Centre Court Capital (CCC), a venture capital firm, has unveiled Rs 350 crore fund to make investment in India’s sports and gaming companies.
The Venture Capital fund aims to bolster the country’s sports and gaming ecosystem by providing support to founders leveraging innovative technology.
Led by Mustafa Ghouse, former CEO of JSW Sports, in collaboration with Alok Samtaney, a former Investment Director with TVS Capital and Sabre Partners, the fund has secured the Sajjan Jindal Family Trust as its anchor investor, with Parth Jindal overseeing operations.
India boasts a gaming population of 396 million, making it the world’s second-largest gaming market, poised for a 21 percent 5-year compound annual growth rate.
The VC fund has already garnered Rs 200 crore in commitments from investors and notable athletes.
