Leading the Series A investment round, Omidyar Network India-led sports-tech firm SportVot has secured Rs 9.4 crore. Along with current investors Capital A, Ankur Capital, Sucseed Indovation Fund, Marwah Sports, Anicut Capital, StartupLynk, and Ventana Ventures also took part in the investment round.
With the additional funding, the firm plans to develop SportVot’s commercial and technology solutions to increase engagement with sports in India, as reported by The Economic Times.
SportVot’s cofounder Sidhhant Agarwal, said, “With this substantial investment, we aim to expand our technology and product offerings, not just within India but also internationally. Our goal is to make sports and advanced sports technology accessible to the millions of athletes and sports organisations across India and beyond.”
SportVot’s unique media technology makes local sports streaming easier, cheap, and accessible to the sports ecosystem, called the SportVot Broadcasting Suite.
Rohan Vyavaharkar, director at Omidyar Network India, commented, “SportVot is providing a platform for nurturing grassroots-level sports and democratising the process of talent discovery, especially those with limited opportunities such as the NHB. We believe in Sidhhant, Shubhangi and Yash’s vision and that SportVot will play a pivotal role in helping transform significant aspects of the sports sector in India.”
Sportvot Is India’s Leading Platform To Support Local Indian Sporting Talent. A Multi-Sports OTT Platform With In-Depth Performance Analysis, Player Profiling, And Data Solutions For Grassroots-Level Community Sports.
SportVot is an Indian Sports platform where users can watch the local match live streams, highlights and emerging athletes of India.