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Sports tech startup Hudle raises Rs 7-Cr in pre-Series A funding

Hudle, a sports tech platform based in Delhi NCR, secured Rs 7 crore in a pre-Series A funding round. Inflection Point Ventures and Sky Impact Capital led the funding, joined by Survam Partners and Anay Ventures.

The funds will support Hudle’s expansion, product improvements, and marketing initiatives aimed at its growing sports community.

As a prominent sports tech platform, Hudle targets the burgeoning preventive healthcare sector. Indians are projected to spend USD 98 Billion annually on fitness and wellness by 2025. Hudle aims to encourage an active sports lifestyle for 100 million Indians, utilizing sports as a social and engaging avenue.

Hudle assists sports and fitness enthusiasts in discovering local venues, booking sports activities, and connecting with like-minded individuals to form communities. This fosters an active lifestyle with a social aspect, complementing traditional fitness activities and enhancing overall sports accessibility, as per the statement.

Backed by a dedicated founding team of Suhail Narain, Arjun Singh Verma, and Sonam Taneja, as well as brand ambassadors like Ajinkya Rahane, Hudle currently facilitates over 1 Lakh games per month across 1,300+ venues in 60 cities. Presently, Hudle boasts an active community of over 5 Lakh players.

Suhail Narain – Founder & CEO, Hudle says, “Our business has grown more than 6x over the last 2 years. With time, the confidence in our mission to enable Indians of all ages to play is only growing stronger. It is heartening to be supported by partners like IPV & Sky Impact Capital in this journey.”

Vinay Bansal, Founder & CEO, Inflection Point Ventures says, “Hudle distinguishes itself through a deeply integrated omnichannel model, addressing challenges in both B2B and B2C markets. Their constant innovation through unique offerings like the SAAS solution for sports clubs and the Hudle All Access Pass for players is what stands out for us to continue supporting the Hudle team.”

Aakash Sachdev, Founder & Managing Partner, Sky Impact Capital says “We are excited to partner with Hudle and help them transform into the premiere destination for sports enthusiasts. We are impressed with Hudle’s ability to forge strategic alliances with marquee brands & well situated venues early in its life cycle. With over $98 Billion per annum expected to be spent on fitness & wellness by Indians, there is a huge opportunity for Hudle to build tailored sports tech products & services that solve pain points and provide a seamless offering to players and sports venues.

This partnership signifies our commitment to fostering innovation, active lifestyle and accessibility within sports, empowering enthusiasts at every level to unleash their full potential. Together, we aim to harness cutting-edge technology to democratize access to sport and inspire a new generation of active & healthy individuals across India.”

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BRL Editorhttps://businessreviewlive.com
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