Parth Jindal Leads Funding for PadelPark India to Boost Padel Sport

PadelPark India, an ecosystem and market leader dedicated to the sport of Padel in India, received a boost with a fresh round of funding led by Parth Jindal, Founder of JSW Sports and Inspire Institute of Sport (IIS). Padel is a racquet sport with its roots in Mexico and has gained significant interest globally, especially in Europe.

The sport’s rapid growth is evident with the number of courts worldwide increasing from around 10,000 in 2016 to more than 50,000 in 2024, and it is expected to reach around 60,000 courts by 2026. The global padel industry is currently valued at over $2.2 billion, with more than 25 million players in 110 countries, and is projected to grow at an annual rate of 22%, reaching $6.6 billion by 2026.

With 23% of India’s population actively participating in sports, the country presents a significant market opportunity with 232 million potential padel enthusiasts. Commenting on his investment, Parth Jindal said, “PadelPark is building an ecosystem for the sport of Padel in the country, ranging from establishing the necessary infrastructure to creating a coach and student education program to establishing a robust tournament framework.”

Ronak Daftary, PadelPark co-founder, added, “We are excited to have Parth and his team on board with us and share his vision of making India the largest producer and distributor of Padel courts in the world.”

Headquartered in Mumbai and self-funded since its inception in 2020, PadelPark India is committed to being at the forefront of the growth of Padel infrastructure in India and Asia through a strategic partnership with Sky Padel, a leading Spanish organization. The company also operates the Indian Padel Academy, offering coaching and training at both grassroots and advanced levels.

PadelPark’s co-founders, Ronak Daftary, Jigar Doshi, Nikhil Sachdev, and Pratik Doshi, bring extensive experience in managing sports infrastructure and share a passion for promoting sports adoption across India. Currently, PadelPark India operates 11 padel courts in Mumbai and has constructed over 22 courts for various sports clubs, hotels, resorts, and corporate entities.

PadelPark India plans to establish more than 100 Padel clubs across the country over the next few years through a combination of its own and franchise-run centers. The new funding will be used to scale up their infrastructure and enhance the offerings of their academy and events. PadelPark India is on track to deliver 40 Padel Courts in the next three months, open 15 Padel Centers/clubs in the next 60 days, and train 250 people from next month. They will also host the largest on-ground Padel tournament India has seen with 90 teams and top-tier sponsors on August 23rd.