Investment Strategies for Gaming, Sports and Interactive Media with Lumikai #235

🎙Closing out the Indian series  in build up to the Indian Sports Biz & Tech Report, we present: Salone Sehgal, Founding General Partner, LumikaiIn this episode of the SportsTech All-Stars podcast, Salone Sehgal, founding general partner of Lumikai, discusses her journey in the Indian sports ecosystem, focusing on the intersection of media, gaming, and technology. She shares insights on the evolution of the Indian gaming market, investment strategies, and the future of esports in India. Salone emphasizes the importance of building relationships with founders and highlights the significant growth potential in the Indian gaming and entertainment sectors.Takeaways- Salone Sehgal is the founding general partner at Lumikai, India's first media gaming and tech stage fund.- Lumikai focuses on investing in interactive media, gaming, and technology, managing over $75 million.- The Indian gaming market has seen a Cambrian explosion due to mobile accessibility and affordable data.- Esports has become an official sport in India, indicating its growing importance in the sports ecosystem.- Salone's investment strategy includes building relationships with founders before they seek funding.- The average Indian consumes a significant amount of data, driving demand for interactive content.- Gaming is now a major revenue generator, surpassing traditional media like Bollywood.- Lumikai's approach includes a five-pillar framework to support portfolio companies.- The future of esports in India looks promising, with increasing youth engagement and cultural relevance.- Salone believes the next decade will see significant changes in the Indian sports and gaming landscape.To learn more, visit: https://www.lumikai.com/Get in touch with Salone Sehgal at: https://www.linkedin.com/in/salone-sehgal-b758693Hosted by ⁠Rohn Malhotra⁠ from ⁠SportsTechX⁠ - Leading source of Data & Insights about SportsTech startups and the surrounding ecosystem.Sign Up for the Sports Tech Weekly Newsletter for more news, features & insights on Sports Tech: https://newsletter.sportstechx.com/Chapters00:00 Exploring the Indian Sports Ecosystem04:37 The Rise of Gaming and Interactive Media09:38 Investment Strategies and Success Stories17:10 Identifying Market Gaps and Future Trends21:45 The Emergence of Esports in India25:52 Looking Ahead: What's Next for Lumikai?