- Sports Analytics Funding: Stupa Sports Analytics secures INR 280 million in Pre-Series A funding for global AI solutions, led by Centre Court Capital and PeerCapital.
- Vision and Mission: Stupa aims to redefine the sports industry with AI-driven solutions for athletes, federations, and fans globally, leveraging AI and machine learning for player performance analytics and sports digitization.
- Expansion Plans: With the funding, Stupa intends to hire top AI/ML talent, target global markets like the US and UK, and broaden its technological offerings across various sports disciplines.
- Strategic Partnerships: Stupa has formed over 15 partnerships with major sports federations in Europe, enhancing traditional sports management with modern tech solutions.
- Future Strategies: Stupa plans to further fundraise in 2025, monetize data and media rights, establish a B2B2C segment, and expand its sports disciplines portfolio, supported by Centre Court Capital and PeerCapital for transforming racquet sports with AI technologies.
Sports Analytics Funding: Stupa Sports Analytics Secures INR 280 Million Pre-Series A Funding
Stupa Sports Analytics, a pioneering sports technology company based in India, has recently made headlines by securing a substantial financial boost of INR 280 million in a Pre-Series A funding round. This funding round, which was spearheaded by Centre Court Capital and PeerCapital on May 15, 2024, marks a significant milestone for Stupa’s journey towards revolutionizing the sports industry with cutting-edge AI solutions.
Empowering Innovation in Sports Technology
Stupa Sports Analytics has set its sights on leveraging artificial intelligence and machine learning to develop advanced analytics tools that cater to a wide range of stakeholders in the sports ecosystem. From enhancing player performance analysis to revolutionizing sports broadcasting and digitization, Stupa’s mission revolves around harnessing the power of AI to drive innovation and efficiency in the sports domain.
The infusion of INR 280 million in funding will enable Stupa to recruit top talent in AI/ML and engineering, thereby strengthening its position as a frontrunner in the rapidly evolving sports-tech landscape. By expanding its team and investing in research and development, Stupa aims to stay at the forefront of technological advancements and deliver unparalleled solutions to its clients.
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Global Expansion and Technological Advancements
With the newfound financial backing, Stupa Sports Analytics is poised to embark on a journey of global expansion, targeting key markets such as the US, UK, Australia, and the Middle East. By diversifying its technological offerings across various sports disciplines including table tennis, badminton, pickleball, and padel, Stupa aims to cater to a diverse range of sports enthusiasts and professionals worldwide.
Over the course of just four years since its inception, Stupa has forged strategic partnerships with over 15 major sports federations, particularly in Europe. These collaborations have not only enhanced the traditional approach to sports management but have also elevated the standards of technological integration in the sports industry.
Commitment to Innovation and Impact
Co-founder and CEO of Stupa Sports Analytics, Megha Gambhir, expressed her gratitude towards Centre Court Capital and PeerCapital for their unwavering support in fueling Stupa’s mission to empower athletes and federations with innovative technology. Gambhir emphasized Stupa’s commitment to promoting ‘Make in India’ sports technology on a global scale, with a vision to uplift Indian athletes and amateurs and help them realize their full potential.
Looking towards the future, Stupa has outlined ambitious strategies that include monetizing data and media rights, establishing a B2B2C segment, and expanding its portfolio of sports disciplines. This forward-thinking approach underscores Stupa’s dedication to driving innovation and making a lasting impact on the sports industry.
The recent Pre-Series A funding round not only cements Stupa Sports Analytics’ position as a trailblazer in the sports technology sector but also underscores the growing interest in innovative solutions that enhance the sports experience for athletes, federations, and fans alike. With a clear roadmap for global expansion and product enhancement, Stupa is well-positioned to achieve its ambitious goals and shape the future of sports analytics on a global scale.
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