Podeum bags $1 Million in pre-seed funding led by a group of investors

• ByStartupStory     |    January 19, 2023

Podeum, a sports creators-fan engagement platform, has raised $1 million in pre-seed funding from a group of investors that includes Titan Capital, RTP Global, Point One Capital, Bharat Founders Fund, and prominent angel investors such as Sujeet Kumar (Co-founder, Udaan ), Ganesh Krishnan and Srini (Co-founder, Growth Story ), Harsh Shah (Co-founder, Fynd ), among others.

The funds will be used to expand the sports creator ecosystem and invest in products to expand fan offerings, according to a statement from the startup. 

“Podeum is more than doubling engagement volumes month on month, with creators fueling the growth in the number of fans. Our vision is to build for sports creators and fans as what twitch has built for the gaming ecosystem,” said Ayush Prashant. 

Ayush Prashant, Dhananjay Mishra, Mayank Sharma, and Parthsarthi founded Podeum in 2022. The app, which is currently focusing on cricket, is creating an online community space where fans can play live fantasy and prediction games, chat with other fans, and get live expert analysis from sports experts and celebrities. It also includes pre-match analysis, live commentary, fantasy and prediction contests, and other features. Through the app, aspiring sports influencers can grow, engage, and monetize their fan base.

As per the firm, over 200 sports creators have hosted on platform, including the likes of Wasim Jaffer, Veda Krishnamurthy, and Navneeth Krishna. 

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