Parth Jindal-backed sports-focussed VC fund raises Rs 410 crore
The fund aims to make 15-18 investments with an initial ticket size of Rs 8 crore to Rs 24 crore to support startups across sports, fitness, wellness and social gaming. It will also participate in follow-on rounds. Founder and general partner Mustafa Ghouse said investor interest reflects the structural shift in how Indians train, play, consume and monetise sport. A tennis-player-turned-VC, Ghouse is the former chief operating officer of JSW Sports.