Sports tech platform Hudle has raised Rs 7 crore as part of their pre-series A round led by Inflection Point Ventures & Sky Impact Capital. The round also saw participation from Survam Partners and Anay Ventures. The funds will be utilised for footprint expansion, product enhancements and marketing efforts.
Hudle caters to the fast-growing preventive healthcare market. A statement by Hudle said Indians are expected to spend $ 98 billion annually on firmess and wellness, and the company aims to make active sports a lifestyle for 100 million Indians.
Backed by a founding team of Suhail Narain and Arjun Singh Verma and brand ambassadors like Ajinkya Rahane, Hudle facilitates over 100,000 games per month across 1,300-plus venues in 60 cities. Hudle now has an engaged community of over 500,000 players.
Suhail Narain – Founder & CEO, Hudle says, “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. ”