Machaxi Raises USD 1.5 Mn From Rainmatter, Prakash Padukone

Machaxi raises USD 1.5 mn from Rainmatter, Prakash Padukone

NEW DELHI, June 11:  Sports tech company Machaxi has raised USD 1.5 million (about Rs 12.8 crore) in a funding round led by Zerodha’s Rainmatter and participation from former Indian badminton player Prakash Padukone.   The Bengaluru-based company will use the funding to expand its AI-powered badminton coaching from the city to Hyderabad, Pune, and Chennai, a company statement said. Further, Machaxi is partnering with the Padukone School of Badmi…

Machaxi Bags $1.5M from Prakash Padukone, Rainmatter to Scale AI

Funds raised to be used for expansion into Hyderabad, Pune, and Chennai.A new initiative with Padukone School of Badminton aims to reach 1,000+ coaching centres in four years.An AI-based coaching system is being developed to ensure training consistency across centres.The company continues its focus on accessible, structured grassroots sports coaching and infrastructure.Machaxi, a sports-tech company focused on grassroots coaching and digital spo…

PowerUp Money raises $7 Mn in funding led by Accel and Blume | Business Review Live | Business News, Reviews | Entrepreneur Stories, Interviews

Bengaluru-based wealthtech startup PowerUp Money has secured $7.1 million in its first significant institutional funding round, with Accel, Blume Ventures, and Kae Capital leading the investment. The round also included contributions from 8i Ventures and DeVC. Launched in April by Prateek Jindal, former co-founder of Uni Cards, PowerUp Money enables retail investors to invest directly in mutual funds. “The venture was initially built as a separa…