Machaxi Raises $1.5 Mn Funding From Rainmatter, Prakash Padukone, Others

Machaxi, a sportstech startup focused on grassroots coaching and digital sports infrastructure, has secured $1.5 million in a funding round led by Rainmatter, the investment arm of zerodha. 

Indian badminton legend Prakash Padukone and existing investors also participated in this round.

The funding will help Machaxi expand beyond Bengaluru into Hyderabad, Pune, and Chennai, while also developing a nationwide system for AI-powered badminton coaching.

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“We’ve always believed in the power of grassroots sports to transform communities. Machaxi’s tech-driven approach to coaching, combined with a solid on-ground strategy, aligns perfectly with our mission at Rainmatter to back sustainable and impactful ventures. We’re excited to support them on this journey,” said Nithin Kamath, Founder of Zerodha and Rainmatter.

"I’ve always believed that the future of Indian badminton lies in structured grassroots development. Machaxi’s vision to scale coaching while maintaining quality through AI is forward-thinking and impactful. I’m thrilled to partner with them in shaping the next generation of champions," said, Prakash Padukone, an Ace Indian Badminton player.

Pratish Raj, Co-founder, Machaxi, said, “This partnership is a big step forward in our mission to make quality sports coaching accessible to everyone in India. With the support of Rainmatter and the visionary backing of Padukone, we’re working toward a future where every aspiring athlete no matter where they come from can train with consistency, purpose, and access to world-class infrastructure. Our AI-powered model is built to ensure that potential is discovered and nurtured, not overlooked. We’re proud to be at the forefront of this shift in grassroots sports.”

About Machaxi 

Founded in 2022 by Pratish Raj, Tushar Raj, and Ashish Anand, Bengaluru-based Machaxi provides training programs that deliver consistent, high-quality coaching no matter the location.

The company plans to expand across India, supporting both beginners and future professional athletes.

As part of this growth, Machaxi has teamed up with the Padukone School of Badminton to launch the “Machaxi x Padukone School of Badminton” program. The goal is to set up over 1,000 coaching centres in the next four years. The program will also use a system to track performance and support coaches, helping scale training without replacing the human touch.

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