Centre Court Capital, a sports tech and gaming venture fund, has closed its maiden fund at ₹410 crore, exceeding its original target of ₹350 crore announced in early 2024. The fund had raised ₹200 crore at its initial close.
The fund is anchored by scion of JSW Group Parth Jindal and is backed by a strong base of domestic institutional investors, including SIDBI and SRI, as well as family offices such as Premji Invest, SanRaj Group and GMR Sports.
It is further supported by sports and media personalities such as Neeraj Chopra, Rishabh Pant, PV Sindhu, Jemimah Rodrigues, along with leading entrepreneurs, including Binny Bansal, Mithun Sacheti, and Ankit Nagori.
The fund will continue backing companies across sports, fitness, wellness and social gaming with initial ticket sizes ranging from ₹8 crore to ₹24 crore. The fund plans to complete between 15 and 18 investments and has reserved significant capital for follow on rounds. Centre Court Capital intends to lead or co-lead most of its investments.
The fund has already invested in six companies: Airoclip, FanCraze, Michezo Sports Infrastructure, Stupa Sports Analytics, Quidich Innovation Labs and Quintar Inc. The invested companies represent a blend of India-focused and global opportunities in the sports and gaming space, and plan to strengthen and scale their portfolio over the next two years.
Mustafa Ghouse, Founder and General Partner, Centre Court Capital, said, “We are grateful to our investors for backing a focused vision for sport and gaming from India. The opportunity is large and growing. Recent industry estimates value India’s broader sports economy at about USD 19 billion today, expected to reach nearly USD 40 billion by 2030.”
“Digital gaming remains a multi-billion dollar opportunity with strong year-on-year growth driven by deeper mobile usage and improved monetisation. Within this, we see two compelling opportunity streams emerging: the continued expansion of the domestic market, and the rapid rise of Indian founders building high-quality products for global audiences,” he adds.
“These indicators validate our belief that focused capital and deep sector expertise are needed at this stage. With this fund, we will back founders who are building the infrastructure, analytics and fan-facing products required to convert this market potential into sustainable global businesses. Our immediate priority is deploying capital responsibly to help our portfolio scale and deliver strong returns for our investors,” he concluded.
