Parth Jindal-backed sports-focused VC fund raises Rs 410 crore

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Centre Court Capital, a sports-focused venture fund anchored by JSW Group’s Parth Jindal, closed its maiden fund at Rs 410 crore, surpassing its original target of Rs 350 crore.

The fund aims to make 15-18 investments with an initial ticket size of Rs 8 crore to Rs 24 crore to support startups across sports, fitness, wellness and social gaming. It will also participate in follow-on rounds.

Founder and general partner Mustafa Ghouse said investor interest reflects the structural shift in how Indians train, play, consume and monetise sport. A…



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Parth Jindal-backed sports-focused VC fund raises Rs 410 crore



Centre Court Capital, a sports-focused venture fund anchored by JSW Group’s Parth Jindal, closed its maiden fund at Rs 410 crore, surpassing its original target of Rs 350 crore.

The fund aims to make 15-18 investments with an initial ticket size of Rs 8 crore to Rs 24 crore to support startups across sports, fitness, wellness and social gaming. It will also participate in follow-on rounds.

Founder and general partner Mustafa Ghouse said investor interest reflects the structural shift in how Indians train, play, consume and monetise sport. A…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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