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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
Drawing on…
