Sports Retail Brand PlayBlue Bags $2.7 Mn To Expand Into Offline Retail

Sports retail startup PlayBlue has secured $2.7 Mn (₹25.7 Cr) in a seed funding round co-led by Centre Court Capital and MIXI Global, with participation from WEH Ventures. The startup plans to use the capital to launch its first set of flagship stores and its pan-India ecommerce platform. It plans to set up a network of 150 stores over the next five years and build a community of more than 1 Cr users.