Yashaa Global Capital, a venture capital fund focused on the sports industry, has secured approval from Abu Dhabi Global Market (ADGM) to launch a $75 million Global Sports VC Fund. Founded by renowned sports figures Shikhar Dhawan, Ravi Shastri, and AB de Villiers, the fund aims to drive investments in SportsTech, Fitness & Wellness, and Esports. This approval marks a significant step in expanding global sports innovation.
Yashaa Global Capital, a venture capital firm dedicated to sports-related investments, has received approval from the Abu Dhabi Global Market (ADGM) to launch a $75 million Global Sports VC Fund. This milestone positions Yashaa Global Capital as a leading player in funding innovations in SportsTech, Fitness & Wellness, and Esports.
Founded by Indian cricketer Shikhar Dhawan, former Indian coach Ravi Shastri, and South African cricket legend AB de Villiers, Yashaa Global Capital aims to foster innovation and growth within the global sports industry. The firm’s approval from the Financial Services Regulatory Authority (FSRA) of ADGM signifies its official establishment within Abu Dhabi’s premier international financial center.
Investment Focus and Future Plans
With a $75 million investment target, Yashaa Global Capital intends to support companies that are pioneering advancements in sports technology, digital wellness, and competitive gaming. The fund will provide capital to startups and established firms that are driving transformation in the sports industry through innovation and technological integration.
“We believe in the potential of the sports sector and are committed to identifying and investing in businesses that can redefine the industry,” said Shikhar Dhawan. “With ADGM’s approval, we are well-positioned to create an impact on a global scale.”
ADGM’s Growing Role in Venture Capital
ADGM, an internationally recognized financial hub in Abu Dhabi, provides a conducive regulatory environment for venture capital funds. By securing ADGM’s Financial Services Permission (FSP), Yashaa Global Capital aligns itself with leading financial institutions in the UAE, strengthening its credibility and ability to attract international investors.
“Sports technology and Esports are rapidly evolving, and our goal is to nurture the next wave of global sports innovations,” added Ravi Shastri. “Our fund will serve as a catalyst for growth in this space.”
Industry Growth and Market Trends
The global sports investment landscape is witnessing exponential growth, with increased demand for smart sports technology, digital health solutions, and competitive gaming platforms. The Esports industry alone is projected to surpass $1.8 billion in revenue by 2025, highlighting the massive potential in this space. Yashaa Global Capital’s fund will provide strategic support to businesses that aim to capitalize on these trends.
As the sports industry continues to evolve, Yashaa Global Capital’s approval to operate within ADGM signifies a crucial step in expanding investment opportunities and driving global sports innovation. The fund is expected to announce its first set of investments in the coming months.
