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 Badminton to launch a programme to establish over 1,000 coaching centres across India within the next four years. (PTI)
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