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

Jun 27, 2024•over 1 year ago

Amount Raised

₹48 Million

Round Type

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.

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

Related People

2 contacts

Funding Insights

Based on industry data

VC-backed spending patterns

VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers

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