Summary:

  • Stupa Sports Analytics, secured Rs 28 crore, in its pre-Series A round

  • The round was led Centre Court Capital and PeerCapital.

  • Stupa Sports Analytics is poised for a phase of accelerated growth and expansion

Stupa Sports Analytics, a burgeoning sports tech startup, has recently secured a significant boost in funding, amounting to Rs 28 crore, in its pre-Series A round. Spearheaded by Centre Court Capital and PeerCapital, this financing round marks a substantial milestone for the company.

Before this pre-Series A round, Stupa had already garnered Rs 7.5 crore in seed and pre-seed funding, underlining the growing confidence and interest in its innovative offerings.

The infusion of capital is earmarked for several strategic initiatives vital for the company’s growth trajectory. Foremost among these is talent acquisition, aimed at bolstering the company’s human capital base. This includes attracting top-tier talent in artificial intelligence (AI) and machine learning (ML), as well as engineering expertise, crucial for developing cutting-edge solutions. Additionally, a portion of the funds will be directed towards enhancing its product suite, ensuring that Stupa remains at the forefront of innovation in the sports tech domain.

Global expansion is another key focus area for Stupa, with the funding poised to facilitate its entry into lucrative markets such as the US, UK, Australia, and the Middle East. Simultaneously, efforts will be intensified to consolidate its presence in regions where it already has a foothold, such as Europe and Asia.

Founded by visionary entrepreneur Megha Gambhir, Stupa Sports Analytics offers a robust suite of AI-powered solutions tailored for advanced analytics of player performance data. Its offerings extend beyond mere data analysis, encompassing broadcasting capabilities and sports digitization tools designed to cater to a diverse clientele comprising athletes, sports federations, broadcasters, and fan communities worldwide.

A testament to its growing prominence in the industry, Stupa has forged over 15 strategic partnerships with key governing bodies and sports federations, particularly in Europe. These alliances underscore the company’s commitment to fostering collaborative relationships within the sporting ecosystem, while also positioning it as a trusted ally in driving innovation and performance enhancement.

Looking ahead, Stupa Sports Analytics is poised for a phase of accelerated growth and expansion, buoyed by the recent infusion of capital and its unwavering commitment to excellence and innovation. As it continues to push the boundaries of what is possible in the realm of sport, the company remains steadfast in its mission to empower athletes, elevate fan engagement, and revolutionize the sporting landscape on a global scale.