M&A
PadelPark merges with MS Dhoni’s 7Padel
Mumbai-based Turf sporting startup PadelPark India has merged with fellow Mumbai-based 7Padel , owned by MS Dhoni.Founded in 2020 by Nikhil Sachdev, Ronak Daftary, and brothers Jigar and Pratik Joshi, PadelPark earns most of its revenue from leasing its over 40 courts. It is claimed to have turned EBITDA positive in FY24.The combined entity plans to expand beyond Tier 1 cities to non-metro areas, with a goal to increase the number of padel courts under its umbrella to 400-500 through a franchise-based model.
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