Stupa Sports Analytics raises Rs 28 crore funding in pre-Series A round

Sports technology startup Stupa Sports Analytics has secured Rs 28 crore in a pre-Series A round of funding, the company said in a press note today, May 15.

The fresh round was led by Centre Court Capital and PeerCapital. The company did not disclose the names of the other investors who participated in the round.

"PeerCapital is proud to celebrate and support Deepak and Megha’s resilience and innovative foresight towards building a one-of-its-kind AI-powered global sports analytics platform. They are championing the ethos of, 'From India, for the world.' We cannot think of any better two people suited to create a paradigm shift in sports technology," said Ankur Pahwa, managing partner at PeerCapital.

"We're excited to collaborate on their next phase of growth as they look to integrate their AI-driven analytics engine with cutting-edge sports technology on a global scale."  said Mustafa Ghouse, general partner at Centre Court Capital.

Stupa Sports Analytics specialises in AI-driven solutions that provide advanced analytics of player performance data, broadcasting capabilities, and sports digitisation tools. Their clients include athletes, sports federations, broadcasters, and fan communities worldwide.

The company plans to use the funding to hire new employees in AI/ML and engineering to develop advanced solutions for the sports-tech industry. The funds will also enhance Stupa's product offerings to cover a broader range of sports disciplines, including table tennis, badminton, pickleball, and padel.

Stupa Sports also plans to expand its global presence, targeting markets in the US, UK, Australia, and the Middle East, while strengthening its existing operations in Europe and Asia. The sports tech firm has previously raised Rs 7.5 crore in seed and pre-seed funding.