Centre Court Capital backs Quidich Innovation Labs in Series A funding round
Summary
MUMBAI :Centre Court Capital (CCC), a venture capital firm backed by the Sajjan Jindal Family Trust and specializing in sports tech and gaming, has led led an undisclosed Series A investment round in Quidich Innovation Labs. Known for its advanced camera systems, computer vision, and augmented reality, the company aims to elevate live sports broadcasts.The funding is set to propel Quidich deeper into the sports media rights market, currently valued at $56 billion, with projections to reach $114 billion by 2030. In a recent interview, Ghouse said that the fund had evaluated over 350 potential investees and was in detailed discussions with about 10 of them.Quidichs latest product, HypeReality, developed in collaboration with the ICC, is poised to revolutionize fan engagement with sports. We are united in our goal to redefine the global sports viewing experience and are confident that with Centre Court Capital by our side, the game is about to change in ways weve only dreamt of," said Rahat Kulshreshtha, co-founder, Quidich.CCC is a 350 crore fund backed by prominent investors including JSW, the Small Industries Development Bank of India (Sidbi), Premji Invest, USK Capital, and other major corporate sports investors like GMR Sports and SG Sports.Also Read | In a different league: How the IPL dwarfs other sportsMilestone Alert! Livemint tops charts as the fastest growing news website in the world \U0001f30f Click here to know more.3.6 Crore Indians visited in a single day choosing us as Indias undisputed platform for General Election Results.