About Machaxi
Machaxi is a company based in Bengaluru (India) founded in 2019 by Ashish Anand and Tushar Raj. Machaxi has raised $2.48 million across 8 funding rounds from investors including We Founder Circle, Ecosystem Ventures and Zaheer Khan. Machaxi operates in a competitive market with competitors including Hudle, Khelomore, Playo, Fitso and Push Sports, among others.
- Headquarter Bengaluru, India
- Founders Ashish Anand, Tushar Raj
- Stage Minicorn
- SectorsMedia & Entertainment
- Email••••••••
- Website machaxi.com
- Legal Name Septathlon Services Private Limited
- Date of Incorporation 15 Jul, 2019
- Jurisdiction Bangalore, Karnataka, India
- Annual Revenue₹5.01 Cr
FY 2024 · +283% YoY
- Net Profit₹43.7 Lakh
FY 2024 · 9% margin
- EBITDA₹65.2 Lakh
FY 2024 · 13% margin
- Total Equity Funding$2.48M (USD)
in 8 rounds
- Latest Funding Round$123.03K (USD), Series A
Mar 2026
- InvestorsWe Founder Circle
& 24 more
Associated legal entities of Machaxi
Machaxi is associated with 2 registered companies on The Company Check; the primary company is Septathlon Services Private Limited. Each company page carries the filings, financials, charges and directors of that entity.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Septathlon Services Private Limited CIN U93190KA2019PTC126199 | Active | 15 Jul 2019 | Bangalore, Karnataka | ₹5.0 Cr | 17 | 3 | View details |
| Septathlon Services Private Limited CIN U80904KA2019PTC126199 | – | 15 Jul 2019 | Bangalore, Karnataka, India | – | – | – | View details |
Funding Insights of Machaxi
Machaxi has successfully raised a total of $2.48M across 8 strategic funding rounds. The most recent funding activity was a Series A round of $123.03 thousand completed in March 2026. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $2.48M
- Total Rounds 8
- Last Round Series A — $123,027
- First Round $156,946
(Dec 2022)
- Investors Count 25
All 8 funding rounds of Machaxi with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar 2026 | $123,027 | Series A | – | – | – |
| Jun 2025 | $1.5M | Seed | – | Rainmatter | – |
| Mar 2025 | – | Seed | – | – | |
| Dec 2024 | – | Series A | – | – | |
| Jun 2024 | $574,517 | Seed | $6.61M | Inflection Point Ventures | |
| Mar 2024 | $53,989 | Angel Round | – | – | |
| Dec 2022 | $156,946 | Angel Round | – | Prateek Agarwal | |
| Dec 2022 | $67,608 | Angel Round | – | Prateek Agarwal | – |
| Date | Valuation | Stage |
|---|---|---|
| Jun 2024 | $6.61M | •••••••• |
Last known valuation $6.61M (Jun 2024). 25 investors in total: 6 institutional and 19 angel.
Investors in Machaxi
Machaxi has secured backing from 25 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include We Founder Circle, Ecosystem Ventures and Zaheer Khan.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Investment and strategic support for startups are provided by Ecosystem Ventures. | 2018 | ecosystemventures.in | Indore, India | |
Investments are made in early-stage tech startups across sectors. | – | ipventures.in | Gurugram, India | |
Indian fund focused on fintech, health, and climate initiatives. | – | rainmatter.com | Bengaluru, India | |
Investment in early-stage startups and global community support. | 2020 | wefoundercircle.com | Mumbai, India | |
- | – | resolutefuturewave.tcc.mode | - | |
Managed home rentals are listed on an online platform. | – | anantabizcon.tcc.mode | Mumbai, India | |
ZK Zaheer Khan | - | – | unknown_dda08b62fa9141a8b | - |
PD Pranshu Dwivedi | - | – | unknown_27429be505934440b | - |
AJ Amit Jaisingh | - | – | unknown_e95f7b8ee5394d45a | - |
AS Amreshwar Sati | - | – | unknown_279b13c71a664ea3a | - |
Investor details for Machaxi
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Board of directors of Septathlon Services Private Limited (Machaxi)
Septathlon Services Private Limited is the primary company behind Machaxi. The board of Septathlon Services Private Limited currently have 3 directors; the longest-serving is Tushar Raj, appointed in 2019. 1 earlier director has ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Tushar Raj DIN 08510041 | Director | 15 Jul 2019 | 7 yrs 2 mo | Septathlon Services Private Limited |
| Ashish Anand DIN 08510042 | Director | 15 Jul 2019 | 7 yrs 2 mo | Septathlon Services Private Limited |
| Pratish Raj DIN 08510040 | Director | 04 May 2024 | 2 yrs 5 mo | Septathlon Services Private Limited |
People of Machaxi
2 people are tracked at Machaxi (2 in leadership).
| Name | Role | Group |
|---|---|---|
| Co-Founder | Leadership | |
| Co-Founder | Leadership |
Complete people profiles for Machaxi
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Financials of Machaxi
Figures of Septathlon Services Private Limited, the primary company behind Machaxi, for FY 2024. Revenue was ₹5.01 Cr (+283% year on year). Net profit was ₹43.7 Lakh (9% margin). EBITDA was ₹65.2 Lakh (13% margin). Revenue has grown at a compounded annual rate of +583% over three years.
- ₹5.01 CrRevenue · FY 2024 · +283% YoY
- ₹43.7 LakhNet profit · 9% margin
- ₹65.2 LakhEBITDA · 13% margin
- ₹1.5 LakhPaid-up capital
- 17Employees (provident fund records)
- +583%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of Septathlon Services Private Limited are on its company page.
Detailed financial statements for Machaxi
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Timeline of Machaxi
4 dated milestones of Machaxi across 7 years, from founding to its latest funding, stage changes and deals.
- Founded Machaxi is founded.
- Funding First funding round of $157K.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Series A, of $123K.
Competitors of Machaxi
Machaxi operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Hudle, Khelomore, Playo, Fitso and Push Sports, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| hudle.in | 2015 | Delhi, India | $5.21M | 361 | Platform connecting sports enthusiasts with venues and communities is operated. | |
| khelomore.com | 2016 | Mumbai, India | $5.09M | 22 | Online platform for booking sports venues, coaching, and events | |
| playo.co | 2014 | Bengaluru, India | $2.62M | 48 | Sports venues and players are booked via an app-based platform. | |
| getfitso.com | 2015 | Gurugram, India | $3.75M | 240 | Provider of an online booking platform for multiple sports | |
| pushsports.in | 2017 | Gurugram, India | $459,642 | 13 | A platform for booking sports grounds and classes is provided. | |
| sportsjig.com | 2014 | Mumbai, India | – | – | A mobile app for discovering sports venues and events effortlessly. | |
| playerify.com | 2012 | Bengaluru, India | – | – | Connects sports players with venues through an intuitive online platform. | |
| besportly.com | 2024 | Mumbai, India | – | – | A digital hub for booking sports coaches and venues. | |
| goplayr.com | 2016 | Pune, India | – | – | A mobile app that enables users to discover and connect with sports players efficiently. |
Detailed competitors of Machaxi
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of Machaxi
The website of Machaxi (machaxi.com) receives about 12.6K visits a month.
- Monthly visits12.6K
▼ 26.5% vs previous month
Websites whose visitors overlap most with Machaxi. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| gametheory.in | 100% | 23.5K | #1,200,938 | View details | |
| hudle.in | 88% | 354.4K | #125,491 | View details | |
| gwsportsapp.in | 64% | – | #1,873,996 | View details | |
| playo.co | 56% | 671.4K | #70,392 | View details |
Latest news on Machaxi
Complete news archive for Machaxi
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Similar companies to Machaxi
10 companies that operate in the same segment as Machaxi (Sports Technology Platforms), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Operator of a platform providing skill-based games and interactive entertainment | 2018 | Delhi, Delhi, India | USD 92 M | USD 83.05 M | 1 | |
Subscription-based platform for streaming soccer content is offered. | 2015 | New York, New York, United States | USD 154.63 M | USD 1.62 B | 590 | |
Developer of a fantasy platform for multiple sports | 2009 | New York, New York, United States | USD 416.2 M | – | – | |
Subscription-based social networking platform for runners and cyclists | 2009 | San Francisco, California, United States | USD 144.6 M | – | – | |
Online fantasy sports platforms are provided for multiple sports. | 2012 | Boston, Massachusetts, United States | USD 718.6 M | USD 6.05 B | 5,100 | |
Operator of a multifaceted platform for sports content and experiences | 2008 | Mumbai, Maharashtra, India | USD 1.34 B | USD 509.95 K | – | |
Skill-based online games are provided through a technology-driven platform. | 2006 | Mumbai, Maharashtra, India | USD 99.06 M | – | – | |
Real money skill-based gaming is facilitated through an online platform. | 2018 | Bengaluru, Karnataka, India | USD 401.22 M | USD 100.11 M | 212 | |
Cloud-based software is provided for managing outdoor events and activities. | 1999 | Dallas, Texas, United States | USD 313.84 M | – | 2,458 | |
News media platform for soccer | 2008 | Berlin, Berlin, Germany | USD 320.1 M | – | – |
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Frequently Asked Questions about Machaxi
Machaxi was founded in 2019 and raised its 1st funding round 3 years after it was founded.
Machaxi is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Machaxi is a funded company, having raised a total of $2.48M across 8 funding rounds to date. The company's 1st funding round was a Angel Round of $156.95K, raised on Dec 2022.
The primary company behind Machaxi, Septathlon Services Private Limited, reported revenue of ₹5.01 Cr for FY 2024, up 283% year on year.
Machaxi was established in 2019 in Bengaluru, India, as a technology platform focused on sports academy operations. Comprehensive tools are supplied for administrative tasks, including enrollment tracking, scheduling, and performance monitoring. The sector addressed is sports management software, with services tailored to streamline daily activities and resource allocation for academies. Operations are centered in India, supporting local and regional sports institutions through digital solutions.
Machaxi has 25 investors. Key investors include We Founder Circle, Ecosystem Ventures, Zaheer Khan, IP Ventures, and Pranshu Dwivedi.
The valuation of Machaxi is $6.61M as of Jun 2024.
Machaxi operates through Septathlon Services Private Limited.
The legal entities of Machaxi currently have 3 directors, including Tushar Raj, Ashish Anand, Pratish Raj.