Tech

Streaming Veteran Viniit Mehta Floats $10 Mn Gaming Fund

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SUMMARY

Pressplay Capital has kicked off plans to raise $10 Mn for its maiden fund to back startups in sectors such as gaming, adtech, media tech, and sports tech

Pressplay Capital plans to invest 40% of its fund in Middle Eastern startups, 40% in Indian new-age tech companies, and 20% in other geographies, primarily the US

Viniit Mehta noted that the fund will look to back startups that have teams with relevant experience or track record in their respective fields

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