New Delhi: Hudle, a well-known sports community platform, has secured $2.5 million in a ‘Series A’ funding led by Sky Impact Capital, with participation from Physis Capital, Atrium Venture, tennis legend Mahesh Bhupathi, TV presenter Gaurav Kapur and the founders of Blue Tokai Shivam Shahi and Nitro Commerce Umair Mohammed, a release has said.
This fundraise marks a pivotal moment for Hudle, which is working towards making fitness and recreational sports accessible to all.
In the statement, Hudle said it will use the funds to fast-track product innovation, including frictionless booking, match discovery and performance tracking features to improve player experience with a specific focus on pickleball and padel — the two fastest-growing sports in India and globally.
The company also claims to be introducing India’s first-ever rating system to help players track their progress and connect with players of similar skill levels.
Another aim is to expand its venue partner network across tier 1/2/3 cities to meet the growing demand for community and recreational sports.
Founded by Suhail Narain, Arjun Singh Verma and Sonam Taneja, Hudle envisions using technology to help 100 million Indians make sports a way of life by connecting players with venues, streamlining facility management, helping track performance and creating a digital ecosystem for the sports community.
The company has reported 3.5x growth in gross transaction value and 2.5x growth in revenue over the last 12 months.
