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Tag: SportsApp

  • Top 9 Successful Sports Startups in India

    Many entrepreneurs are coming up with new businesses ranging from retailing sports apparel to providing analytics to improve performance.  Sports is one of the biggest industries in India. In 2013, it was reported that the Sports Goods market was $2 Billion in India. Hence, it is clear that this market has a lot of potentials. Moreover, Sports startups promote health and passion. Here are a few sports startups in India that are evolving the Sports industry.

    Sports in India is growing, with a newer generation of players coming in and that there is an increasing interest in luxury sports.
    – Vikrant Singh Mathur, RIPC

    SportsApp
    Sports365
    Protege Sports
    Live Your Sport
    SportzVillage
    Rooter
    Dream11
    BookMySports
    KOOH Sports
    FAQ

    SportsApp

    SportsApp Homepage
    SportsApp Homepage

    SportsApp is a leading sports startup in India that was founded by Shashank Mishra and Himanshu Nain in 2018. It is an aggregated platform built to provide ease for one to connect with another. Here they can follow one another, share relevant thoughts, get updates about upcoming events, sports job positions, apply for sponsorships, etc.

    All of the team members at SportsApp have played sports at different levels and have experienced the pain that experienced by most of the players currently. So, the main idea behind this sports startup is to bind everyone together so that they can make this nation a good sporting nation by organizing this sector.

    Sports365

    Sports365 is a Bangalore-based startup founded by Chandra Sekhar Reddy and Aashutosh Chaudhari in 2011. This is one of the first professional sports companies in India that cater to the sports and fitness sector with their one-stop solution for users’ sporting requirements of both individuals and institutions.

    They sell a wide range of sports products like sports and fitness equipment, apparel and accessories of leading national and international sports brands. They also provide services for events, infrastructure development, and consulting and merchandising as well to schools and colleges, corporates, clubs and real estate.

    Sports365 raised a total funding of $1 million from investors such as Zolon Ventures and Powerhouse Ventures among others. The startup has also backed Yuvraj Singh and Lara Dutta as its sports ambassadors and owns as well as operates online portals like sports365.in, tennishub.in, and badmintonhub.in.

    Protege Sports

    Protégé Sports is a sports-tech startup founded by Pranesh Krishnamurthy, Rohit Narayan and Rahul Rane in 2014. They aim to bring sports technology to all. Protégé Sports supplies wearable technology for team sports like hockey and football that helps track players’ performance on the field. This helps clubs and coaches to set a benchmark for the players and manage training and trial sessions accordingly.

    The startup also provides SAAS i.e. Software as a Service tool such as software licenses to use its academy or club management tools, training modules and communication modules among others. They also offer tournament management services, along with ticketing and merchandising services.

    Live Your Sport

    Live Your Sport (Azani) is Bengaluru-based online sports goods and fitness equipment store founded in 2012 by Siddharth Suchde. The startup provides an online store for sports and fitness enthusiasts where one can find quality equipment and accessories. It uses thirteen technology products and services including Google Analytics, G Suite and reCAPTCHA among others. They also offer helpful insights into various aspects related to sports and fitness like health, diet, injury, recovery, and more.

    The online platform provides a sports and fitness-oriented services centre that strives to make the users’ sports and fitness journey easy, comprehensive access and hassle-free services. It lets the users browse through 20,000 sports and fitness equipment ranging from over 30 sports and various workout modules. They also provide information on workouts, training, diets and more on their blogs.

    SportzVillage

    Sportz Village Homepage
    Sportz Village Homepage

    SportzVillage is a Bangalore-based sports startup founded in 2003 by Jitendra Joshi and Saumil Majmudar. It is one of the oldest Indian sports startups and a leading provider of sports education and management to schools and corporates. The startup offers sports marketing, ticketing, and infrastructure services, SportzConsult and EduSports being two of its subsidies.

    The startup has built an ecosystem of relationships across federations, media, brands and sponsors through its subsidies. SportzVillage capitalizes on emerging sports and health & fitness-related markets in India. They have a presence in five cities across India and raised total funding of $10 million.

    Also, watch this to get some tips on starting your own sports business.

    Rooter

    Rooter is a Delhi-based social network for sports enthusiasts that connects people with similar interests in sports, the app was founded by Piyush Kumar in 2016. It allows users to predict scores and events with friends during the live game.

    The startup assigns a passion score to each of its users and the passion score is generated by an algorithm that crawls the user’s social media activity and engagement with the app. The users can also connect to other enthusiasts based on passion score and distance. Their app is available on both iOS and Android platforms.

    Dream11

    Dream11 Homepage
    Dream11 Homepage

    Dream11 is a Mumbai-based online platform founded in 2009 by Bhavit Sheth and Harsh Jain. The startup is an official partner of BCCI’s IPL used for playing real-time fantasy cricket and football leagues.

    The startups started with cricket and then launched football fantasy leagues as well in the year 2014. The users can form leagues and invite friends to play and compete for scores. The startup raised total funding of $100 million from investors such as Tencent, Kalaari Capital and Multiples Equity among others.

    BookMySports

    Book My Sport Homepage
    BookMySport Homepage

    BookMySports is a digital sports platform founded by Sanjeev Sinha that is a handy interface between the public and their access to avail sports facilities covering major sports such as cricket, football, tennis, basketball and more. The platform lets users book sports facilities or create their own sports tournaments online within a matter of minutes. They aim at increasing the capacity utilization of sports facilities across cities by connecting sports enthusiasts to them through their online platform.

    The startup has a wide range of products tapping the entire value chain spanning across the sports ecosystem. It enables the users to drive benefits from better management of demand and supply, introducing operational efficiencies and transparency in pricing and service delivery for users. They are currently present across six cities in India.

    KOOH Sports

    KOOH Sports is founded by Prabhu Srinivasan & Susir Kumar in 2010. KOOH Sports is headquartered in Mumbai. It is an international sports startup that provides sports education, training, and technology.

    KOOH Sports was founded to develop sporting habits in children in order to promote a healthy lifestyle. It organizes grass root sports programs at schools to generate interest in sports among children. Its sports development centres are dedicated to nurturing and promoting sporting talents.

    KOOH Sports is backed by private equity fund Faering Capital, Tata Consultancy Services (TCS), HDFC Ltd and sports promotion service Elevate Sports. Existing investors together hold a 70% stake in the company and the rest is with promoters.

    Conclusion

    Sports is a very important part of India. It is not only an activity, entertainment or about health, it’s about emotions. Each Indian love to watch at least one sport. Also, during critical matches, it brings families and society together.

    So, this was a list of sports startups in India. Hope you enjoyed reading our article and found this informative.

    FAQ

    Which are some of the top startups of India?

    Dream11, SportsApp, Sportz Village and Rooter are some of the top startups of India.

    How many sports companies are there in India?

    There are approximately 30,000+ sports companies in India

  • Startup Story Of SportsApp – An All In One App For Sports

    Company Profile is an initiative by StartupTalky to publish verified information on different startups and organizations. The content in this post has been approved by SportsApp.

    Are you also a sports lover? If so, you might have also felt the need to have a platform that could do it all for the player within you. To bridge this gap in the Indian Sports sector, Shashank Mishra founded SportsApp in the year 2018.

    SportsApp is an aggregated platform that allows athletes, coaches, sports academies and sponsors to get connected on a single platform. Everyone on the SportsApp team played sports at different levels and felt the pain that most players had right now. So, the main idea is to bind everyone together so that they can make this nation a good sporting nation by organizing this sector.

    Launched in March 2018, SportsApp has seen the growth of 20X in downloads, 56X in MAUs and 80X in DAUs. Interestingly, the startup clocked an impressive 4X scale-up in revenues during the pandemic year of 2020-21 FY. Know all about the Startup Story of SportsApp in the post ahead.

    Get Sponsorship, Jobs and Sports related news on SportsApp

    SportsApp – Company Highlights

    Startup Name SportsApp
    Headquarters Delhi NCR
    Founder Shashank Mishra
    Industry Sports
    Founded 2018
    Parent Organization Hanusha Networks Private Limited
    Website sportsapp.co.in

    About SportsApp and How it Works?
    SportsApp – Industry Details
    SportsApp – Founder and Team
    How SportsApp Started?
    SportsApp – Logo and Tagline
    SportsApp – Startup Launch
    SportsApp – USP
    SportsApp – Business Model and Revenue Model
    SportsApp – Startup Challenges
    SportsApp – Funding and Investors
    SportsApp – Advisors and Mentors
    SportsApp – Growth
    SportsApp – Competitors
    SportsApp – Future Plans
    SportsApp – FAQs

    About SportsApp and How it Works?

    SportsApp is a platform for connecting sports professionals as well as sports academies and sponsors. The idea behind SportsApp is to create a portal in which all the stakeholders in the sports industry can connect. SportsApp is curbing the information gap, visibility gap and funding gap for sports stakeholders in India.

    The SportsApp team believes that there are three things that are coming in a way to make this nation a better sporting nation:

    • Information gap: Not having enough information on different events like trials, training camps, inadequate information about their favourite sports, lack of information of good coaches nearby the required areas and also of corporate sponsors who are looking to fund athletes.
    • Visibility: Player visibility is the main issue in India. Even after winning big events, most players are not known to many. Sports academies in India do not have visibility initiatives to connect with players, their parents, coaches, etc.
    • Funding: Financial constraints for players are a big hurdle in their way to pursue a career in sports. There is no portal where these players can connect with corporate sponsors for funding.

    SportsApp connects all the stakeholders of the sports industry in India. Here they can follow one another, share relevant thoughts, get updates about upcoming events, sports job positions, apply for sponsorships, etc.

    SportsApp – Industry Details

    The sports culture is coming to India. We are a nation of 1391 million people. Out of which 30-50 million are actively engaged in sports and want to make a career in sports. This is the ideal time for sports technology and fitness startups to enter the market as the government is coming forward with its initiatives to increase awareness among sports youth.

    SportsApp – Founder and Team

    Shashank Mishra is the founder of SportsApp.

    SportsApp Founder - Shashank Mishra
    SportsApp Founder – Shashank Mishra

    Shashank met Himanshu at Delhi Technological University and explained to him the full concept. In no time, Himanshu joined Shashank’s initiative. The SportsApp team comprises of:

    • Shashank Mishra (Founder & CEO) (BTech & MBA)
    • Himanshu Nain (Head of Technology) (BTech)
    • Prashant Chandra (Head of Marketing and Sales) (BTech & MBA)
    • Mohit Prakash Yadav (Head of Operations) (B.Sc & MBA)
    • Deepak Kadian (Head of Design) (BTech)
    SportsApp Team - Himanshu Nain, Mohit Yadav and Deepak Kadian (Top L to R), Shashank Mishra and Prashant Chandra (Bottom L to R).
    SportsApp Team – Himanshu Nain, Mohit Yadav and Deepak Kadian (Top L to R), Shashank Mishra and Prashant Chandra (Bottom L to R).

    How SportsApp Started?

    The idea of SportsApp struck Shashank when he was in his final year of BTech. Turns out he was attending a sports academy that reminded him of going to another city to get some information about the great academies of his time. Until now, there is no portal where one can get sufficient information easily and register for it. After BTech, Shashank joined B-School where he participated in a startup event powered by Google and backed a runner-up position. So, this fueled him up to bring this idea on road, as sports has always been his passion.

    Sumeet Kapur (Co-Founder & Former CFO of Nearbuy) was the first one who believed in this idea and Sumeet has been Shashank’s mentor so far. Also, after this event, Sumeet happened to be the first investor in Shashank’s startup. Post this, Shashank started doing market research by visiting different sports academies, meeting different coaches, visiting Delhi University to meet national-level players.

    Everyone liked the concept and said they need a product like this. So he started designing the prototype. He then started looking for a tech co-founder at Delhi Technological University where he met Himanshu (Co-Founder SportsApp) who helped him in building this product with his efficient technical skills. Following the launch of SportsApp, Shashank was selected as an incubator at the Center for Innovation and Incubation (IIF) of the University of Technology in Delhi and was initiated by the Delhi government.

    SportsApp Logo
    SportsApp Logo

    The tagline “Empowering the sports star of tomorrow” says that the SportsApp gives the power to future athletes to do better in the sports ecosystem.

    SportsApp – Startup Launch

    After developing the application, Shashank launched SportsApp in an event called “Aahvaan”, a sports event in Delhi Technological University. And it is also the largest sports festival in North India. SportsApp had more than 200 registration on the launch day.

    SportsApp is a networking portal so they focused on serving the first 500 people well in the network. The idea behind this was to trigger the contagious effect. They have partnered with many sports academies, Coaches in Delhi- NCR region and have got them on board.

    SportsApp – USP

    SportsApp has created a unique financial logic that provides players with their market value and they connect players with corporate sponsors after verifying them on the app. This way corporates also get to see the profile of the player which is fully verified and with proper analytics.

    SportsApp – Business Model and Revenue Model

    The SportsApp business model looks something like this:

    • Talent Solution: In this, the application connects players with corporate sponsors using their unique valuation logic. SportsApp charges a commission on the athlete’s side for this service.
    • Market Solution: SportsApp also generates revenue from making bookings for academies, events, etc. and by promoting sports academies on SportsApp to get more leads for the academies. Corporates can also promote their sports products on SportsApp.
    • Subscription: Users in the future can subscribe to the app to use more features.

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    SportsApp – Startup Challenges

    One of the major challenges faced by SportsApp is that this sector is totally unorganized so it’s very hard to change people’s mindset and make them understand that this can help them in a better way rather than the traditional approach that they are following. The main problem is that they are very much comfortable with the traditional way of doing things.

    SportsApp – Funding and Investors

    SportsApp has raised a total of $174K in funding over 3 rounds. Their latest funding was raised on Aug 20, 2020, from a Seed round.

    Date Stage Amount
    Aug 2020 Seed Round $140K
    Jul 2019 Angel Round $30K
    Sept 2018 Angel Round $4K

    SportsApp had backed angel round funding from Sumeet Kapur (Co-Founder & Ex-CFO of Nearbuy). This helped the startup to develop the product and to launch it in the market in a better way. Also, the angel round funding helped them in getting market validation initially. SportsApp has also raised seed round funding from Shubhrendu Khoche (Ex-VP Mastercard) who is a Singapore-based angel investor.

    Noida-based startup SportsApp raised $140K in a seed round led by noted names like Shubhrendu Khoche, Anirban Basu, Sanjay Ahuja, Ram Ganesan and Kuldeep Puri, among others.

    This unique startup which primarily addresses the aspiring sportspersons of India uses a proprietary tech platform to solve the asymmetric access to “Community, Sponsorships, and Career.”

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    SportsApp – Advisors and Mentors

    The list of advisors for SportsApp goes like this:

    • Sumeet Kapur (Co-founder & Ex-CFO Nearbuy)
    • Shubhrendu Khoche ( Ex-VP Mastercard)
    • Anirudh Kalia (Sr VP StarSports & Hotstar)

    SportsApp – Growth

    • SportsApp has seen the growth of 20X in downloads, 56X in MAUs and 80X in DAUs. Interestingly, the startup clocked an impressive 4X scale-up in revenues during the pandemic year of 2020-21 FY.
    • Revenue INR 18 lakhs for 2019.
    • Clients- Cosco, NFSportech, SteelBird, Wellcure, Alcis Sports to only name a few.

    SportsApp – Competitors

    Though the sector is unorganized still there are quite a few players in the market who roundabout operate in the same target market. There are startups like RunAdam, SportsBrick to name a few. They all might have different unique selling propositions but they cater to the same audience as SportsApp.

    SportsApp – Future Plans

    SportsApp has set its eyes on capturing 60% of the market share in the coming 5 Years. The company aims to have all kinds of sports sponsorship, ground bookings, event registrations to be done on SportsApp. They are on their way to breaking all the traditional ways which are being used until now and are moving towards making India a better sporting nation.

    SportsApp – FAQs

    What is SportsApp?

    SportsApp is an app that allows athletes, coaches, sports academies and sponsors to connect on a single platform.

    Who is the founder of SportsApp?

    The SportsApp founders are Shashank Mishra and Himanshu Nain.

    Is SportsApp an Indian company?

    Yes, SportsApp is an Indian company headquartered in New Delhi.

    What facilities I can avail of in SportsApp?

    • You can connect with Coaches, Fellow Athletes, Physios, Nutritionists and other Industry Professionals via instant messaging.
    • You can put up your sports-related queries which are then answered by Senior Coaches, Veteran Athletes and Similar Professionals, from the industry.
    • You can receive updates for job openings within the sports industry.
    • You can get regular updates on sports events happening near you.
    • You can also apply for sponsorship.

    How does SportsApp make money?

    Generally, free apps use these strategies to make money – Advertising, Subscriptions, Selling Merchandise, In-App Purchases, Sponsorship, Referral Marketing, Collecting and Selling Data, Freemium Upsell, Physical Purchases, Transaction Fees, and Crowdfunding.

  • SportsApp raises $140K in seed round; sets eyes on 60% Market Share in 5 years

    Noida based startup SportsApp raised $140K in seed round led by noted names like Shubhrendu Khoche, Anirban Basu, Sanjay Ahuja, Ram Ganesan and Kuldeep Puri, among others.

    This unique startup which primarily addresses the aspiring sportspersons of India uses a proprietary tech platform to solve the asymmetric access to “Community, Sponsorships, and Career.”

    In a statement, SportsApp shared it will be utilizing the funds to further enhance its go-to-market, technology and marketing capabilities. This round of funding should further catalyze the fast growth this startup has witnessed in key KPIs since its launch. Launched in Mar’18, SportsApp has seen growth of 20X in downloads, 56X in MAUs and 80X in DAUs. Interestingly, the startup clocked an impressive 4X scale up in revenues during the pandemic year of 2020-21 FY.

    “Lack of access to the essential resources such as information, sponsorships and professional support for budding athletes early on in their careers is costing India immensely in world sporting events. For an emerging world power like India, we indeed need to become a force to reckon with at the Olympics and other world events. Towards this mission, we need to start with equipping our young sportspersons with better access to resources”, said Shashank Mishra (founder- SportApp), who himself was once a budding cricketer but had to give up on his sporting dreams due to lack of resources. Today he is committed to removing the same barriers for young sportspersons and creating a much-needed disruption in the sports industry.

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    SportsApp is an aggregator platform combining Community, Content and Commerce together for India’s budding sportspersons. It uses tech to remove the sports industry’s asymmetry and carries the vision to ‘Empower Sports Stars Of Tomorrow’. Through SportsApp, budding sportspersons can access and leverage the entire sporting eco-system including physiotherapists, coaches, sponsors, nutritionists and other resources.

    SportsApp Founder and Team

    Interestingly, the Government of India has recently brought renewed focus on sports as an integral topic for the youth of the nation. The team sought the insights from Shashank on the future of this Digital Community for Sports Industry and what makes it so relevant in the current times –

    “Sporting ecosystem has 4 Ps that make it ripe for a tech-centric disruption— Patronage, Providence, Potential, and the Platform. Presently, there is a huge asymmetry of patronage from brands where 90%+ endorsements and sponsorship go to only top 5-6 stars, usually from the cricket. Indian Govt’s recent decision to bring ‘Sports’ into the curriculum from extra-curricular activities besides other initiatives such as ‘Khelo India’ is already helping build a solid and favorable ground.

    The emergence of sports as a sustainable career due to fan-friendly leagues is also playing a decisive part in improving the overall potential of the industry. Above all, there is a lack of relevant content on a dedicated platform making the sportspersons dependent on personal coaching. In short, there is a wide window of opportunity valuing a  whopping $900Mn that remains untapped – SportsApp fits perfectly in this segment to fill the gaps, by becoming the perfect aggregator for India’s sports ecosystem.”

    ‘Content’ is the biggest driver of their business that moves both ‘Community’ and ‘Commerce’ and enable learning. The key USP of the SportsApp lies in its algorithm that rates an individual player and throws up their rating/value. This value is then pitched to brands to sell sponsorship. The market ranking helps athletes realize their potential pretty early at the onset of their career, thus removing the probability of exploitation in the name of endorsements and sponsorship, which is quite rampant, otherwise.

    Shashank further adds: “Having tested the algorithm, the business model, the product-market fit, our initial success in getting both users and sponsorships is giving us the confidence to scale further. Some of our user athletes are already playing at India Juniors, or are winners at ‘Khelo India School (KIYG), KIUG, Commonwealth Games, Olympics and Indian National Teams. “

    SportsApp has set its eyes on capturing 60% of the market share in the coming 5 Years.

    SportsApp 

    The Community platform also provides regular updates on sports events of your sports, besides sending alerts on sports jobs available within the industry. Several veterans and existing sports personalities and coaches also form an integral part of SportsApp. You may join the community and follow your fellow/senior athletes, coaches, academies, and federations to stay updated with their latest feeds or directly reach out to them via an inbuilt messaging feature on the App for any support required.

    SportsApp – All In One App for Sports!
    Are you a sports lover? If you are, at least once you might have felt the needto have one platform that could do it all for the player inside of you. Tobridge this gap in the Indian Sports sector, Shashank Mishra founded SportsAppin the year 2018. SportsApp is an aggregated platform built with t…
    StartupTalkyVidhi Punamiya

    To know more about this innovative venture and be part of it, you may visit their portal download the app directly from the Android Playstore or connect with their social media handles on Facebook, Instagram or LinkedIn.