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Stupa Sports Analytics Scores Big with ₹28 Crore Pre-Series A Funding

Stupa Sports Secured Big Funding
Preeti Bali / 8:41 am / May 16, 2024

Stupa Sports Analytics, a leading innovator in the sports technology space, has secured ₹28 crore in a pre-Series A funding round. The investment, led by Centre Court Capital and PeerCapital, marks a significant milestone for the company and fuels its ambitious growth plans.

This funding round comes on the heels of Stupa’s earlier success in securing ₹7.5 crore through seed and pre-seed funding rounds. The fresh infusion of capital will empower the company to pursue several key objectives.

Talent Acquisition and Product Innovation at the Forefront

Stupa intends to leverage the funding to bolster its workforce, particularly in the areas of artificial intelligence (AI) and machine learning (ML) engineering. This strategic talent acquisition will allow them to develop even more sophisticated solutions and stay ahead of the curve in the rapidly evolving sports technology landscape.

Global Expansion Plans Take Flight

The funding will also propel Stupa’s aspirations for international expansion. The company aims to establish a presence in key markets like the US, UK, Australia, and the Middle East, while simultaneously strengthening its foothold in existing regions like Europe and Asia.

A Suite of AI-Driven Solutions for the Sports Ecosystem

Founded by Megha Gambhir, Stupa Sports Analytics provides a comprehensive suite of AI-powered solutions. These solutions cater to a diverse range of stakeholders within the sports ecosystem, including athletes, sports federations, broadcasters, and even fan communities around the world.

Stupa’s offerings encompass advanced analytics solutions for player performance data, enhanced broadcasting capabilities, and sports digitization tools. The company boasts over 15 strategic partnerships established primarily with prominent governing bodies and sports federations in Europe, showcasing the industry’s recognition of Stupa’s cutting-edge technology.

 

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