Jindal-supported venture capital firm raises first fund to invest in Indian sports and gaming

Mumbai-based venture capital firm Centre Court Capital, backed by steel tycoon Sajjan Jindal, is raising up to 3.5 billion rupees ($42 million) for its inaugural fund to invest in Indian sports technology and video game startups. The fund aims to capitalize on the growing trend of gaming and sports in India, driven by its young demographic and rising spending power.

Centre Court will focus on technologies that enhance athletic performance, content creation, and monetization, as well as consumer-facing companies specializing in sleep and general fitness. The fund has already invested in two startups, a broadcast technology company and a sports analytics provider. It is also in discussions to support gaming studios. Investors in the fund include PremjiInvest, USK Capital, Small Industries Development Bank of India, GMR Sports, and SG Sports.

Ghouse, a former international tennis player who previously led investments in cricket team Delhi Capitals and other franchises during his tenure at Jindal’s JSW Group, is heading the fund. Alok Samtaney, a former principal at TVS Capital Funds, has joined him as a partner. Together they are focused on identifying and investing in promising startups in the Indian sports technology and gaming sectors.

By Aiden Johnson

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