Sportsman Shikhar Dhawan launches $75M Global SportsTech Venture Fund ACN Newswire

Sportsman Shikhar Dhawan launches $75M Global SportsTech Venture Fund

December 17, 2022
ABU DHABI, UAE, Dec 17, 2022 - (ACN Newswire via SEAPRWire.com) - 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.International Cricketer Shikhar Dhawan announcing $75M Global SportsTech Venture Fund, Nov 14, 2022 [Da One Global Ventures]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 Copyright 2022 ACN Newswire. All rights reserved. (via SEAPRWire)
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International Cricketer Shikhar Dhawan announces $75M Global Investment Sports Tech Fund ACN Newswire

International Cricketer Shikhar Dhawan announces $75M Global Investment Sports Tech Fund

December 13, 2022
ABU DHABI, UAE, Dec 13, 2022 - (ACN Newswire via SEAPRWire.com) - 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. International Cricketer Shikhar DhawanInternational Cricketer Shikhar Dhawan announced $75 Million Global Investment Sports Tech Fund; Da One Global Ventures - a multi-stage fund being incorporated at Abu Dhabi Global Market (ADGM)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/. Copyright 2022 ACN Newswire. All rights reserved. (via SEAPRWire)
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Alexander Bojer is appointed new CEO of Inacta AG as of January 2023 ACN Newswire

Alexander Bojer is appointed new CEO of Inacta AG as of January 2023

November 9, 2022
ZUG, SWITZERLAND, Nov 8, 2022 - (ACN Newswire via SEAPRWire.com) - The Board of Directors of Inacta Group AG ("Inacta") has elected Alexander Bojer as a new member of Inacta's group management. He joins Ralf Glabischnig and Marco Bumbacher on the management team from 1 January 2023.Alexander BojerAs CEO of Inacta AG, Alexander will continue to drive forward Inacta's core operating businesses of consulting and product development. Ralf Glabischnig will focus on the further growth of Inacta Ventures and take care of the overall development of the group. Marco Bumbacher will continue to manage the corporate functions of the Inacta Group and act as COO of Inacta AG.Founded in 2009 by Marco Bumbacher and Ralf Glabischnig, Inacta AG is an expert partner for digital transformation and innovation. Leading Swiss companies rely on Inacta's digitalisation know-how and products. For the past five years, Inacta has additionally focussed on blockchain and related areas of innovation, where it plays a pioneering role.Inacta Ventures is the Inacta Group's own venture-building structure that identifies new business models, designs business models and transfers them into its own start-ups or joint ventures. At the end of 2021, Inacta included 15 majority-owned companies and more than 40 minority-owned companies. In addition, expansion into the Middle East was pursued and a new investment company, Crypto Oasis Sentio, was founded in Dubai, which has already made over 30 investments in start-ups.From 2002 to 2013, Alexander Bojer held a number of roles, including as a management consultant at Accenture and The Boston Consulting Group (BCG). Since 2014, he has co-founded several technology start-ups and was most recently responsible for building the health start-up, Well Gesundheit, AG as its CEO. Alexander Bojer says, "I am very much looking forward to shaping the great success story of Inacta together with the two founders, the board of directors, the management team and all employees." Ralf Glabischnig says, "With these new structures we have the right people in key positions to continue to successfully drive the Inacta Group forward. Thanks to this new management organisation I have the opportunity to focus even more on strengthening and growing Inacta Ventures at home and abroad." Daniel Sauter, Chairman of the Board of Directors of Inacta Group AG: "With Alexander, we have been able to gain a competent and experienced CEO. With his broad expertise as an entrepreneur and consultant, he will further advance our core business of consulting services and product development."About Inacta GroupInacta Group stands out from its peers with its innovative services and products related to digital transformation, blockchain-based business models and information management and is involved in the international venture business with offices in Switzerland and the United Arab Emirates. The Inacta Group emerged from the fast-growing Inacta AG - an independent Swiss IT company founded in Zug in 2009. It owns stakes in international start-ups and service providers with a focus on blockchain, digital assets, fintech and artificial intelligence.Press contact:Jennifer Arman+41 41 725 08 86jennifer.arman@inacta.ch Copyright 2022 ACN Newswire. All rights reserved. (via SEAPRWire)
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Avi8ted Ventures Showcase Washington, D.C.’s Progress as a Global Emerging Tech Ecosystem for BIPOC and Women Founders ACN Newswire

Avi8ted Ventures Showcase Washington, D.C.’s Progress as a Global Emerging Tech Ecosystem for BIPOC and Women Founders

July 25, 2022
Washington, D.C., Jul 25, 2022 - (ACN Newswire via SEAPRWire.com) - Avi8ted Ventures, a DC-based impact innovation ecosystem operating at the intersection of Real Estate, Tech, and Culture to host DC's Futurist Startup Showcase, bringing investors and partners together with BIPOC and Women Founders. Avi8ted Ventures, Ying Skillsharing, and Jentry Search will showcase sustainable community harnessing business models that leverage technology and economics for the sake of the people, while providing Futurist insight on the Human Experience. The goal of the event is to raise both capital and awareness, while connecting Avi8ted Thought leaders such as investors, professionals, politicians, artists, and activists passionate about elevating the human experience for all."Crunchbase data shows that Black founder's received less than 1.4% of U.S venture investment last year and currently. Washington, D.C is becoming one of the best places to build a startup, but most of the BIPOC and Women early-stage entrepreneurs we speak to aren't aware of the local resources that are available to elevate them," says Avi8ted Ventures CEO, Charlton Woodyard II. "The Avi8ted Ventures showcase is a catalyst to empower the BIPOC and Women startup ecosystem," Woodyard II continues. Avi8ted will be previewing their custom Avi8ted House app, the digital home of the Avi8ted network and ecosystem.Join us as Avi8ted Ventures, YING, and Jentry present sustainable community-harnessing business models that leverage technology and economics for the sake of the people. Music, Hors d'oeuvres and drinks provided! DC's Futurist Startup Showcase is an evening of connecting, investing and building a better future that will occur on Saturday, July 30th at the Pierce School, NE Washington DC. This is a private event that will begin punctually at 3:00pm. About Avi8ted VenturesFounded by Charlton Woodyard II in 2008, Avi8ted Ventures is a BIPOC owned/operated impact innovation ecosystem operating at the intersection of real estate, tech, and culture as a Real Estate fund with 20% discretionary towards Private Equity/Venture.Avi8ted Ventures is committed to developing a social ecosystem for elevated ideas to thrive worldwide. For more information visit Avi8tedthoughts.com.For more information about Avi8ted House: https://avi8tedhouse.com/ For more information about Membership: https://www.Avi8ted.life/For more information about Charlton Woodyard II: https://www.charlton.global/Contact info@av8t.co Copyright 2022 ACN Newswire. All rights reserved. (via SEAPRWire)
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