Hudle Secures ₹7 Crore in Pre-Series A Funding Round Led by Inflection Point Ventures and Sky Impact Capital

• ByStartupStory     |    April 4, 2024

Hudle, a pioneering sports tech platform, has successfully raised ₹7 Crore in its Pre-Series A funding round. The funding was led by Inflection Point Ventures (IPV) and Sky Impact Capital, with participation from Survam Partners and Anay Ventures. This infusion of capital will fuel Hudle’s expansion plans, bolster product enhancements, and amplify marketing endeavors aimed at nurturing its rapidly growing sports community.

Hudle has emerged as a frontrunner in the burgeoning preventive healthcare market, leveraging sports as a catalyst for fostering active lifestyles among Indians. With Indians projected to spend a staggering USD 98 Billion annually on fitness and wellness by 2025, Hudle is strategically positioned to capitalize on this evolving landscape.

Spearheaded by a dynamic founding team comprising Suhail Narain, Arjun Singh Verma, and Sonam Taneja, and supported by illustrious brand ambassadors like Ajinkya Rahane, Hudle is on a mission to imbue active sports with a social and engaging dimension, aiming to make it a lifestyle choice for millions across the country.

Commenting on the successful funding round, Suhail Narain, Founder & CEO of Hudle, expressed his enthusiasm, stating, “Our business has grown more than 6x over the last 2 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.”

Vinay Bansal, Founder & CEO of Inflection Point Ventures, commended Hudle’s innovative approach, remarking, “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.”

Aakash Sachdev, Founder & Managing Partner of Sky Impact Capital, expressed his excitement about the partnership, stating, “We are excited to partner with Hudle and help them transform into the premiere destination for sports enthusiasts. We are impressed with Hudle’s ability to forge strategic alliances with marquee brands & well situated venues early in its life cycle.”

This strategic collaboration underscores a joint commitment to fostering innovation, promoting an active lifestyle, and enhancing accessibility within the realm of sports. Together, Hudle, Inflection Point Ventures, and Sky Impact Capital aim to harness cutting-edge technology to democratize access to sports and inspire a new generation of active and healthy individuals across India.

With Hudle facilitating over 1 Lakh games per month across 1,300+ venues in 60 cities and boasting an engaged community of over 5 Lakh players, the future appears promising for this trailblazing sports tech platform.

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