Mumbai : Centre Court Capital 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 oversubscription reflects strong investor confidence in the growth potential of sports, , fitness, wellness and social gaming in India.
The fund is anchored by 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 celebrated 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.
A wave of convergence across sports, fitness, wellness, and social gaming is reshaping how Indians train, track, and engage with performance and entertainment. From analytics and athlete development to wellness platforms and interactive gaming products, these segments are benefitting from rising digital adoption and entering a scale ready phase with deep commercial potential.
Speaking about the milestone, 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.
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.”
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 that represent a blend of India focused and global opportunities in the sports and gaming space and plans to strengthen and scale its portfolio over the next two years.
The close above target signals strong trust in the fund’s vision and demonstrates that there is meaningful demand for a specialised investment fund in this segment.
