Machaxi raises $1.5 Mn from Rainmatter and Prakash Padukone to expand into new cities and enhance its AI-powered coaching platform.
Amount Raised
$1.5 Million
Round Type
Seed
BengaluruSportsInvestors
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.
Quick answer
Machaxi raised $1.5 Million in a Seed round, dated June 11, 2025. Investors: Prakash Padukone and Rainmatter. Machaxi is based in Bengaluru, Karnataka, India.
- How much did Machaxi raise?
- Machaxi raised $1.5 Million in a Seed round on June 11, 2025.
- Who invested in Machaxi?
- Prakash Padukone and Rainmatter are named as investors in this round.
- What does Machaxi do?
- Machaxi is a sports company that was founded in 2019 with the aim of providing high-quality sports facilities and coaching in Bangalore.
- Where is Machaxi based and how big is it?
- Machaxi is based in Bengaluru, Karnataka, India. Fundz records about 72 employees.
- Who are the decision-makers at Machaxi?
- Fundz holds 1 contact at Machaxi. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Sports around the same time
Companies in the same sectors as Machaxi that raised within 45 days of this round, from Fundz verified event records.
- Trendex raised $280K (Seed) on July 25, 2025.
- Hudle raised $2.5M (Series A) on July 21, 2025.
- Padel Haus raised $7M (Series B) on July 14, 2025.
- Theo Health raised $1.6M (Funding Round) on July 8, 2025.
- Movetru raised $1.6M (Pre-Seed) on July 8, 2025.
- Fantasy Life raised $7M (Seed) on July 7, 2025.
Who to call at Machaxi, and when
A new round usually means Machaxi is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Machaxi raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Machaxi, from your own LinkedIn network
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