India, Jan. 7 -- Turf sporting startup PadelPark India has merged with MS Dhoni owned competitor 7Padel, as per a release on Wednesday. The merger will aid the two to create a holistic padel ecosystem in the country, it said.

The platform will be built keeping rapid scaling, deeper community engagement and more professionally structured play in mind, the sportstech startup added.

Along with cricketing legend MS Dhoni, the merged entity is also backed by JSW Sports owner Parth Jindal, who has been an early investor in PadelPark.

The startup, which earns most of its revenue from leasing the over 40 courts under its management, turned EBITDA positive in FY24. It clocked a net revenue of INR INR 2.5 Cr during the financial year.

Founded b...