Sportstech startup Machaxi raises Rs 4.8 Cr led by IPV

Bengaluru-based Sports and fitness tech startup Machaxi has raised INR 4.8 crore in a Pre-Series A funding round led by Inflection Point Ventures. The startup plans to use the fresh funds to boost its tech stack and product offerings.Founded by Pratish Raj, Tushar Raj and Ashish Anand in 2019, Machaxi aims to transform India into a sports playing nation with technology enabled sports coaching where parents can track kids progress across various technical parameters of the sport.