Salone Sehgal Overview

  • Primary Position
  • Co-Founder & Gen...

  • Primary Industry
  • Information Technology

  • Med. Deal Size

  • Med. Valuation

Salone Sehgal General Information

Biography

Ms. Salone Sehgal is a Co-Founder and serves as General Partner at Lumikai Fund. Salone has 14+ years of experience as an interactive media VC investor, game entrepreneur and ex M&A banker. She has seen companies from different vantage points ranging from seed to IPO stage. Prior to Lumikai, she was a Principal at LVP, Europe's pioneering seed-stage games VC where she was involved with multiple companies in the gaming ecosystem across content, platform and technology bets. Salone was also Co-founder and CEO of TrulySocial, a venture-backed gaming company for female audiences out of Europe and India. She was responsible for product vision, overall commercial strategy and new market growth striking up novel partnerships with global strategics, celebrities, influencers and brands. Earlier to that, she worked across global financial institutions as Vice- President, Global COO Office at Barclays Bank and M&A at Morgan Stanley, amassing $10B of M&A transaction experience. Salone has been recognized as Top 30 Women in Mobile, Top 100 Asian Stars in UK Tech, Iconic Women Leaders by WEF and Jury Member, Bafta Games in 2017. Salone is also a renowned thought leader on "Innovating in New Game Genres" and "Building Games for Female Audiences". She has an MBA from IESE Business School, Spain.

Contact Information

Primary Position
Co-Founder & General Partner, Lumikai Fund
Education
IESE Business School - University of Navarra, MBA (Master of Business Administration)
Delhi University, India, BA (Bachelor of Arts)
Gender
Female
Email
sa
Address
  • 26 Sardar Patel Road
  • Diplomatic Enclave
  • New Delhi, New Delhi 110021
  • India

Salone Sehgal Positions (1)

Firm name Firm type Title Location Industry Since
Lumikai Fund Investor Co-Founder & General Partner New Delhi, India Venture Capital

Salone Sehgal Lead Partner on Deals (6)

Company Deal Date Deal Type Deal Size Deal Status Industry Location
Frammer AI 07-Oct-2024 Seed Round Completed Multimedia and Design Software Delhi, India
Underworld Gang Wars 26-Jul-2024 Completed Entertainment Software Bangalore, India
QuriousBit 27-Sep-2023 Completed Entertainment Software Bangalore, India
BuyStars 15-Mar-2023 Completed Entertainment Software Gurgaon, India
Bombay Play 04-Apr-2022 Later Stage VC (Series A) Completed Entertainment Software Bengaluru, India
Studio Sirah 30-Aug-2021 Seed Round Completed Entertainment Software Kolkata, India

Salone Sehgal Network (17)

Portfolio Executives (16)

Name Company Role Deal date Location
Suparna Singh Frammer AI Co-Founder, Chief Executive Officer & Board Member 07-Oct-2024 Delhi, India
Arijit Chatterjee Frammer AI Co-Founder, Chief Operating Officer & Board Member 07-Oct-2024 Delhi, India
Frammer AI Co-Founder, Chief Technology Officer, CPO and Board Member 07-Oct-2024 Delhi, India
Underworld Gang Wars Vice President of Product and Analytics & Board Member 26-Jul-2024 Bangalore, India
Underworld Gang Wars Head of Finance 26-Jul-2024 Bangalore, India

Fund Team Members (1)

Name Investor Fund Fund Location
Lumikai Fund New Delhi, India

Salone Sehgal Affiliated Funds (2)

Fund Investor Fund Type Status Vintage Size Dry Powder IRR IRR Quartile
Lumikai Fund I Lumikai Fund Venture Capital - Early Stage Closed 2020
Lumikai Fund II Lumikai Fund Venture Capital - Early Stage Open

Salone Sehgal FAQs

  • Who is Salone Sehgal?

    Ms. Salone Sehgal is a Co-Founder and serves as General Partner at Lumikai Fund.

  • How much does Salone Sehgal typically invest?

    Salone Sehgal's median deal size is .

  • What is Salone Sehgal’s main position?

    Salone Sehgal’s primary position is Co-Founder & General Partner.

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