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Real Sports Gaming Platform Game Theory Raises $2 Million In Funding From Nithin Kamath’s Rainmatter, Others

PRIVATEOct 17, 2023

Amount Raised

$2 Million

Round Type

Seed

BengaluruGamingSports

Description

Real sports gaming platform Game Theory said on Tuesday it has picked $2 million in funding from Rainmatter (a startup accelerator fund started by Nithin Kamath’s Zerodha), Indian tennis player Rohan Bopanna, WEH Ventures, Prequate Advisory, and angel investors, including Balakrishna Adiga. Game Theory helps people playing physical sports regularly find skilled players to play with and coordinate games. The company said the funds raised will be used to develop its technology, build skill-based matchmaking, establish coaching products, and expand the reach of smart sporting facilities.“Our fully-integrated technology platform, with several first-in-the-worlds, will bring interactive features like real-time scorekeeping, video highlights, pro sports like stats and on-court matchmaking to enhance the overall experience for our users. This successful fundraising is just the beginning of how everyday sports can be transformed with technology," said Game Theory’s founder Sudeep Kulkarni.The company aims to expand its reach by increasing the number of centres and adding tennis, table tennis, and football to its existing range of sports, such as badminton, swimming, and squash.Powered ByVideo Player is loading.Play VideoPlaySkip BackwardMuteCurrent Time 0:00/Duration 0:00Loaded: 0%Stream Type LIVESeek to live, currently behind liveLIVERemaining Time -0:00 1xPlayback RateChaptersChaptersDescriptionsdescriptions off, selectedCaptionscaptions and subtitles off, selectedAudio TrackPicture-in-PictureFullscreenThis is a modal window.No compatible source was found for this media.Beginning of dialog window

Who else raised in Gaming and Sports around the same time

Companies in the same sectors as Game Theory that raised within 45 days of this round, from Fundz verified event records.

  • SHRAPNEL raised $20M (Funding Round) on October 25, 2023.
  • Rascal Games raised $4.2M (Seed) on September 13, 2023.
  • Curve Health raised $3.9M on December 1, 2023.
  • Super League Enterprise raised $5.4M on November 30, 2023.
  • Thirdverse raised $8M (Funding Round) on November 30, 2023.
  • Humo raised $40K (Pre-Seed) on November 30, 2023.

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Company Information

Company

Game Theory

Location

Bengaluru, Karnataka, India

About

Where esports experiences meets real sports - video highlights, matchmaking, communities, tournaments, coaching and more!

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