Early Stage·Invested 2020·Sports & Entertainment
PrizePicks came to Arvind in 2020, and it was the kind of opportunity that doesn’t come around often: daily fantasy sports was still finding its shape as a category, not yet the established business it is today. It also fit naturally into a world Arvind was already deeply part of. He has deep involvement in the sports industry as an investor in franchises like the Rajasthan Royals and the Barbados Tridents, and sports has always been somewhere he’s genuinely engaged, not just a line item in a portfolio. A mobile-first platform built around individual player performance made obvious sense from there. Conviction centred on strong early product engagement and the belief that PrizePicks could grow into a nationally recognised entertainment brand, well before that scale was obvious to anyone else. The position has since been realised following Allwyn’s acquisition of a controlling interest.