Indian VC firm bets on sports tech, gaming with $42m fund

Indian VC firm bets on sports tech, gaming with $42m fund

Tech in Asia·2024-04-04 20:00

Photo Credit: Centre Court Capital

According to a report by PricewaterhouseCoopers, the global gaming industry could be worth US$321 billion by 2026, and India plays a key role. The country’s gaming industry is the largest in the world, with 568 million gamers and over 9.5 billion gaming app downloads in 2023.

Recently, Indian gaming giant Nazara Technologies earmarked US$100 million for global expansion, and VC firm Centre Court Capital is following suit. The company, which invests in sports tech and gaming projects, is launching a US$42 million fund aimed at those two industries in India.

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