TLDR: Centre Court Capital launches sports tech-focused Rs 350 Cr VC fund
Key Points:
- Centre Court Capital has launched a Rs 350 crore venture capital fund to invest in sports tech and gaming.
- The fund has already raised Rs 200 crore and is backed by the Sajjan Jindal Family Trust.
In a recent announcement, Centre Court Capital has unveiled a Rs 350 crore venture capital fund with a focus on investing in the sports tech and gaming sectors. The fund, which has already secured Rs 200 crore in investments, is supported by anchor investor Sajjan Jindal Family Trust, led by Parth Jindal.
Founded by Mustafa Ghouse and Alok Samtaney, Centre Court Capital aims to tap into the growing sports tech and gaming markets in India. With the backing of investors like Small Industries Development Bank of India (SIDBI), PremjiInvest, and others, the fund is set to make strategic investments in early-stage opportunities in these sectors.
The fund, registered with SEBI as a Category II AIF, has already completed its initial investments in the sports tech space and is gearing up to launch an offshore feeder fund to attract international investors. With a focus on supporting the growth and innovation in the sports and gaming industries, Centre Court Capital is poised to make a significant impact in the market.
General Partner, Mustafa Ghouse, expressed enthusiasm about the opportunities in the sports and gaming sectors, highlighting the rapid growth and investment in these areas. With a commitment to supporting the evolution of sports technology and consumption habits, Centre Court Capital is positioning itself as a key player in this revolution.
