Funding · Consumer Internet & Media
SportVot raises ₹32.7 Cr for global expansion
By Startup Enthusiast ·
- Date
- Company
- SportVot
- What it does
- Sports tech for grassroots broadcasting
- Kind
- Funding
- Amount
- ₹32.7 Cr
- Founded
- 2019
What they do
It raised ₹32.7 Cr led by IAN Alpha Fund
What happened
Funds will support international expansion and AI-powered production
Why it matters
SportVot has streamed over 5 lakh matches across 30+ countries
The details
- SportVot raised ₹32.7 Cr (~$3.8 Mn) in a fresh funding round.
- The round was led by IAN Alpha Fund.
- Other participants included Anicut Capital, Lets Venture, Capital A, and Succeed Innovation.
- The funds will be used for international expansion and AI-powered production and analytics.
- A portion of the capital will scale white-label OTT solutions for sports bodies and leagues in India and global markets.
- The company aims to enter European, West Asian, and American markets after initial success in Australia and Africa.
The bigger picture
- The funding comes amid startup disruption in sports, including smart stadium seating, digital ticketing, and real-time analytics.
- India's sports tech market is projected to surpass $3.5 Bn by 2027.
- The market is driven by over 1,800 startups in smart venues, fan engagement, and AI personalisation.
- SportVot's vision is to democratise tech and video creation for the 99% of unnoticed sports tournaments and leagues.
About the business
- SportVot offers AI-powered production, data, and streaming solutions across the broadcast process.
- It enables live streaming via smartphones and cameras with TV-style graphics, instant replays, multilingual commentary, and automated highlights.
- The platform manages fixtures, scores, and player profiles, helping scouts and fans discover talent.
- It covers sports including cricket, football, kabaddi, basketball, badminton, and volleyball.
- Local leagues earn through in-stream ads and pay-per-view.
- SportVot has streamed 5 Lakh+ matches across 30+ countries.
- It reaches an audience of 10 Cr+ viewers.
What happens next
- Scale international offerings, with initial success in Australia and Africa.
- Enter European, West Asian, and American markets.
- Expand white-label OTT solutions for sports bodies and leagues.
The deal
- Type
- funding
Investors
- IAN Alpha Fund (lead)
- Anicut Capital (participated)
- Lets Venture (participated)
- Capital A (participated)
- Succeed Innovation (participated)
Founders
- Siddhant Agarwal, Cofounder & CEO
- Shubhangi Gupta, Cofounder
- Yash Bhagwatkar, Cofounder
About SportVot
- Product
- AI-powered production, data, and streaming solutions for live sports events
- Customers
- Sports bodies, leagues, local organisers, and grassroots sports event organizers
- How it makes money
- White-label OTT solutions and SaaS platform for sports broadcasting
- What sets it apart
- AI-driven production automation enabling professional-quality broadcasts from grassroots events
- Operations
- Cloud-based platform serving 30 countries with remote production capabilities
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