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Gamepoint taps into India’s booming sports industry

Entrackr

Entrackr · 2y ago

Gamepoint taps into India’s booming sports industry

Hyderabad-based startup Gamepoint aims to tap into India's booming sports industry by offering a range of sports-focused services, including coaching programs, sports equipment sales and leases, and hosting tournaments. The company currently operates eight sports centers in Hyderabad, with plans to expand to 21 cities and establish 200 centers nationwide. Gamepoint's main revenue drivers are coaching, book-and-play memberships, and corporate events. The company is also looking to enter the sports equipment retail market and is seeking funding to support its expansion plans.

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Sports-tech startup Gamepoint raises pre-Series A round

Entrackr

Entrackr · 6h ago

Sports-tech startup Gamepoint raises pre-Series A round

Sports-tech startup Gamepoint raises pre-Series A round Technology-enabled sports startup Gamepoint has raised Rs 7 crore in a pre-Series A funding round co-led by Zaggle founder Raj P Narayanam and Aditya Vuchi, along with participation from Praveen Raju and others. The proceeds will be used to expand its multi-sport center network and strengthen its technology and operational capabilities. Co-founded by Aditya and Siddharth Reddy, Gamepoint aims to provide convenient access to learn and play sports, operating professionally managed multi-sport centers for people of all age groups. The startup’s centers provide structured coaching programs for children, flexible membership and pay-and-play options for adults, and comprehensive sports event management solutions for corporates, delivered in a safe and hygienic environment. The Hyderabad-based startup’s centers feature international standard courts/fields, specialized coaching programs, membership plans, and on-site sports stores. It operates through a mix of owned and potentially franchised centers, targeting a "neighborhood sports center" model. Gamepoint operates a chain of multi-sport centers across Hyderabad and Warangal, featuring infrastructures for sports such as Badminton, Basketball, Pickleball, Squash, Football, Cricket, Table Tennis, and Swimming. Over the next five years, the company plans to scale to more than 300 centers across metros as well as Tier I and Tier II cities, enabling 1 crore people to play sports in India. To date, it claims to have trained over 12,000 students, enabled more than 3 lakh people to play sports, and organized more than 700 sports events. It directly or indirectly competes with other players in this space such as Premier Badminton Coaching Academy, Machaxi, KheloMore, Huddl, and others.

Michezo Sports Secures $2.5 million in Pre-Series A Funding from Centre Court Capital and Rainmatter by Zerodha

StartupTalky

StartupTalky · 3m ago

Michezo Sports Secures $2.5 million in Pre-Series A Funding from Centre Court Capital and Rainmatter by Zerodha

Michezo Sports, a key player in India’s sports infrastructure sector, has raised $2.5 million in pre-Series A funding from Centre Court Capital and Rainmatter by Zerodha. This investment highlights growing confidence in India's potential to host international sports events. Michezo has developed facilities for over 175 clients and plans to expand into new infrastructure verticals. The funding will support growth, formalization, and scaling of India’s largely informal sports infrastructure sector.

Pickleball’s creating a racket in India, enough for investors to bet big on it

Livemint

Livemint · 11m ago

Pickleball’s creating a racket in India, enough for investors to bet big on it

Pickleball is rapidly gaining popularity in India, transforming from a recreational activity to a booming business opportunity. The sport, a mix of tennis, badminton, and table tennis, is witnessing significant growth, with startups like GoRally and Goodland Pickleball expanding rapidly. India’s pickleball market is expected to grow at a 26% annual rate. The sport's inclusivity and affordability drive its popularity, attracting investors and participants, especially in tier 2 and 3 cities, signaling a shift in India's sports culture.

Daily Indian Funding Roundup & Key News - 4th February 2026

StartupTalky

StartupTalky · 6h ago

Daily Indian Funding Roundup & Key News - 4th February 2026

India's startup ecosystem experienced significant funding activity on February 4, 2026, boosting sectors like climate tech, robotics, nutrition, AI, and sports-tech. Varaha and The Whole Truth secured major investments in Series B and D rounds, respectively, while startups like EyeROV and Gamepoint also drew notable funding. Alongside key IPO announcements from Fractal Analytics and Aye Finance, Google affirmed a major expansion in Bengaluru, underlining robust growth across funding, markets, and corporate sectors.

Zupee halts paid games after blanket ban on real-money gaming, shifts focus to free-to-play strategy

YourStory

YourStory · 5m ago

Zupee halts paid games after blanket ban on real-money gaming, shifts focus to free-to-play strategy

Zupee, a leading Indian online gaming startup, announced it will discontinue paid games following a new law banning real-money gaming platforms. The company will shift focus to free-to-play titles like Ludo Supreme and Snakes & Ladders. This decision comes as Parliament's 2025 Online Gaming Bill imposes a blanket ban on real-money gaming, affecting the once-booming industry. Companies like Dream Sports are expected to make similar moves, pivoting toward alternative gaming models.

Govt keen to make India sports goods manufacturing hub: Mandaviya

Economic Times

Economic Times · 5m ago

Govt keen to make India sports goods manufacturing hub: Mandaviya

Union Sports Minister Mansukh Mandaviya announced plans to establish India as a sports goods manufacturing hub. A task force with National Sports Federations and industry stakeholders will create a policy by year-end to enhance sports goods manufacturing and export. The initiative aims to boost local production, reduce reliance on costly imports, and integrate sports medicines, infrastructure, and education into the larger project, supporting India's growth in the global sports sector.

SFL raises ₹21.57 crores Series A led by Fireside Ventures and Genesia Ventures to scale youth sports across India

StartupTalky

StartupTalky · 2m ago

SFL raises ₹21.57 crores Series A led by Fireside Ventures and Genesia Ventures to scale youth sports across India

Sports for Life (SFL), India’s growing multi-sport youth platform, secured ₹21.57 crore in Series A funding led by Fireside Ventures and Genesia Ventures. The funds will bolster SFL’s mission to deliver structured, quality sports programs for children, enhancing its technology, coaching, and geographical presence. With existing strengths in technology and coaching, SFL aims for expansion while maintaining quality, enhancing trust, and addressing India’s need for robust grassroots sports programs.

Google Play announces best apps and games of 2024 in India: All you need to know

Business Insider

Business Insider · 1y ago

Google Play announces best apps and games of 2024 in India: All you need to know

Google Play has announced its Best of 2024 awards for India, highlighting the country's growing influence in the tech industry. Five of the top seven apps were developed by Indian creators, showcasing India's innovative spirit and use of AI to meet user needs. Mobile gaming is also booming in India, with the country becoming the second-largest market for gaming downloads globally. The winning apps include Alle - Your AI Fashion Stylist, Headlyne: Daily News with AI, and Sony LIV: Sports & Entertainment. The top games include Squad Busters, Indus Battle Royale Mobile, and BGMI (Battlegrounds Mobile India).

GM's Cruise taps Xbox video game veteran as next CEO

TechCrunch · 1y ago

GM's Cruise taps Xbox video game veteran as next CEO

GM's Cruise has named Marc Whitten as its new CEO. Whitten is a video game industry veteran and was a founding engineer at Xbox and Xbox Live. He will assume the role on July 16, filling the position left vacant since co-founder Kyle Vogt resigned in December 2020. Whitten has worked at Unity as CTO, Amazon as GM and VP, and Sonos as Chief Product Officer. Whitten expressed excitement about the opportunity to be a part of the transformation of transportation into a safer and more accessible industry.

Champions League Finalist PSG Becomes First Sports Club to Hold Bitcoin Treasury, Launches Crypto Startup Investments | DeepNewz VC

deepnewz

deepnewz · 8m ago

Champions League Finalist PSG Becomes First Sports Club to Hold Bitcoin Treasury, Launches Crypto Startup Investments | DeepNewz VC

Paris Saint-Germain (PSG) revealed at the Bitcoin 2025 conference that it has been holding Bitcoin in its treasury since last year. The club also intends to invest in Bitcoin-focused startups and companies. This strategic move highlights PSG's commitment to integrating cryptocurrency into its financial strategy, underscoring its position as the first sports club to hold a Bitcoin treasury and indicating a broader trend of digital currency adoption in the sports industry.

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