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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 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, 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 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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IPV leads Rs 4.8 Cr round in e-sports startup Machaxi
Entrackr
·
1y ago
Medial
Tech-enabled sports startup Machaxi has raised Rs 4.8 crore ($580,000) in a pre – Series A Round led by Inflection Point Ventures. The Bengaluru-based company had previously raised $160,000 in a seed round back in 2022 from notable angel investors. The funds will be used to develop technology for user analytics and sports shopping, expand the sports shop vertical, and build the brand, Machaxi said in a statement. Co-founded in 2019 by Pratish Raj, Tushar Raj, and Ashish Anand, Machaxi provides sports coaching for kids, offers facilities for adults to play sports in their neighbourhoods. It also offers an app that allows users to shop for sports equipment. Machaxi claims to have registered a gross revenue run rate of Rs 18 crore, maintaining an EBITDA-positive status since inception. It also claims to have 50,000 users monthly. The company’s facilities cover a wide range of sports, including badminton, swimming, table tennis, football, and cricket, The sports market in India is valued at approximately $5 billion. Machaxi may directly or indirectly compete with other startups like Cult, Flow Sports, Khelomore, Push Sports, Sporthood et al.
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Hudle raises Rs 7 Cr in pre-Series A round
Entrackr
·
1y ago
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.
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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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Healthtech startup Docplix raises Rs 1.2 Cr in bridge round
Entrackr
·
1y ago
Medial
Healthtech startup Docplix has raised Rs 1.2 crore in its bridge round led by Inflection Point Ventures. Earlier in March this year, DocPlix had raised Rs 5 crore in its pre-Series A round led by Eris Lifesciences with the participation of other angel investors. In February 2022, it raised Rs 1.2 crore in seed round. The fresh proceeds will be used for product development, AI integration, and market expansion, Docplix said in a press release. This will involve enhancing its EHR system, incorporating advanced AI capabilities to improve decision support and patient care, and expanding its market reach. Founded by Varun Garg, Aayush Garg, DocPlix’s ABDM-compliant Electronic Health Record (EHR) system ensures secure and interoperable management of patient data. Its integrated Decision Support System (DSS) helps healthcare professionals make informed decisions through data analytics. Additionally, innovative visualization tools make patient data easy to understand, enhancing patient care and clinic efficiency. The startup claims to serve over 2,000 doctors, extending its reach through programs and remote clinics in tier-II and tier-III cities to address healthcare needs in underserved areas.
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LoanTap raises Rs 74 Cr to expand MSME supply chain financing
YourStory
·
1m ago
Medial
LoanTap, a digital lending platform, has raised Rs 74 crore in a pre-Series C round to enhance its supply chain financing for small retailers. The funding includes Rs 54 crore in equity led by July Ventures and Rs 20 crore in venture debt. LoanTap's supply chain financing division, LT Credit, has financed over 4.5 lakh invoices worth Rs 1,000 crore for more than 50,000 retailers in two years, aiming to fund one million invoices next year.
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Allo Health raises Rs 16 Cr in pre-Series A round
Entrackr
·
4m ago
Medial
Allo Health raises Rs 16 Cr in pre-Series A round Sexual health startup Allo Health has raised Rs 16 crore ($1.83 million) in its pre-Series A round led by Rainmatter along with existing investors. Prior to this round, Allo had raised $4.4 million in seed funding led by Nexus Venture Partners, with participation from founders and operators, including Binny Bansal (Flipkart), Deepinder Goyal (Zomato), Rohit MA (Cloudnine), and Sandeep Singhal (Nexus). The proceeds will be used to ramp up clinic densification, invest in deeper technology capabilities, and enhance patient engagement as Allo continues to scale. Founded by Pranay Jivrajka, Allo has built a hybrid ecosystem that combines physical clinics, AI-powered treatment protocols, and trained medical professionals. Allo’s proprietary doctor training programs, AI-powered clinical decision support, and research-backed treatment helps it manage effectively. Since its inception, Allo claims to have treated over 200,000 patients across India, achieving a 85% improvement in patient outcomes, with over 35 clinics across major cities, including Bangalore, Mumbai, Pune, Hyderabad, Chennai, Mysore, and Ranchi.
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Mobility startup Pumpumpum raises Rs 2 Cr led by IPV
Entrackr
·
1y ago
Medial
Fintech mobility startup Pumpumpum has raised Rs 2 crore in a new round led by Inflection Point Ventures (IPV). Previously, the startup had raised $2 million in equity from LC Nueva Investment Partners, Founders Room Capital, LetsVenture and others in June 2022. The proceeds will be used for growth in operations, geographical reach, technological advancements, marketing endeavors and overall organizational development. Founded in 2018 by Tarun lawadia and Sameer Kalra, PumPumPum works in B2B2C & B2C pre-owned car leasing model. It offers a subscription-based platform that prioritizes consumer convenience, flexibility, and affordability. Through the integration of technology and data analytics, the firm delivers an easy and personalized experience for accessibility and convenience. Earlier this month, IPV invested in edtech startup MyCaptain in its Rs 14 crore (approximately $1.7 million) new round. Its recent investments include BonV Aero, AllTrak, Onedioss, among others.
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