- Stupa Sports Analytics secures Rs. 280 million in funding for talent acquisition, global expansion, and product enhancement
- The funding will attract top AI/ML talent and support expansion into the US, UK, Australia, and the Middle East
- Stupa plans to enhance product offerings for various sports disciplines and deepen partnerships globally
- Co-founder Megha Gambhir envisions empowering athletes and fans with data-driven insights
- Previous funding rounds totaled Rs. 75 million, with plans for further fundraising in 2025 to broaden the portfolio and implement monetization strategies
Sports Analytics Funding – Fueling Innovation and Expansion
Stupa Sports Analytics, a leading sports technology company based in Mumbai, recently made waves in the industry by securing a substantial Rs. 280 million in funding through a Pre-Series A round. This funding was led by prominent investors Centre Court Capital and PeerCapital, signifying a strong show of support and confidence in Stupa’s vision and capabilities. The company has outlined ambitious plans to utilize this capital infusion to drive talent acquisition, global expansion efforts, and product enhancement initiatives.
Utilizing Capital for Growth and Development
With the newly acquired funds, Stupa Sports Analytics aims to attract top talent in the fields of Artificial Intelligence (AI) and Machine Learning (ML) as well as engineering, to bolster its team and develop advanced solutions that will keep the company at the forefront of the rapidly evolving sports-tech industry. The focus on talent acquisition underscores Stupa’s commitment to innovation and staying ahead of the curve in delivering cutting-edge analytics solutions for player performance data, broadcasting capabilities, and sports digitization tools.
The company’s expansion strategy is not limited to its home market, as Stupa is eyeing global markets such as the US, UK, Australia, and the Middle East for its future growth. By deepening its presence in regions like Europe and Asia, Stupa aims to solidify its position as a key player in the sports technology landscape. Additionally, the company plans to enhance its product offerings to cater to a broader range of sports disciplines, including emerging sports like table tennis, badminton, pickleball, and padel, among others.
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Empowering Athletes and Fans through Innovation
Megha Gambhir, the co-founder and CEO of Stupa Sports Analytics, expressed her gratitude for the support received from Centre Court Capital and PeerCapital, emphasizing their role in propelling the company towards its vision of transforming sports through innovative technology. Gambhir highlighted Stupa’s commitment to empowering athletes, federations, and fans with data-driven insights and digitally augmented experiences, paving the way for a more engaging and enriching sporting journey for all stakeholders.
Stupa’s strategic partnerships with key governing bodies and sports federations in Europe have been instrumental in bridging the gap between traditional sports management practices and modern technological advancements. By offering innovative solutions that leverage AI and advanced analytics, Stupa has been able to carve out a niche for itself in the competitive sports-tech landscape, showcasing the potential of ‘Make in India’ sports technology on a global stage.
Future Plans and Continued Growth
Looking ahead, Stupa Sports Analytics plans to leverage its recent funding success to further expand its portfolio of sports disciplines and explore new avenues for growth. The company’s roadmap includes initiatives to implement data and media rights monetization strategies, develop a B2B2C segment catering to players, coaches, and fans, and continue its pursuit of technological excellence in the sports analytics space.
The endorsements from investors like Mustafa Ghouse of Centre Court Capital and Ankur Pahwa of PeerCapital underscore the industry’s confidence in Stupa’s potential to drive innovation and make a significant impact in the sports technology sector. With a clear focus on leveraging AI-powered analytics and cutting-edge technology on a global scale, Stupa Sports Analytics is well-positioned to lead the charge in shaping the future of sports analytics and digital engagement for athletes and fans worldwide.
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