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Sports-tech Startup 'Spolto' wins $1 million in a Seed Funding round

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In a Seed funding round led by Andrew Johnston and others, sports technology startup Spolto has raised $1 million, or nearly Rs.8.4 crore. Spolto stated in a press release that the financial proceeds raised in a funding round would be used to expand its services and reach more urban communities.

Co-founded in the year 2021 by Safa Soltani and Divesh Nathani, Spolto plans to engage sports across the urban India. The platform offers admittance to a wide variety of sports, from tennis and swimming to badminton and gymnastics, it is additionally offering trendy games like pickleball.

The startup wants to make sports a part of everyday life for urban Indians by encouraging grassroots sports development and recreational skill building.

Spolto claims that it is about to expand its digital presence in order to meet the requirements of the contemporary Indian customer.

With an emphasis on obtainability and ease, it means to turn into the go-to platform for athletic ability improvement in India's metropolitan communities.

The Pune-based organization asserts that it has laid out associations with north of 1,200 mentors and foundations across 12 games in Maharashtra since beginning.

Expressing to this, the Founders says, “At Spolto, we’re committed to expanding access to sports in urban India, helping individuals of all ages and backgrounds discover the joy and benefits of sports. This funding will enable us to grow our platform and empower more people to embrace an active lifestyle”.

“India offers a massive opportunity at the intersection of sports and technology. The country’s dynamic sports culture and rapid technological progress create a unique environment for innovation. Spolto is driving this transformation, and I am excited to support their vision”, they added.