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News on Medial
Stupa Sports Analytics Nets INR 28 Cr To Offer AI Solutions To Sports Federations
Inc42
·
1y ago
Medial
Sports analytics startup Stupa Sports Analytics has raised INR 28 Cr (approximately $3.3 Mn) in its Pre-Series A funding round. The Gurugram-based company, founded in 2020, offers AI-driven solutions like player performance analytics to sports federations. The funds will be used for talent acquisition, global expansion, and product scaling. Stupa aims to penetrate the B2C market in India and the US while deepening its existing business in Europe and Asia. They currently serve over 15 sports federations and have partnered with the European Federation for Table Tennis. India is home to 1,549 sports tech startups.
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Stupa Sports Analytics raises Rs 28 Cr in pre-Series A round
Entrackr
·
1y ago
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.
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Stupa Sports Analytics, Infurnia secure early-stage funding
VCCircle
·
1y ago
Medial
Sports technology startup Stupa Sports Analytics has raised $3.3 million in a pre-Series A funding round led by Centre Court Capital and Peer Capital. The company plans to use the funds to expand internationally, improve its technology, and hire talent. Stupa Sports Analytics offers AI-based solutions for player performance analytics, broadcasting capabilities, and sports digitization tools. Meanwhile, architecture and design software startup Infurnia has secured $1.2 million in funding to expand its market presence and develop its products. Infurnia provides a cloud-based platform for professionals to design buildings, interiors, and modular kitchens.
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Centre Court signs first cheque to Stupa Sports, eyes more opportunities
Livemint
·
1y ago
Medial
Centre Court Capital (CCC), a sports technology and gaming fund, has selected 10 startups from a pool of over 350 potential investments. The fund's first investment has been made in Stupa Sports Analytics, a company that offers AI-driven solutions for player performance analysis and sports digitization tools. CCC aims to invest in tech-enabled sports businesses and will focus on opportunities related to performance analytics and fan engagement. With a target corpus of INR 350 crore, CCC has already received INR 200 crore in commitments from investors. The fund is looking to make 8-10 investments and reserves 50% of the fund for follow-up rounds.
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Centre Court Capital backs Quidich Innovation Labs in Series A funding round
Livemint
·
1y ago
Medial
Venture capital firm Centre Court Capital (CCC) has led a Series A investment round in Quidich Innovation Labs, a sports broadcast technology company. The funding will be used to enhance Quidich's technology and expand its reach into new sports and geographies. Quidich is known for its advanced camera systems, computer vision, and augmented reality, and aims to elevate live sports broadcasts. CCC's investment aligns with its focus on sports technology and follows its initial investment in sports analytics company Stupa Sports Analytics. Quidich has partnerships with major sports entities such as BCCI and ICC.
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CredAble Nets INR 30 Cr Debt To Extend Financing Solutions
Inc42
·
1y ago
Medial
Mumbai-based fintech startup CredAble has secured INR 30 crore (about $3.6 million) in debt funding from the Small Industries Development Bank of India. The funds will be used to expand the company's operations and provide affordable financing options to micro, small, and medium enterprises (MSMEs) as well as women-led businesses in India. Earlier this year, CredAble raised $9 million (around INR 75.2 crore) from Axis Bank and OAKS Asset Management to fuel its growth strategy and offer credit solutions to SMEs and larger corporations.
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Real sports gaming platform Game Theory acquires sports analytics startup Matchday
Economic Times
·
1y ago
Medial
Real sports gaming platform Game Theory has acquired sports analytics startup Matchday.ai. The acquisition, effective from October 28, aims to enhance gameplay for sports enthusiasts at all levels by leveraging Matchday's deeptech capabilities. Game Theory offers a platform for connecting and tracking scores, health levels, and other features for various sports. Funding of $2 million was recently received by Game Theory from Rainmatter, Rohan Bopanna, WEH Ventures, and other investors. Matchday's computer vision technology and AI capabilities were the key factors in the acquisition.
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Tech Mahindra partners with AWS to build sports cloud platform
IndianStartupNews
·
1y ago
Medial
Tech Mahindra has partnered with Amazon Web Services (AWS) to develop a sports cloud platform. The collaboration aims to enhance digital capabilities for sports organizations and provide personalized experiences for fans worldwide. The platform will leverage IoT for efficient stadium management and offer data-driven insights. It will be built on AWS, utilizing real-time analytics, AI, ML, AR/VR, enriched broadcasting, and Web 3.0 technologies. AWS services like AWS Elemental MediaLive, MediaConvert, and Amazon Managed Blockchain will be integral to the platform. The collaboration aims to transform the sports industry and improve fan engagement.
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India’s Sportstech Field: 13 Startups Tapping The Sports Opportunity
Inc42
·
9m ago
Medial
Indian sports tech startups have raised a total of $139 million in funding across 29 deals from 2014 to November 2022. Despite the relatively low funding amount, there is growing momentum in the Indian sports tech space with notable figures launching sports tech funds, IIT Madras hosting its inaugural Sports Tech Start-Up Conclave, and Centre Court Capital introducing a sports tech fund worth INR 350 crore. There is still plenty of untapped potential for innovative startups in areas like venue booking, athlete performance tracking, and analytics.
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Digital Consulting Firm Billio Eyes INR 2,000 Cr Investment In India
Inc42
·
1y ago
Medial
Bain Capital-backed digital consulting firm Brillio plans to invest INR 2,000 Cr (approximately $240 Mn) in India over the next five years. The company aims to double its employee count from the current 4,000-4,500 to 8,000-9,000. To expand its presence, Brillio plans to set up new centers in Indian cities like Delhi NCR and Jaipur. The investment is part of the company's strategy to achieve a revenue target of $1 Bn. Brillio focuses on digital transformation solutions, including data analytics, AI, and cloud infrastructure.
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3AI launches integrated marketplace for GCCs
Economic Times
·
11m ago
Medial
AI and analytics marketplace, 3AI, has launched GCC Sphere, an integrated marketplace and hub exclusively for Global Capability Centers (GCCs). GCC Sphere aims to cater to the consulting, services, solutions, talent, learning and development, academia, workplace, and other requirements of GCCs. The marketplace will offer curated data, AI, and analytics solutions services, and enable the building and improvement of best practices in these areas. It will also showcase select partners from the 3AI ecosystem to help GCCs on their respective journeys.
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