VERTICES PARTNERS, Lexapar, IC RegFin Legal and Luthra act on PlayBlue fundraise

Play Blue Sports Private Limited has raised $2.7 million from a seed fundraise co-led by Centre Court Capital and MIXI Global, with participation from WEH Ventures.

VERTICES PARTNERS advised PlayBlue on this fundraise.

The transaction was led by Vishal Mehta (Partner), along with a team that included, Associates Darshan Rajesh Chheda and Cashmira Poonacha.

Founder and Managing Partner Vinayak Burman provided strategic inputs.

Lexapar advised lead investor Center Court Capital on this fundraise.

The transaction was led by Rishi Shroff (Founder) and Manushi Shah (Senior Legal AI Specialist).

IC Regfin Legal advised lead investor MIXI Global Investments Inc (Japan) on this fundraise.

The transaction was led by Ankit Bhasin (Partner) with support from Associates Jesika Somani and Sneha Sakshi.

Luthra and Luthra Law Offices India advised WEH Ventures on this fundraise.

The transaction was led by Arindam Basu (Partner), along with Palaaksha Kandhari (Associate).

PlayBlue is sports retail brand offering premium sports gear and expert guidance, focused on serving the growing community of active players and fitness enthusiasts in India.

The capital will be used to fund the launch of the company's first set of flagship stores and its pan-India e-commerce platform.

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