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Indian cricketer Shikhar Dhawan’s venture capital firm, Da One Global Ventures (DOGV), is set to establish a presence in Abu Dhabi’s International Financial Centre (IFC) and launch a $75 million fund to support startups. This move marks a significant step in Dhawan’s entrepreneurial journey, as he expands his investment footprint beyond India.
The fund will focus on investing in early-stage startups across various sectors, including sports technology, media, entertainment, and consumer technology. By setting up operations in Abu Dhabi’s financial hub, DOGV aims to leverage the region’s growing startup ecosystem, strategic location, and investor-friendly policies.
Dhawan, known for his aggressive batting style on the cricket field, has been actively diversifying his interests into business and investments. With this venture, he joins a growing list of sports personalities who are making strategic moves into the startup and investment space.
The choice of Abu Dhabi’s IFC as the base for DOGV’s expansion aligns with the emirate’s goal of becoming a leading global financial and investment hub.Shikhar
The region has been actively fostering an innovation-driven economy by attracting venture capital firms, fintech companies, and technology-driven enterprises.
Speaking about the launch, Dhawan emphasized his commitment to nurturing entrepreneurship and supporting innovative businesses. “I have always believed in pushing boundaries, whether in sports or business. Through DOGV, we aim to empower startups with not just capital but also strategic mentorship and industry connections,” he said.
DOGV’s $75 million fund is expected to provide a boost to startups seeking capital to scale their operations. The firm will focus on identifying high-potential ventures that align with its investment thesis, ensuring a balanced approach to risk and growth.Shikhar
With this expansion, Dhawan is not only making a mark in the venture capital landscape but also reinforcing the growing synergy between sports and business. As the firm begins its journey in Abu Dhabi’s IFC, it is poised to contribute significantly to the region’s vibrant investment ecosystem.Shikhar
The venture capital space continues to witness an influx of athletes-turned-investors, and Dhawan’s initiative serves as another testament to the increasing crossover between sports and entrepreneurship. With the backing of a structured investment fund and a strategic location, DOGV is set to make waves in the startup world.
