Machaxi raises $1.5 Mn from Rainmatter and Prakash Padukone to expand into new cities and enhance its AI-powered coaching platform.
Jun 11, 2025•6 months ago
Amount Raised
$1.5 Million
Round Type
seed
Investors
Prakash PadukoneRainmatter
Description
Machaxi, a Bengaluru-based sports-tech startup, has raised $1.5 million in a funding round led by Rainmatter, with participation from Prakash Padukone. The funding will support expansion into Hyderabad, Pune, and Chennai. Machaxi aims to standardize badminton training across India and has partnered with the Padukone School of Badminton. The goal is to set up over 1,000 coaching centres in the next four years.
Funding Insights
Based on industry dataVC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers