Game Theory, a technology-focused brand aiming to enhance real sports engagement and accessibility, has successfully raised $2 million (approximately ₹16.6 crore) in a pre-Series A funding round. Renowned industry players, including Nithin Kamath’s Rainmatter, Rohan Bopanna, WEH Ventures, Prequate Advisory, and prominent angel investors such as Balakrishna Adiga, have invested in the company.
The funds raised will be utilized for various purposes, including the further development of technology, implementation of skill-based matchmaking, introduction of coaching products, and expansion of the network of smart sporting facilities nationwide. Game Theory aims to improve accessibility and engagement in casual sports integrating technology at both user and facility levels.
Addressing common challenges in traditional sports participation, Game Theory seeks to facilitate finding like-minded players and dealing with logistical issues. Ongoing technology development focuses on providing users with an experience that encourages consistent participation and improves their on-field experience. Innovative features like automated scoring, game highlights, and advanced sports statistics achieved through computer vision and artificial intelligence will be implemented.
Founder of Game Theory, Sudeep Kulkarni, expresses his excitement about this funding milestone, stating that it brings them closer to achieving their mission of fostering a vibrant community that finds joy and camaraderie in sports. The fully-integrated technology platform offered Game Theory will introduce interactive elements such as real-time scorekeeping, engaging video highlights, professional sports-style statistics, and on-field matchmaking to enhance the overall user experience.
Nithin Kamath, Founder of Rainmatter, emphasizes the significance of Game Theory’s solution in making sports accessible to Indians, providing locations to play regularly and matching individuals with similar skill levels.
Game Theory is building an ecosystem where users can find well-matched players and enjoy quality games hassle-free with the help of their app. By incorporating insights from the gaming industry and cutting-edge technology, the brand aims to make pro-sports tech more accessible and offer personalized experiences similar to esports. The platform features profiles with highlights, badges, trophies, and active skill-based communities, allowing users to challenge others, participate in amateur leagues, form teams, watch friends’ matches, and reconnect with old schoolmates for sports.