SportVot, a SportsTech platform joins #SucSEEDFamily!!
SportVot is a multisport mobile and web platform where one can watch grassroots and community sports matches, and highlights and catch emerging
athletes in action. It raised an undisclosed seed round led by Ankur capital. The round also witnessed the participation of early-stage funds like other investors including SucSEED Indovation Fund, Capital A and Marwah
Sports.
SportVot is a hyperlocal sports platform that aims at creating an online channel to stream sports events and help discover sports talent from the grassroots of India while creating a community of sports enthusiasts. India has over 10 million aspiring/emerging athletes (U-19), and around 100k +
semi-professional/ professional tournaments that take place annually.
SportVot cloud-suite broadcasts live matches with premium graphics,
commentary, and sponsor cues with a combination of smartphones and web browsers. They have broadcasted more than 11000+ games across 6 countries including USA, UK and India with total views of more than 20 million. It has raised funds for scaling technology & infrastructure along with
refining product and customer acquisition.
SportVot is founded by Sidhhant Agarwal, Yash Bhagwatkar and Shubhangi Gupta.
Sidhhant comes with 8 years of experience building software and technology products. Worked with Oracle and Cashcare in the past. Built Thisgameweek, the first cross geography real money multi currency fantasy gaming platform, operational in India and Africa, partnered with Nazara games(largest mobile gaming platform in India) for publishing the game across geographies.
Yash comes with 3 years of operational experience, with 2 years of corporate operations at Accenture. He has spearheaded the sports operational network of broadcasters, content creators, sports talent, and data collectors in Maharashtra, Kerala, Tamil Nadu, Delhi.
Shubhangi comes with Digital marketing and Branding executive with around 4 years of experience. She has developed around 40+ brands including some marquee brands. She also had 2 other startups in the past. One named EthKnits, a handicraft online boutique, and Nite Owls, a small Digital Marketing agency specialising in startups.
Sidhhant Agarwal, Co-Founder, SportVot, “The latest fundraise will help us scale our product and technology. We look to expand into new geographies across the country and bring access to live video capture to as many sports games as possible. We are extremely delighted to have our new investors on board and I look forward to working together with them as we discover the next generation of sports talent across the country.”
Rema Subramanian, Managing Partner Ankur capital, “Sportvot enables young sports persons to showcase their talent and be discovered, leading to penetration of sports into the masses and make India a leading sports nation.”
Speaking on investing in SportVot, Vikrant Varshney, Co-Founder & Managing Partner of SucSEED Indovation Fund said, “According to the Marketwatch, Global Live Streaming Market is expected to reach $24 billion by 2027 to register a CAGR of 28.1% during the projected period. Live video streaming is trending nowadays due to the increasing acceptance of YouTube, Facebook, Instagram, Hotstar, and many more. SportVot provides a cost-effective and convenient end to end solution to sports bodies and tournament organizers for capturing and broadcasting their games, audience/community engagement, brand sponsorships and monetisation.”
Ankit Kedia, Founder of Capital A, “At Capital A, our endeavor is to build an ecosystem that supports the diversity of tech-driven startups who can contribute to the growth of the national economy. We have backed a number of brands in various verticals and are always keen to support startups that can emerge as differentiators and enablers in their domains. Our investment in Sportvot is a continuation of that strategy. Sports are a part of Indian pop-culture, and through its combination of technology and focus on the local sporting talent as well as events, SportVot has rapidly gained a significant standing in its domain. With a unique approach to not just showcase talent from all over India, but also build an entire ecosystem that benefits all stakeholders, the platform is bound to grow as a major force.”
Pranav Marwah, CEO of Marwah Sports, “Having tracked the team’s progress from their original product avatar, it gives us immense pleasure to see them crack product market fit in a highly underserved market in India. Offering live video streaming with native advertising opportunities alongside high quality production tools, all at an extremely affordable price, they have created a full-suite platform to showcase the next generation of local sporting heroes.”