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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

PRIVATEJun 27, 2024

Amount Raised

₹48 Million

Round Type

Pre-Series A

BengaluruSports

Investors

Inflection Point Ventures

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.

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Company Information

Company

Machaxi

Location

Bengaluru, Karnataka, India

About

Machaxi is a sports company that was founded in 2019 with the aim of providing high-quality sports facilities and coaching in Bangalore. Their centres are equipped with state-of-the-art infrastructure, ample parking, sports shops, and cafes. They offer popular sports such as badminton, table tennis, cricket, football, swimming, and more. The company puts a high emphasis on hygiene, making sure that all its facilities are clean and safe. By providing accessible facilities and memberships, Machaxi aims to make sports available to every Indian

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