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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.

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IPV leads Rs 4.8 Cr round in e-sports startup Machaxi

EntrackrEntrackr · 1y ago
IPV leads Rs 4.8 Cr round in e-sports startup Machaxi
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.

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.

Healthtech startup Docplix raises Rs 1.2 Cr in bridge round

EntrackrEntrackr · 1y ago
Healthtech startup Docplix raises Rs 1.2 Cr in bridge round
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.

DealShare co-founder’s startup Sports for Life raises Rs 21.57 Cr in Series A

EntrackrEntrackr · 2m ago
DealShare co-founder’s startup Sports for Life raises Rs 21.57 Cr in Series A
Medial

SFL (Sports for Life) has raised Rs 21.57 crore ($2.58 million) in a Series A round led by Fireside Ventures and Genesia Ventures, with participation from Roots Ventures, TDV Partners, and other existing investors. The proceeds will be used to expand into new cities, grow multi-sport academies, add sports, strengthen coaching capacity, and build more features into the performance and communication platform. SFL plans to invest in livestreaming systems, monitoring tools, and deeper analytics as it scales access to structured youth sports across India. Co-founded by DealShare co-founder Sourjyendu Medda and Armaan Tandon, SFL operates a youth sports platform that integrates academies, leagues, and a technology layer. The firm uses an AI-driven performance system that collects training and match data to generate personalised learning plans, progress reports, and decision-support tools for coaches. SFL currently operates in Mumbai and Pune. It claims to have coached more than 1,500 children and ran tournaments with participation from over 2,000 players. Its football league drew more than 100 teams in its second season. Over the next year, SFL plans to enter Bengaluru and NCR, onboard 10,000 new children into academies and 20,000 into tournaments, and expand its sport offerings from seven to twelve, including cricket.

Sports-tech startup Gamepoint raises pre-Series A round

EntrackrEntrackr · 15d 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.

Healthtech startup CURAPOD raises Rs 20 Cr in pre-Series A round

EntrackrEntrackr · 10d ago
Healthtech startup CURAPOD raises Rs 20 Cr in pre-Series A round
Medial

Healthtech startup CURAPOD has raised Rs 20 crore (around $2.2 million) in a pre-Series A round led by V3 Ventures, 3i Partners, and Ideaspring Capital. CURAPOD is backed by Litemed. The fresh capital will be used to accelerate research and development, enhance its device and companion app, scale manufacturing, and expand go-to-market efforts. It also plans to strengthen its direct-to-consumer presence, expand partnerships with gyms, physiotherapy centres, and sports medicine networks, and improve operational efficiencies. Founded in 2022 by Sri Velliyur and Surya Maguluri, CURAPOD develops wearable, non-invasive pain management devices focused on musculoskeletal conditions. The brand’s device uses photobiomodulation therapy and is designed to address conditions such as back pain, neck pain, knee pain, joint disorders, muscle stiffness, and sports-related injuries. The device is FDA-registered and supports more than 30 musculoskeletal conditions, offering a drug-free alternative to conventional pain management methods. The firm follows a clinician-led adoption model and is expanding its footprint across India.

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