Hudle has raised Rs 7 crore as a part of its pre-series A round led by Inflection Point Ventures and Sky Impact Capital. The round also witnessed participation from Survam Partners and Anay Ventures. The funds will be utilised for footprint expansion, product enhancements and marketing efforts towards its rapidly growing sports community.
“Our business has grown more than 6x over the last two 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,” Suhail Narain, founder and CEO, Hudle, said.
Hudle helps sports and fitness enthusiasts to discover venues in their hyper-local markets, book sports activities and connect with like-minded individuals to form communities. It enables individuals to pursue an active lifestyle with a social quotient, supplement conventional fitness activities and improve overall access to sports.
“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,” Vinay Bansal, founder and CEO, Inflection Point Ventures, said.
“We are impressed with Hudle’s ability to forge strategic alliances with marquee brands and 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,” Aakash Sachdev, founder and managing partner, Sky Impact Capital said.
Backed by a passionate founding team of Suhail Narain, Arjun Singh Verma and Sonam Taneja and brand ambassadors like Ajinkya Rahane, Hudle facilitates more than one lakh games per month across 1,300-plus venues in 60 cities. Hudle has an engaged community of over five lakh players.