Machaxi raises INR 4.8 Crore in a Pre Series A round led by Inflection Point Ventures to develop user analytics technology and expand sports shopping
Amount Raised
₹48 Million
Round Type
Pre-Series A
Investors
Description
Machaxi, a tech-enabled sports startup, has raised INR 4.8 Crore in a Pre Series A Round led by Inflection Point Ventures. The funds will be used to develop technology for user analytics and sports shopping, expand the sports shop vertical, and to build the Machaxi brand. The company provides technology-enabled sports coaching for kids, offers state-of-the-art facilities for adults to play sports in their neighbourhoods, and offers an app that allows users to shop for sports equipment.
Quick answer
Machaxi raised ₹48 Million in a Pre-Series A round, dated June 27, 2024. Investors: Inflection Point Ventures. Machaxi is based in Bengaluru, Karnataka, India.
- How much did Machaxi raise?
- Machaxi raised ₹48 Million in a Pre-Series A round on June 27, 2024.
- Who invested in Machaxi?
- Inflection Point Ventures is 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.
- TOCA Football raised $9.1M on August 7, 2024.
- Shot Scope raised $8.5M (Series B) on July 31, 2024.
- Game Theory raised an undisclosed amount (Seed) on July 29, 2024.
- Motorsport Games raised $1M on July 26, 2024.
- TRAIT raised $1.1M (Seed) on July 22, 2024.
- Soccerverse raised $3.1M (Grant) on July 12, 2024.
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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Related People
Machaxi raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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