiple sports as their ambassadors.
Through this unique network of GPs and LPs, Da One Global Ventures will also provide unprecedented access to an ecosystem throughout the world and that will also accelerate and mobilize the new propositions with a unique positioning.
Shikhar Dhawan
Born on December 5, 1985, in the city of New Delhi, Shikhar Dhawan is an Indian cricketer. He is a left-handed opening batsman and occasional captain of the Indian national cricket team.
Also, he captains Punjab Kings in the Indian Premier League and plays for Delhi in first-class cricket.
Shikhar Dhawan made his One Day International debut against the Australian team, in October 2010 at Visakhapatnam, India.
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His test match debut came against the same opposition team that is Australia. In March 2013 at Mohali, where he scored the fastest century by any batsman on his Test debut and ended his innings with 187 runs from 174 balls.
