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101-500
Bengaluru
India , 2019
Bengaluru
Septathlon Services Private Limited (Machaxi) is a Sports Tech startup, based out of Bangalore. Users can purchase a Playing and Coaching membership via the Machaxi app and use this membership to play at our partner Centres or take coaching lessons from our Coaching partners. Machaxi collects the entire membership cost, deducts Machaxi fee and transfers the rest to Sports Infrastructure owners and Coaching partners. With Machaxi, Users can be assured that they get access to the most hygienic centres, a structured approach to learning, get a guaranteed playing partner and access to multiple sports and centres across Bangalore. *Enjoy multiple Sports: *Badminton *TT *Swimming *Box Cricket *Football *Karate
Machaxi is a sports company that was founded in 2019 to provide high-quality sports facilities and coaches in Bangalore. Their centers are equipped with state-of-the-art infrastructure, ample parking, sports shops, and cafes. They offer popular sports such as badminton, table tennis, cricket, football, swimming, and more. The company puts a high emphasis on hygiene, making sure that all its facilities are clean and safe. By providing accessible facilities and memberships, Machaxi aims to make sports available to every Indian. Created a professional grassroots neighborhood sports coaching brand, Our playing membership gives a guaranteed playing partner for sports like Badminton and we have brought Sports Shops inside the Sports centres increasing convenience of users.
We have scaled fast, we are EBITDA positive and now looking for capital to scale the business further, especially to build a large selection of sports equipment products that will allow us to compete with Decathlon. 1) Machaxi is a Sports & Fitness Tech startup, based out of Bangalore. 2) Our annual revenue run rate has jumped from Zero to INR ~13 Cr in the last 18 months. 3) We are profitable and cash flow positive. 4) We are projecting INR ~70 Cr Revenue run rate in the next 1.5 years. 5) We are raising 1 MM $$ as part of Pre-Series A round.
India, Australia & New Zealand (Oceania)
Mobile App
B2C
NA
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