By Sportstech startup Game Theory has raised $2 Mn in its pre-Series A funding round from Nithin Kamath’s Rainmatter, Rohan Bopanna, WEH Ventures, Prequate Advisory, and angel investors such as Balakrishna Adiga.
Game Theory said it will use the fresh funding for technology development, to build skill-based matchmaking, establish coaching products, and expand the reach of smart sporting facilities across the country.
“At Game Theory, our mission is to get people of all levels playing, by fostering a vibrant community that finds joy and camaraderie in sport. This funding milestone brings us one step closer to achieving that mission. Our technology will soon help people bring the “ultimate joy” of playing sports back into their lives,” Sudeep Kulkarni, founder of Game Theory, said.
Founded in 2018, Bengaluru-based Game Theory is creating an ecosystem through a user-friendly app, facilitating the seamless discovery of compatible players and enjoyable gaming experiences.
Game Theory’s user profiles showcase achievements, badges, trophies, and vibrant skill-based communities, enabling challenges, participation in amateur leagues, team formation, and the ability to spectate friends’ league matches.
