Machaxi operates local sports facilities for adults and provides sports coaching for children, along with an app that lets users buy sporting goods. The company says it will use the new funding to build technology for user analytics and sports shopping, grow its vertical sports shop, and strengthen the brand. Machaxi was co-founded in 2019 by Ashish Anand, Tushar Raj, and Pratish Raj and is based in Bengaluru. Since founding it reports an EBITDA-positive status and a gross revenue run rate of Rs 18 crore. The company says it serves about 50,000 users each month and offers activities including football, cricket, table tennis, badminton, and swimming. It may face competition from players such as Cult, Flow Sports, Khelomore, Push Sports, and Sporthood.

Total raised

$1M

Funding rounds

1

Latest round

Series A

Latest activity

Jun 2024