In its pre-Series A funding round, which was led by Centre Court Capital and PeerCapital, sportstech firm Stupa Sports Analytics has secured INR 28 crore.
With its many platforms, the company offers sports clubs, game federations, and broadcasting capabilities analytics of player performance data and sports digitalization tools.
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As Stupa develops into the US and India, it presently works with 15 enterprises and federations; by the end of this year, it anticipates this number to reach over 50.
Megha Gambhir chief executive at Said, Stupa will employ the newly raised funds to expand in India and the US.Additionally, the money will be used to hire marketing and sales personnel in the EU and grow the company's engineering and product teams. The majority of Stupa's 60 Delhi-based staff members are tech and product executives.
Mustafa Ghouse, General Partner at Centre Court Capital Said: “Having closely monitored (Stupa cofounders) 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,”
About Stupa Sports Analytics
Founded by Megha Gambhir and Deepak Malik, Stupa Sports Analytics is an end-to-end scalable and aggregated platform that includes performance analytics for athletes, a digitized event management system for federations, OTT for fans, content and live streaming for betting, and media platforms with wide opportunities to unlock monetisation.
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