Archive · 11 Jun 2025
Machaxi Raises $1.5M in Funding, Plans Expansion
A sports tech company called Machaxi received $1.5 million in funding.
The money comes from Zerodha’s Rainmatter and former badminton player Prakash Padukone.
Machaxi plans to use the funding to grow its AI-powered badminton coaching.
They will expand from Bengaluru to other cities like Hyderabad, Pune, and Chennai.
Additionally, Machaxi will team up with the Padukone School of Badminton.
The goal is to start over 1,000 coaching centers all over India in the next four years.
Sports tech company Machaxi secured $1.5 million in funding.
The funding was led by Rainmatter and included Prakash Padukone.
Machaxi will use the funds to broaden its AI-powered badminton coaching.
Expansion plans include moving from Bengaluru to Hyderabad, Pune, and Chennai.
Machaxi is partnering with the Padukone School of Badminton.
- Who
- Machaxi (sports tech company); Rainmatter and Prakash Padukone (investors)
- What
- Machaxi raised $1.5 million in funding.
- When
- Funding occurred as of June 11, 2025.
- Where
- Bengaluru (initial location); Hyderabad, Pune, and Chennai (future locations); across India (coaching centers)
- Why
- To expand AI-powered badminton coaching and establish more coaching centers.
- Company
- Machaxi
- Funding Amount
- $1.5 million
- Investors
- Rainmatter, Prakash Padukone
- Headquarters
- Bengaluru
- Use of Funds
- Expand AI-powered badminton coaching