MUMBAI (Reuters) - Sports technology-focussed fund Centre Court Capital said on Thursday that it has launched a 3.5 billion rupees (around $42 million) venture capital fund that includes investments from the owners of India's JSW Group and billionaire Azim Premji's wealth fund.

Centre Court Capital, or CCC, has raised 2 billion rupees so far from athletes and companies including SG Sports, known for its cricket gear, and will back founders bringing innovative tech into sports and the gaming ecosystem, the fund said in a press release.