SportVot Secures ₹9.4 Crore in Pre-Series A Round to Digitise and Democratise Grassroot Level Sports

• ByStartupStory     |    February 5, 2024

SportVot, a prominent sports broadcast and talent discovery platform, proudly announced today that it has successfully raised ₹9.4 Crore in a Pre-Series A funding round. The investment, led by Omidyar Network India, and featuring participation from Anicut Capital, StartupLynk, Ventana Ventures, and existing investors Capital A, Ankur Capital, SucSEED Indovation Fund, and Marwah Sports, marks a significant step forward in SportVot’s mission to democratise sports through cutting-edge technology.

Founded in 2019, SportVot has become a trailblazer in providing a comprehensive suite of online services for streaming sports events and identifying emerging sports talent at the grassroots level in India. The platform has not only delivered and commercialised grassroots sports but has also attracted investments to local sports associations while revolutionising sports broadcasting using cloud technology.

The latest funding injection will propel SportVot towards expanding its technology and product offerings, not only within India but also internationally. The primary goal is to make sports and advanced sports technology accessible to millions of athletes and sports organisations globally.

Sidhhant Agarwal, Co-founder of SportVot, expressed his excitement about the backing from esteemed investors, stating, “We are thrilled to have the backing of such esteemed investors. With this substantial investment, we aim to expand our technology and product offerings, not just within India but also internationally. Our goal is to make sports and advanced sports technology accessible to the millions of athletes and sports organisations across India and beyond.”

Rohan Vyavaharkar, Director at Omidyar Network India, highlighted the impact SportVot can make, saying, “SportVot is providing a platform for nurturing grassroots-level sports and democratising the process of talent discovery, especially those with limited opportunities such as the NHB. Its cutting-edge technology that allows anyone to broadcast from anywhere using any internet-enabled device with a camera makes it uniquely placed to help create impact. We believe in Sidhhant, Shubhangi, and Yash’s vision and that SportVot will play a pivotal role in helping transform significant aspects of the sports sector in India.”

The funds will primarily be utilized to make LIVE Sports Content and data capturing more accessible at all tiers of sport in India as well as globally, promote the culture of playing – professionally as well as casually, and commercialize sports at the domestic level. Over the past four years, SportVot has digitised over 95,000 games from more than 15 sports, providing visibility to over 350,000 athletes.

“We’re ready to scale new heights, over the past four years, we have enabled digitisation for over 100,000 games from more than 15 sports, we look to take this number to over 500,000 in India and globally. Our aim continues to be to bring unprecedented opportunities to emerging talents,” added Sidhhant Agarwal, Co-Founder of SportVot.

With this significant funding injection, SportVot is well-positioned to reach new heights, enhancing the landscape of sports digitization and athlete visibility in India and beyond. Sidhhant concluded, “We’re just getting started. This funding round opens up new avenues for us to innovate and scale our impact, bringing us closer to a future where every aspiring athlete has the chance to shine.”

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