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STARTUP·2 min read·Jun 12, 2025

Zerodha Just Dropped $1.5 Million on This Startup — And It’s About to Revolutionize Indian Sports Forever

Forget cricket — a new sports revolution is brewing in India, and Zerodha’s Rainmatter just threw serious cash behind it! Bengaluru’s Machaxi is not your average startup. It’s on a mission to shake up Indian sports coaching using AI, tech, and grassroots power — and now it’s backed by none other tha

Asian businessman presenting a startup idea with charts and graphs on a whiteboard.
Asian businessman presenting a startup idea with charts and graphs on a whiteboard. · Plate 01 · Photographed for The Entrepreneur Story

Forget cricket — a new sports revolution is brewing in India, and Zerodha’s Rainmatter just threw serious cash behind it!

Bengaluru’s Machaxi is not your average startup. It’s on a mission to shake up Indian sports coaching using AI, tech, and grassroots power — and now it’s backed by none other than Zerodha’s Rainmatter and Indian badminton legend Prakash Padukone.

If you thought sports in India couldn’t get any smarter, think again.


Why Everyone’s Talking About This Sportstech Startup

Machaxi is building India’s first truly digital, AI-powered coaching platform for grassroots athletes — starting with badminton. And they’re not stopping in Bengaluru.

Thanks to this fresh $1.5 million round, they’re exploding into Hyderabad, Pune, and Chennai. Imagine thousands of kids across India getting world-class coaching through an app — powered by AI, and backed by the legends of Indian sport.


Zerodha’s Nithin Kamath Says It’s More Than Just a Bet — It’s a Movement

“We believe in grassroots sports transforming communities,” says Nithin Kamath — founder of Zerodha and Rainmatter. This isn’t just an investment; it’s a chance to build India’s future sporting heroes.


Prakash Padukone’s Backing? That’s a Game-Changer

When an Olympic legend puts their weight behind a startup, it’s time to take notice.

Padukone’s support means Machaxi isn’t just tech hype — it’s legit, credible, and ready to disrupt Indian sports coaching at scale.


What’s Next? India’s Sports Scene Will Never Be the Same

With AI coaching tools, digital infrastructure, and rapid expansion, Machaxi is set to change the way Indian kids train, compete, and dream.

Forget waiting for cricket stardom. The next big Indian sports star could be training on Machaxi’s platform — powered by AI and backed by the biggest names in Indian sport and finance.


Want to be part of India’s next sports tech revolution? Keep your eyes on Machaxi — this is just the beginning.


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About Zerodha Just Dropped $1.5 Million on This Startup — And It’s About to Revolutionize Indian Sports Forever — five of the most-asked, in the desk's own words.

  1. 01What is this story about?
    Forget cricket — a new sports revolution is brewing in India, and Zerodha’s Rainmatter just threw serious cash behind it! Bengaluru’s Machaxi is not your average startup. It’s on a mission to shake up Indian sports coaching using AI, tech, and grassroots power — and now it’s backed by none other tha
  2. 02Who wrote it?
    The Entrepreneur Story · Staff. 2 min read · Jun 12, 2025.
  3. 03Is this sponsored?
    If a piece is, the disclosure sits above the cover image and again in our public transparency report. This one carries no commercial disclosure.
  4. 04How do I get the rest?
    Subscribe to The Briefing for a Wednesday letter from the desk, or browse by category from the top navigation.

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