Hudle Raises $ 1 Million

Hudle, a sports technology startup, has raised $1 million (Rs 7.9 crore) in a round led by Inflection Point Ventures. Existing investors Survam Partners and Indian Angel Network also participated in the funding round, according to a statement released on Wednesday. The funds raised will be used to fuel growth in existing and new geographies, strengthen the business and technology teams, marketing, and new product additions.

"... Sports Tech Startup Hudle has raised $1 million as part of their ongoing Series A round led by Inflection Point Ventures," the statement said.

Hudle, which debuted in 2018, is a mobile app that allows sports enthusiasts to discover and book sporting events.

Hudle, according to Vinay Bansal, Founder and CEO of Inflection Point Ventures (IPV), bridges the gap by allowing users to discover and book various sports venues, and events, and pursue their favourite sport as a hobby or fitness activity. "At IPV, we believe in supporting purpose-driven companies that are committed to building a sustainable business and filling a market gap."

Suhail Narain, Founder and CEO, Hudle said, "We strongly believe in scaling up through collaboration and bringing together all the stakeholders and are thrilled to welcome IPV on board."