What does Machaxi do?
Machaxi is a sports-tech company based in Bengaluru, India that focuses on enhancing grassroots coaching and building digital sports infrastructure to make sports accessible for everyone, from beginners to aspiring athletes.
How much did they raise?
The company raised $1.5M in a funding round led by Rainmatter, the investment initiative of Zerodha.
What are their plans for the money?
Machaxi plans to use the funds to expand its operations into Hyderabad, Pune, and Chennai, which could significantly broaden its reach and impact in making sports more accessible across India.
What have they achieved so far?
Founded in 2022, Machaxi has already established a model that combines physical facilities with structured coaching to serve a wide range of sports enthusiasts.
