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What’s happening in Sports start-up sector ?

A clutch of interesting startups, riding on the growing enthusiasm for sports

For the love of sports!

The global sports industry is estimated to be around USD 620 billion with reference to recent report on the Indian sports sector by KPMG and CII.With the changing times the awareness about sports and related activities are spreading widely among masses. There exist numerous apps for checking match scores, sports schedule and statistics.Also tons of website sare present where one can buy sport equipment,connect with people and engage in favorite sports activities.More and more people are turning to the Sports industry to become it’s consumers in its various forms. Opportunities are galore to appeal to this big market size, where new Internet based services and sports industries can collaborate. List of some new startups that took a different road and carving niche in the industry ahead

Sportido, which recently raised funds from Sumpoorna Group, is one of such startups. The company was founded in August 2015 by Neeraj Aggarwal, Non-Executive Founder; Vishal Lunia, Co-founder & CEO; and Akhil R, Co-Founder and Product Head in Noida. If you didn’t find any enthusiasm from anybody to play sports you are interested in then Sportido is here to help. It is an application which helps you engage in sports with like-minded people. It offers around 700+ sports to choose from and includes categories from popular, rare, indoor, outdoor, winter or water, land or air. They can also get you best deals on gyms, trainers, venues, clubs and help you learning from coaches.

YouStakewas founded in October, 2013 by Frank De George who is Founder and CEO and Scott Hansbury, Co-Founder and COO of the company. You Stake is one of the first fully integrated sports staking platform. Here one can invest in sport players and earn revenue when they win. The company provides technology that is needed for backers to invest in player entry fees and generates real fantasy sport experience between fans and players with the help of social interaction. It is a simple, secure and transparent platform where both players as well as backers share their winnings and excitement.

Athletto, an initiative from IIM-Ahmedabad and NITIE-Mumbai alumni,it is is an app that gives access to sports facilities to every individual. The company provides web platform, mobile application as well business dashboards to sport enthusiasts like players, aficionados, professionals, coaches, sports academy managers, tournament organizers, etc. You can use it to book activities like coaching, training, tournaments, events etc. With the help of this app, one can discover sports facilities and events in their vincity.

OpenSponsorship is breaking the barrier of getting sponsorship for athletes with presence in 40 countries. It is into 50 sports, 2,000 athletes, teams and events. It was started in New York by Ishveen Anand in 2014. The company helps in bringing sponsors, brand and athletes. It is an online platform that allows corporates to search, connect and choose sponsors for professional sports. Many corporate companies use their search toggle to find listings of their personal interest and then connect with appropriate offices to discuss sponsorship opportunity.

This raises a question how far we need automation & platforms for the sports sectors in today’s world? Do share your thoughts in our comment section below.

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The Author

Abirami Pillai

Abirami Pillai

A 20 year old passionate geek, never misses a chance to read on internet culture, consumer-facing technology & social media.
Abbie loves to write about early-stage startups, disruptive technology and new Apps in the market, besides that she is a diehard cinephile and logophile.

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