Sports-tech startup SportVot has raised ₹32.7 crore (about US$3.5 million) in a new funding round. The round was led by IAN Alpha Fund, with support from investors like Anicut Capital, Let’s Venture, Capital A, Succeed Innovation, and others.
Some individual investors, including Garima Vohra and Gaurav Chanana, also took part in this funding round.
“With participation in grassroots and recreational sports rising rapidly we are seeing strong demand for accessible broadcast and streaming solutions. This funding allows us to expand internationally and invest further in our AI-led production and distribution capabilities,” said Siddhant Agarwal, cofounder of SportVot.
“Nearly 99% of sports played globally go unstreamed due to high production costs and limited access to technology. We are trying to bridge that gap by making professional-grade sports broadcasting accessible to leagues and organisers of all sizes,” Agarwal said.
Founded in 2019 by Siddhant Agarwal, Shubhangi Gupta, and Yash Bhagwatkar, SportVot, based in Mumbai, is building an AI-powered platform that manages everything in sports broadcasting—from creating the video to handling data and live streaming.
The platform has already streamed over 5 lakh matches in more than 30 countries and reached over 100 million viewers. As it expands into regions like North America, Europe, the Middle East, and Australia, it is growing at the crossroads of sports, media, and technology.
The company mainly makes money by charging tournament organisers and sports groups for producing and streaming matches. It also earns through pay-per-view content, subscriptions, and brand partnerships.
SportVot focuses on smaller and lesser-known sports, where limited access to affordable production and broadcasting has made it harder for them to gain visibility and earn revenue.
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