Breaking into the Big Leagues: How Stupa Sports Analytics Scored Rs 28Cr in Pre-Series A Funding

Stupa Sports Analytics, a sportstech startup headquartered in Gurugram, has successfully raised Rs 28 crore in a pre-Series A funding round spearheaded by Centre Court Capital and PeerCapital.

This infusion of funds signifies a pivotal milestone for Stupa as it endeavors to scale its cutting-edge sports technology solutions on a global scale.

What is Stupa Sports Analytics’ Specialty?

Established in 2020 by Megha Gambhir and Deepak Malik, a former national coach for the Indian Table Tennis team, Stupa Sports Analytics pioneers a range of artificial intelligence (AI)-powered solutions.

Their offerings revolutionize player performance data analytics, broadcasting capabilities, and sports digitization, catering to athletes, sports federations, broadcasters, and global fan bases.

Initially centered on table tennis, Stupa Sports Analytics has diversified to encompass badminton and basketball, with future plans to incorporate tennis, pickleball, and volleyball into its array of services.

What’s the Objective of the Fundraising?

The objective behind raising funds is to fuel the startup’s international expansion into key markets such as the United States, the United Kingdom, Australia, and the Middle East.

Furthermore, it seeks to strengthen its footprint in Europe and Asia. A portion of the capital will be directed towards attracting top engineering talent, with a focus on AI and machine learning expertise, to innovate and enhance solutions within the sports-tech sector.

Alliances with Governing Bodies and Sports Federations

Stupa Sports Analytics proudly announces its collaborations with more than 15 governing bodies and sports federations, primarily situated in Europe.

Noteworthy partnerships comprise the European Table Tennis Union, the International Table Tennis Federation, and the Slovenia Table Tennis Association.

The startup’s AI-powered solutions are gaining traction worldwide, with Megha Gambhir asserting, “With our solutions already benefiting over 15 international federations, we stand as ambassadors for ‘Make in India’ sports tech making significant strides globally.”

Preparing for Another Round of Funding

Stupa Sports Analytics gears up for another fundraising endeavor slated for 2025. The forthcoming capital infusion is earmarked for executing data and media rights monetization strategies, developing a B2B2C segment tailored for players, coaches, and fans, and expanding its array of sports disciplines.