Centre Court Capital, a sports tech and gaming-focused venture fund anchored by JSW Group’s Parth Jindal, has closed its maiden fund at ₹410 crore, surpassing its target of ₹350 crore. The oversubscribed fundraise highlights rising investor confidence in India’s rapidly expanding sports, fitness, and digital gaming sector.
The fund secured commitments from leading domestic institutions including SIDBI and the Self-Reliant India Fund (SRI), alongside participation from major family offices such as Premji Invest, SanRaj Group, and GMR Sports. The investor roster also includes top athletes Neeraj Chopra, Rishabh Pant, PV Sindhu, and Jemimah Rodrigues, as well as well-known startup founders Binny Bansal, Mithun Sacheti, and Ankit Nagori.
Founded by former JSW Sports CEO Mustafa Ghouse and former TVS Capital Funds director Alok Samtaney, Centre Court Capital was launched in April 2024 and achieved a ₹200 crore first close. The fund aims to back seed-to-Series A startups across sports, wellness, fitness, and social gaming, writing cheques between ₹8 crore and ₹24 crore. It plans to invest in 15–18 companies, with up to 40% of the corpus reserved for follow-on rounds.
Ghouse said India’s sports economy is entering a high growth phase. Current industry estimates place the sector at $19 billion, projected to reach $40 billion by 2030. He added that digital gaming represents a significant multi-billion dollar opportunity powered by deeper smartphone penetration and rising monetisation capabilities.
The fund has already deployed capital into six startups: Quidich, Stupa, Airoclip, Michezo, Quintar, and Fancraze, reflecting its focus on sports analytics, infrastructure, broadcast technology, and immersive fan experiences.
With fresh capital and a strong investor base, Centre Court Capital aims to accelerate the growth of next-generation sports tech ventures emerging from India.
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