Tag: Da One Global Ventures

International cricketer and entrepreneur Shikhar Dhawan has launched Da One Global Ventures (DOGV), a $75 million Global SportsTech Venture Fund focusing on innovation across the Sports spectrum. The multi-stage fund, with a greenshoe option of $25 million, is to incorporate in the Abu Dhabi Global Market (ADGM), with its vibrant business ecosystem and robust regulatory framework, and include a SportsTech Accelerator and eSports Venture Studio as distinguishing verticals within its platform.

This is the first VC fund organized by an Asian sportsperson and Indian celebrity. Mr Dhawan introduced his partners and the team at Da One Global Ventures during his keynote at the LP-GP Summit, part of Abu Dhabi Finance Week (ADFW), the prestigious economic forum for world leaders to gather and address strategic macroeconomic and financial topics which will shape regional and global perspectives for the years to come.

Shikhar Dhawan, a highly reputed name in the cricket world today, established a seasoned team as the fund’s General Partner (GP) leading the investment thesis across the Sports spectrum – from SportsTech to eSports, and Gaming to Web3. The fund will be global in nature, as will its sports personalities, representing multiple sports as Limited Partner (LP) Ambassadors. This unique network will allow unprecedented access to sports ecosystems of the world, mobilizing investment and accelerating growth.

Shikhar Dhawan comments: “I am elated to start new innings and embark on this journey through the world of venture capital. All of this is only possible with the support of my commercial partners, and the commitment of Da One Global Ventures to the fund, readying for this week’s announcement and targeted deployment in Q1 2023-24.

DOGV will go beyond traditional investing models, providing domain knowledge and accessing the global sporting ecosystem. We aim to scale greater heights and set new benchmarks for Sports Technology Venture Capital. I have much gratitude toward sports and look forward to the contributions of this fund to the economic strength, and the growth of Sports.

This year has been spectacular for SportsTech, with investments to the tune of $12 billion already, more than the preceding three years combined, covering multiple segments, and illustrating the rapid growth in this dynamic industry. We are in active discussion with various stakeholders across the ecosystem, and developments will be announced in due course.”

Shikhar Dhawan is a leading Indian cricketer. A left-handed opening batsman and occasional captain of the India national team, he captains Punjab Kings in the Indian Premier League and plays for Delhi in first-class cricket. For his notable contributions to the Indian Men’s National Cricket Team, Shikhar Dhawan was awarded the prestigious Arjuna Award by the President of India in 2021.

For further details –
Mr Amitesh Shah,
Da One Global Ventures
E: ceo@daonegroup.org

Da One Global Ventures (DOGV) will be a multi-stage VC fund incorporated in Abu Dhabi Global Market

On day one of the prestigious Abu Dhabi Finance Week (ADFW), leading international cricketer and entrepreneur Shikhar Dhawan announced that he would be launching a $75 million Global Investment Sports Tech Fund, consisting of a Greenshoe option of $25 million. The proposition is a multi-stage fund, Da One Global Ventures (DOGV), incorporated in Abu Dhabi Global Market (ADGM) and focusing on innovation across the Sports spectrum. ADGM is home to a growing number of international institutions, its vibrant business ecosystem underpinned by a robust regulatory framework.

This is the first VC fund organized by an Asian sportsperson and first by an Indian celebrity. The announcement by Shikhar Dhawan, his partners, and the DOGV team, came on 14th November during ADFW at the LP-GP Summit, an invite-only event hosted by 256 Network (a private organization for LPs/GPs worldwide). Held at ADGM, the international financial event draws an audience of global financial market leaders from a wide array of backgrounds who gather to address strategic macroeconomic and financial topics that will shape global, regional and industry perspectives and themes for the years to come.

Shikhar Dhawan is one of the most reputed names in the cricket world, and he has established a globally enriched and seasoned founding team that will lead the fund’s investment thesis across the spectrum of Sports to include Technology, eSports, Gaming, Web3 & more. The deployment of funds will be global in nature, as is the LP community. The fund will also have other prominent sporting personalities from across the Globe representing multiple sports as LP Ambassadors. Through this unique network of GP’s and LP’s (General Partners, Limited Partners), Da One Global Ventures (DOGV) will provide unprecedented access to an ecosystem worldwide which will accelerate and mobilise new propositions with unique positioning.

“I am elated to start a new inning and 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 unprecedented access to 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 Sports,” said Shikhar.

Shikhar is known as an Indian cricketer, a left-handed opening batsman and occasional captain of the India national cricket team, and he captains Punjab Kings in the Indian Premier League and Delhi in first-class cricket. For his notable contributions to the Indian Men’s National Cricket Team, Shikhar Dhawan was awarded the prestigious Arjuna Award by President in 2021.

This year has been spectacular year for SportsTech with investments to the tune of $12 billion already. That is more than the total of the preceding three years combined and covers multiple segments, illustrating the rapid growth in this dynamic industry.

Da One Global Ventures (DOGV) is in active discussions with various relevant stakeholders across the globe and further developments will be announced in due course. Da One Global Ventures (DOGV) will also incubate a SportsTech Accelerator & eSports Venture studio as distinguishing verticals within its platform.

For further details, get in touch with Mr. Amitesh Shah, email: ceo@daoneglobal.vc. https://daoneglobal.vc/.