Yashaa Global Capital launches $75M sports venture fund

Yashaa Global Capital has been granted approval by the Financial Services Regulatory Authority of Abu Dhabi Global Market (ADGM) to launch a new venture capital fund worth $75 million. This fund will focus on investments in SportsTech, Fitness & Wellness, and Esports. The goal is to promote innovation and growth within the sports sector. The fund is led by notable figures in the sports world, including Shikhar Dhawan, Ravi Shastri, and AB de Villiers. It combines their experience and networks with a skilled investment team. Their aim is to offer valuable mentorship and strategic support to companies in the sports ecosystem. Yashaa Global Capital, previously named Da One Global Ventures, has undergone rebranding to reflect its global ambitions. The fund aims to utilize ADGM’s status as a major financial hub to connect global investors and sports startups. Dhawan emphasized that ADGM's supportive regulatory environment and strategic position make it an ideal location for their fund. He expressed excitement about the opportunity to impact the sports sector globally. Mohammed Sirajuddin, another General Partner, highlighted the transformation happening in the sports industry. He noted the need for more sports-focused investment funds in Asia and stated that Yashaa Global Capital aims to fill that gap. AB de Villiers also shared his enthusiasm for the fund, believing it has the potential to reshape sports and gaming investments worldwide. He looks forward to supporting entrepreneurs both on and off the field.