Centre Court Capital Surpasses Target, Closes Maiden Fund at ₹410 Cr

Centre Court Capital has successfully closed its maiden fund at ₹410 crore, exceeding its initial target of ₹350 crore. This significant capital raise was anchored by Parth Jindal and secured backing from major institutional players including SIDBI and SRI, alongside prominent family offices such as Premji Invest, SanRaj Group, and GMR Sports. The fund also has the support of leading sports figures like Neeraj Chopra, Rishabh Pant, PV Sindhu, and Jemimah Rodrigues, as well as entrepreneurs Binny Bansal, Mithun Sacheti, and Ankit Nagori.

The fund is strategically focused on the rapidly evolving landscape across sports, fitness, wellness, and social gaming. It aims to invest in areas like analytics, athlete development, wellness platforms, and interactive gaming products, which are experiencing growth due to rising digital adoption. Centre Court Capital views digital gaming as a multi-billion-dollar opportunity, specifically targeting the expanding domestic market and Indian founders creating products for global audiences. The firm plans to complete between 15 and 18 investments, with ticket sizes ranging from ₹8 crore to ₹24 crore, and intends to lead or co-lead most rounds. The fund has already invested in six companies and plans to scale its portfolio over the next two years.

By: Sandhya Bharti

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Indian Startup Times

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