¡®Gaming landscape has evolved¡¯, Zerodha¡¯s Nikhil Kamath launches WTF Gaming Fund; check details
Nikhil Kamath, renowned as the co-founder of Zerodha, India's largest retail brokerage firm by trading volume, has made a significant impact in the financial technology sector. His entrepreneurial journey began with a vision to revolutionize the way Indians invest and trade in the stock market.?
The man is also someone who promotes budding entrepreneurs and the blooming tech industry. In April, he announced an initiative of funding promising entrepreneurs under the age of 25.?
The fund provides a complete package, including a non-dilutive grant of Rs 20 lakh, allowing founders to maintain full equity in their ventures. Additionally, it offers access to operator-first mentorship pods and a thriving community within the WTFund ecosystem.
Also Read:?Zerodha's Nikhil Kamath Launches 'WTFund', To Offer Rs 20 Lakh Grant To 40 Young Entrepreneurs
In a fresh update, he has announced the launch of another initiative called ¡®WTF Gaming Fund¡¯
The introduction of the 'WTF Gaming Fund' aims to support entrepreneurs and developers involved in the gaming industry, providing resources and funding opportunities for their projects.
He took to X to announced the same,
"When I was younger, cricket had all our attention, whether it was playing, watching or cheering.. it seems like in the younger generation today, cricket has been replaced with games...It¡¯s been intriguing to see how the gaming landscape has evolved over time..," Kamath wrote.
He announced that applications for the fund are now accepting submissions, encouraging interested individuals to sign up.
In a recent social media post, he tagged 8bitThug, founder of S8UL, Nitish Mittersain, founder of Mumbai-based Nazara Technologies, Joseph Kim, and Krafton India CEO Sean Hyunil Sohn. These individuals had previously appeared on Nikhil Kamath's WTF podcast last month, during which he urged them to contribute their resources and expertise to foster emerging talent within the gaming industry.
"If you or someone you know is building something in the industry (doesn¡¯t only have to be a game)," Kamath added.
Also Read:?From Rs 8K Salary To India¡¯s Youngest Billionaire, The Success Story Of Zerodha's Nikhil Kamath
Internet is all praise for the billionaire?
Numerous users applauded his initiative to empower the burgeoning Indian gaming ecosystem.
¡°Cricket was our passion, but today's kids are deeply immersed in gaming. It's a reminder of how times change and new interests emerge. Know someone with a great gaming concept? Encourage them to apply and turn their vision into reality,¡± wrote one user.
¡°Very interesting, any plans for the AI hustlers?¡±, another user enquired.
Another noted, ¡°Dude, if you think cricket is replaced with games then please... Come to your senses. Yes gaming is growing, but it's not replacing cricket. Aaj ki match ke bad memes dekho!¡±
