Game Theory, a real sports gaming platform, has secured an undisclosed amount of funding from prominent figures in Indian sports. Among the investors are Padma Bhushan awardee and former India No. 1 badminton player Pullela Gopichand, former world No. 10 squash player Saurav Ghosal, and Khel Ratna Awardee and current India No. 1 table tennis player Sharath Kamal.
The funds will be allocated towards advancing the company’s technology infrastructure to enhance their coaching programs. Sudeep Kulkarni, the founder of Game Theory, revealed that the investment will be used to improve the delivery and quality of their services.
Headquartered in Bengaluru, Game Theory focuses on connecting individuals who play physical sports with skilled players and organizing matches. The company is seeing notable growth in its badminton and swimming programs, and has plans to expand city-wide across India within the next year. Currently, Game Theory operates 15 venues in Bengaluru, with five more set to open soon.
Kulkarni emphasized the company’s commitment to youth training, aiming to provide consistent and effective sports education at the grassroots level. The use of technology will help identify key areas for improvement and provide ongoing feedback to parents, fostering greater interest and progress in sports.
In recent developments, Game Theory acquired sports analytics startup Matchday.ai. Additionally, the company raised $2 million in funding in October 2023 from Rainmatter, a startup accelerator fund founded by Nithin Kamath’s Zerodha, Indian tennis player Rohan Bopanna, WEH Ventures, Prequate Advisory, and angel investors including Balakrishna Adiga.