New Delhi — Michezo Sports said on Friday it had raised about $2.5 million (around ₹20.8 crore) in a pre-Series A funding round led by venture capital firm Centre Court Capital. Zerodha’s investment arm Rainmatter also participated in the round.
The company said the capital will be used to expand operations into new infrastructure verticals such as swimming pools, public sports facilities and distribution platforms for sports materials.
Founded in August 2019, Michezo Sports designs and installs sports infrastructure across India. The company said it has completed more than 350 projects for over 175 customers nationwide. Its installations follow standards set by international federations including FIFA, FIH, ITF and World Athletics.
Michezo’s projects include athletic tracks, football and hockey pitches and courts for badminton, squash, basketball and volleyball, along with paddle and pickleball arenas. These are located in sports complexes, educational institutions and real estate developments, according to the company.
Michezo said the investment would help expand its reach and strengthen standardisation in a largely unorganised sports infrastructure sector.
Michezo Sports addresses gaps in sports infrastructure
Michezo Sports founder Maharishi Sridhar said the company was set up to address gaps in India’s sports infrastructure. “The industry today remains largely informal and fragmented,” he said.
Centre Court Capital founding general partner Mustafa Ghouse said India’s sports infrastructure market was expanding alongside rising participation and investment. “India’s sports infrastructure sector is entering a pivotal growth phase,” he said.
Rainmatter founder and chief executive Nithin Kamath said wider access to sports facilities was needed to encourage participation. “Sports is a way to build a healthier India, and for that, we need more sports infrastructure that is available and accessible to all,” he said.
Michezo said it plans to focus on quality compliance and international standards as it expands into public and private projects.
Centre Court Capital invests in sports and gaming ventures in India, while Rainmatter is the investment arm of brokerage firm Zerodha, headquartered in Bengaluru.
The companies did not disclose the valuation of the latest investment round.
