Stupa Sports Analytics Raises INR 280 Mn Funding for Global Expansion

Discover how Stupa Sports Analytics secured a staggering INR 280 million in funding. What's driving their global expansion? Dive into the full story for insights on their innovative vision reshaping the sports industry!

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Stupa Sports Analytics Raises INR 280 Mn Funding for Global Expansion

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Stupa Sports Analytics, a prominent player in the sports technology arena, has announced a significant milestone with the procurement of INR 280 million in a Pre-Series A funding round. Spearheaded by Centre Court Capital and PeerCapital, this infusion of capital is poised to bolster Stupa's ambitious growth strategies and fortify its technological prowess in revolutionizing the global sports industry.

Driving Innovation in Sports Technology

Stupa Sports Analytics has carved a niche for itself by offering a comprehensive suite of AI-driven solutions tailored for advanced analytics of player performance data, broadcasting capabilities, and sports digitization tools. With a clientele spanning athletes, sports federations, broadcasters, and fan communities worldwide, the company stands at the forefront of leveraging technology to enhance the sports experience across the globe.

The freshly secured funding will be allocated towards attracting top-tier talent in the realms of AI/ML and engineering, thereby ensuring the development of cutting-edge solutions to stay ahead in the rapidly evolving sports-tech landscape. Moreover, Stupa envisions an expansive footprint across key markets such as the US, UK, Australia, and the Middle East, while also consolidating its presence in Europe and Asia. This strategic expansion aligns with the company's mission to diversify its product offerings, accommodating a broader spectrum of sports disciplines, including emerging sports like pickleball and padel alongside stalwarts like table tennis and badminton.

Megha Gambhir, the Co-founder and CEO of Stupa Sports Analytics, expressed her gratitude towards the investors, stating, "At Stupa, we envision a future where cutting-edge sports technology empowers athletes, federations, and fans alike with data-driven insights and digitally augmented experiences. I am grateful for the enthusiastic support and confidence shown by Centre Court Capital and PeerCapital. Their backing propels us closer towards our vision of transforming sports through innovative technology."

Efforts to Make in India

She further emphasized the company's commitment to the "Make in India" initiative, asserting, "With our innovative solutions already being leveraged by over 15 international federations, we are proud flag-bearers of ‘Make in India’ sports tech taking center stage globally. Our ambition is to elevate the sporting journey for every Indian athlete and amateur player, fueling their passion and enabling them to realize their true potential in the global space."

Stupa Sports Funding So Far...

Before this latest funding round, Stupa had successfully raised INR 75 million in seed and pre-seed funding. Looking ahead, the company is gearing up for another fundraising endeavor in 2025, with a strategic focus on implementing data and media rights monetization strategies, expanding into the B2B2C segment catering to players, coaches, and fans, and further diversifying its portfolio of sports disciplines.

Mustafa Ghouse, General Partner at Centre Court Capital, lauded Stupa's trajectory, remarking, "Having closely monitored Megha and Deepak's journey over the past two years, we are highly impressed by their unwavering dedication to redefining the future of racquet sports. We're excited to collaborate on their next phase of growth as they look to integrate their AI-driven analytics engine with cutting-edge sports technology on a global scale."

Echoing similar sentiments, Ankur Pahwa, Managing Partner at PeerCapital, commended Stupa's pioneering efforts, stating, “PeerCapital is proud to celebrate and support Deepak and Megha’s resilience and innovative foresight towards building a one-of-its-kind AI-powered global sports analytics platform. They are championing the ethos of, “From India, for the world.” We cannot think of any better two people suited to create a paradigm shift in sports technology. We’re pumped to embark on this journey with Stupa as they fuel the new age sports enthusiasm shown by athletes and fans across the world.”

With Stupa Sports Analytics poised for exponential growth fueled by strategic investments and a steadfast commitment to innovation, the global sports landscape is set for a transformative journey towards data-driven excellence and enhanced fan engagement.

Disclaimer: This content was not produced by the TICE editorial team. It is a press release sent by the respective company/representative/public relations team. At best, it may have been tweaked creatively or editorially without altering any provided facts.

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