Sports-tech startup Hudle has raised $1 million in its ongoing Series A funding round from Inflection Point Ventures.
Existing investors Survam Partners and Indian Angel Network also participated in this round.
The company plans to use the funds to fuel growth in existing and new geographies, strengthen the business and technical team, marketing and new additions to the product suite.
New Delhi-based Hudle was founded in 2018 by Suhail Narain, It is a mobile app for sports enthusiasts to find and book sports activities.
“We strongly believe in scaling up through collaboration and bringing together all the stakeholders and are thrilled to welcome IPV on board”, said, Suhail Narain, Founder and CEO, Hudle.
“Hudle is bridging the gap by enabling users to discover and book various sports venues, events and pursue their favourite sport as a hobby or as a fitness activity. “At IPV, we believe in backing purpose driven companies who are dedicated to building a sustainable business and fill an existing market gap”, said Vinay Bansal, Founder and CEO of Inflection Point Ventures (IPV).
In December 2020, Hudle had raised undisclosed amount in pre-Series A round funding from Survam Partners.
Hudle is a sports tech platform which provides easy access to sports activities as a fun, social and engaging form of fitness. Hudle has been building the recreational sports & fitness ecosystem through its tech and on ground experiential services.