Sports tech startup SportVot announced that it has raised Rs 9.4 crore in Series A funding round led by Omidyar Network India, according to ETtech report.
Anicut Capital, StartupLynk, Ventana Ventures and existing investors Capital A, Ankur Capital, Sucseed Indovation Fund, Marwah Sports also participated in the funding round.
The startup will use the fresh funds to expand SportVot’s technology and product offerings to enhance sports participation across India, it said in a statement.
SportVot’s cofounder Sidhhant Agarwal, said, “With this substantial investment, we aim to expand our technology and product offerings, not just within India but also internationally. Our goal is to make sports and advanced sports technology accessible to the millions of athletes and sports organisations across India and beyond.”
Founded in 2019, SportVot has partnered with the likes of the Brahmaputra Volleyball League in Assam, the Maharashtra State Kabaddi Association, the Football Delhi Association and the Nashik District Cricket Association.
Rohan Vyavaharkar, director at Omidyar Network India, commented, “SportVot is providing a platform for nurturing grassroots-level sports and democratising the process of talent discovery, especially those with limited opportunities such as the NHB. We believe in Sidhhant, Shubhangi and Yash’s vision and that SportVot will play a pivotal role in helping transform significant aspects of the sports sector in India.”
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