With first female general partner, game VC fund focuses on Indian startups

Lumikai unveiled its early-stage venture capital fund this week, with a focus on India’s fast-growing gaming and interactive markets. The concentration on Indian game startups is a first, but the fund marks another first: a female general partner in Salone Sehgal, a former London Ventures Partners investor.

Sehgal is a New Delhi native who grew up playing games, even though she knew few other girls and women who did so. That background helped prepare her for this role, as did 15 years of working with startups and venture investments, she said in an interview with GamesBeat. Part of her motivation is to see strong female characters embedded in Indian culture in a video game. To see that in today’s game industry, Sehgal realized she would have to do something to make it happen.