🚀 Medial Secures Investment on Shark Tank India - Fueling the Future of Professional Social Networking. 🔥
Login

News on Medial

Sports-tech startup Gamepoint raises pre-Series A round

EntrackrEntrackr · 7h ago
Sports-tech startup Gamepoint raises pre-Series A round
Medial

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.

Related News

Stupa Sports Analytics raises Rs 28 Cr in pre-Series A round

EntrackrEntrackr · 1y ago
Stupa Sports Analytics raises Rs 28 Cr in pre-Series A round
Medial

Sportstech startup Stupa Sports Analytics has raised Rs 28 crore in its pre-Series A round led by Centre Court Capital and PeerCapital. Earlier to this pre-Series A round, Stupa had raised Rs 7.5 crore in seed and pre-seed funding. The proceeds will be used to fuel its talent acquisition, global expansion, and product enhancement initiatives. The latest fund pool will also be deployed to attract top AI/ML and engineering talent to build advanced solutions. The fund will also power Stupa’s ambitions to expand globally into markets like the US, UK, Australia, and the Middle East while expanding its existing presence in regions like Europe and Asia. Founded by Megha Gambhir, Stupa Sports Analytics offers a comprehensive suite of AI-driven solutions for advanced analytics of player performance data, broadcasting capabilities and sports digitization tools for athletes, sports federations, broadcasters and fan communities worldwide. Stupa claims to have established over 15 strategic partnerships with key governing bodies and sports federations, primarily in Europe.

Hudle raises $2.5 Mn in Series A round led by Sky Impact Capital

EntrackrEntrackr · 6m ago
Hudle raises $2.5 Mn in Series A round led by Sky Impact Capital
Medial

Hudle raises $2.5 Mn in Series A round led by Sky Impact Capital Sports-tech platform Hudle has raised $2.5 million in Series A funding led by Sky Impact Capital, with participation from Physis Capital, Atrium Venture, and notable angels including Mahesh Bhupathi, Gaurav Kapur, and the founders of Blue Tokai and Nitro Commerce. Earlier in April last year, Hudle had raised Rs 7 crore in its pre-Series A round led by Inflection Point Ventures. The proceeds will be used to expand its venue network, enhance product features, and roll out a new rating system to improve engagement across recreational sports. Founded by Suhail Narain, Arjun Singh Verma and Sonam Taneja, Hudle connects players with over 2,000 venues across 60 Indian cities, enabling real-time booking and game participation for emerging sports like badminton, pickleball, padel, and others. It facilitates over 150,000 games per month, and aims to cross 3 million games by the end of this fiscal. With over 3.5x growth in gross transaction value and 2.5x revenue growth in the last year, the firm's tech stack supports easy discovery, performance tracking, and game matching. In August 2025, Hudle will launch GRIP (Game Rating Index for Players), a scoring and ranking system for recreational sports, starting with pickleball, padel, and badminton.

Hudle raises Rs 7 Cr in pre-Series A round

EntrackrEntrackr · 1y ago
Hudle raises Rs 7 Cr in pre-Series A round
Medial

Sportstech platform Hudle has raised Rs 7 crore in its pre-Series A round led by Inflection Point Ventures and Sky Impact Capital. The round also saw participation from Survam Partners and Anay Ventures. The proceeds will be used for footprint expansion, product enhancements and marketing efforts, the company said in a press release. Founded by Suhail Narain, Arjun Singh Verma and Sonam Taneja, Hudle is a sports tech platform catering to the preventive healthcare market. It helps sports and fitness enthusiasts to discover venues in their hyper local markets, book sports activities and connect with like-minded individuals to form communities. Backed by brand ambassadors like Ajinkya Rahane, Hudle claims to have facilitated over one lakh games per month across 1,300 venues in 60 cities. It has an engaged community of over five Lakh players. Last month, IPV invested in edtech startup MyCaptain in its Rs 14 crore (approximately $1.7 million) new round and fintech mobility startup Pumpumpum. Its recent investments include BonV Aero, AllTrak, and Onedioss, among others. According to data intelligence platform TheKredible, Inflection Point Ventures emerged as the most active investors in Q1 2024 with 11 investments. Blume Ventures, Venture Catalysts and Fireside Ventures were next on the list.

Sports-tech startup StepOut raises $1.5 Mn led by Rainmatter

EntrackrEntrackr · 14d ago
Sports-tech startup StepOut raises $1.5 Mn led by Rainmatter
Medial

Bengaluru-based sports-tech startup StepOut has raised $1.5 million in a Pre-Series A funding round led by Rainmatter by Zerodha. The round also saw participation from SucSEED Innovation Fund and Misfits Capital. Rainmatter had earlier led the company’s seed round in late 2024. The proceeds will be used to expand international operations, deepen investments in AI and computer vision, and scale product capabilities. StepOut also plans to expand beyond football into amateur sports and other disciplines over time. Founded by Jeet Karmakar and Sayak Ghosh, StepOut is an AI-powered football performance and intelligence platform focused on player development, match analysis, and scouting. The platform is used across youth, semi-professional, and professional football. Since its last funding round, StepOut claims to have analysed over 25,000 matches, tracked over 150,000 players, and reported 3x year-on-year revenue growth with a 90% customer renewal rate. The startup currently serves 120 clubs, academies, and federations across 23 countries. StepOut’s platform offers tools such as AI-driven match analysis, automated highlights, performance dashboards, live match analytics, and advanced football metrics including xG, xA, PPDA, and player impact scores. It has been deployed across tournaments like the Dream Sports Championship and elite domestic competitions. The startup works with clubs and federations including AFC Ajax, Rayo Vallecano, Bengaluru FC, Hong Kong FC, and the All India Football Federation, and is running pilots with global clubs such as Real Madrid, Chelsea, Fulham, and Espanyol.

Download the medial app to read full posts, comements and news.