In a significant milestone, Yashaa Global Capital, a sports-focussed venture capital fund co-founded by Indian cricketer Shikhar Dhawan, has secured the Financial Services Permission (FSP) from the Financial Services Regulatory Authority (FSRA) of Abu Dhabi Global Market (ADGM).
Yashaa Global Capital Receives Financial Services Permission from ADGM
This achievement marks the fund’s official establishment in ADGM, positioning Yashaa Global Capital as a catalyst for driving global investments in the rapidly evolving sports sector. The fund aims to invest in transformative startups across SportsTech, Fitness & Wellness, Esports & Gaming, MediaTech, Leagues & Teams, with a targeted $75M corpus.
Yashaa Global Capital’s unique approach combines a pedigreed investment team with elite athletes, providing unparalleled value to portfolio companies through mentorship, strategic partnerships, and growth opportunities. The fund’s establishment in ADGM is expected to bridge global investors, startups, and sports entrepreneurs, fostering innovation and scalability.
Shikhar Dhawan, General Partner at Yashaa Global Capital, expressed his excitement about the development, highlighting ADGM’s stable regulatory environment and strategic location as ideal for the fund’s global ambitions.
This milestone underscores ADGM’s commitment to supporting innovative businesses and financial institutions, reinforcing its position as a leading international financial centre.
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