Stupa Sports Analytics, a sports-tech startup specializing in AI-driven analytics solutions, has announced the successful closure of its pre-Series A funding round, raising Rs 28 crore. Centre Court Capital and PeerCapital led the round. This round follows earlier seed and pre-seed funding, where Stupa raised Rs 7.5 crore.
The funds raised will be allocated towards several key initiatives, including talent acquisition, global expansion, and product enhancement. Focusing on attracting top talent in AI/ML and engineering, Stupa aims to build advanced solutions to further its position in the sports analytics market.
Megha Gambhir, the founder of Stupa Sports Analytics, expressed her excitement about the latest funding round. She stated, “This investment will be crucial in accelerating our growth trajectory. We are committed to leveraging cutting-edge technology to drive innovation in sports analytics and provide valuable insights to athletes, sports federations, broadcasters, and fan communities globally.”
Stupa Sports Analytics offers a comprehensive suite of AI-driven solutions that cater to various aspects of sports, including player performance analytics, broadcasting capabilities, and sports digitization tools. These solutions enhance athletes’ performance, provide valuable insights to sports federations, and engage fan communities worldwide.
The company has already made significant strides in establishing partnerships with key governing bodies and sports federations, particularly in Europe. With over 15 strategic partnerships, Stupa is poised for further growth and expansion into new markets.
The newly raised capital will also fuel Stupa’s global expansion plans, targeting markets such as the US, UK, Australia, and the Middle East. The company also plans to strengthen its presence in regions like Europe and Asia.
The investment from Centre Court Capital and PeerCapital underscores the growing interest and confidence in the potential of sports analytics and technology. With the support of these investors, Stupa Sports Analytics is well-positioned to continue its mission of driving innovation in the sports industry and delivering value to its stakeholders.
