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Salone Sehgal
Founder and Managing Partner at Lumikai Fund · New Delhi, India
Check size
$200K-$2M
Lead stage
pre-seed
Deals tracked
20
Sectors
Gaming, Interactive Media
Gaming Interactive Media Digital Platforms Esports Interactive Content Gaming Infrastructure pre-seed seed Series A
India Europe global

Investment thesis
Backs seed to Series A interactive media, games, and digital platforms in India.
Lumikai invests at the confluence of technology, culture, and new media, backing bold visions that reimagine interactive media and unleash creative content. The fund deploys pre-seed through Series A capital into game development studios, interactive content platforms, gaming infrastructure companies, and digital platforms across India. With a thesis centered on participative, immersive, and personalized media, Lumikai funds platforms unbundling legacy services, systems of play that gamify consumer experiences, frontier technologies leveraging AR/VR and generative AI, and first-principles gaming studios. The fund's operator-driven approach draws on the founders' experience in gaming and media across Asian and European markets
Investment philosophy
Salone Sehgal leads an operator-driven VC platform focused on India's interactive media economy, investing early in companies where engagement and retention are the product. Her background spans venture capital, gaming entrepreneurship, and large-scale M&A, shaping a founder-first approach that supports company building, fundraising, partnerships, restructurings, and exits.
Notable portfolio
Bombay Play Allstar Games Eloelo Studio Sirah Supernova Gigafun Studios House of X Curious Bit Autovrse Vobble Mayhem Studios Frammer Ask My Guru Gape Labs Loco

Frequently asked
Does Salone Sehgal invest at pre-seed stage?
Yes. They invest at pre-seed, seed, Series A stage. Their geographic focus includes India, Europe, global.
What is their typical check size?
Salone Sehgal's typical check size is $200K-$2M. They currently invest through Lumikai Fund.
What sectors does Salone Sehgal focus on?
Salone Sehgal primarily invests in Gaming, Interactive Media, Digital Platforms, Esports.

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