TIDA Sports is a multi-sports training and coaching startup that is in the process of gaining momentum in Chandigarh, India, and has just managed to raise a seed round of ₹3 crore. This massive inflow of capital was led by Inflection Point Ventures (IPV), an angel investment platform based in Gurugram, which indicated that investors had considered the idea of the platform revolutionising the development of grassroots sports in India. The investment is aimed at contributing to a major growth stage, and it will involve expansion of the geographical coverage of the company, improvement in the technological capacity, and expansion of the depth of the operational network of the company throughout the nation.
Expansion and capital usage
The new ₹3 crore raised will be directed by TIDA Sports in a number of strategic points, all directed towards the achievement of its broad objective of instilling quality sporting training in a large group of students. One of the main areas of investment is the geographical development of the platform, and the intention to extend its presence in five states and thirty cities in the near future is expressed. The scope of this massive exercise is a close collaboration with 200 schools, which is an important step that will result in delivering quality sports training to more than one lakh (100,000) students.
In addition to physical growth, the investment will be used to make major operational and technical improvements. The capital will be utilised to enhance the current technology platform of TIDA Sports, making it stronger in its Business-to-Business (B2B) operations, which mainly deal with school associations, according to a release outlining the financing. To reach its target market in these new markets, the company will expand its capacity by recruiting more qualified coaches and intensifying its on-ground marketing activities.
The Co-founder of IPV, Ankur Mittal, said, “The sports ecosystem in India remains fragmented, with limited access to quality coaching, infrastructure, and even basic equipment. As a result, many talented students drop out early, especially with academics being prioritised at home. But sports isn’t just about creating future champions who can fuel India’s ambition of becoming a marquee sporting nation, it’s equally about raising healthier kids and reducing their screen time. It builds discipline, confidence and overall well-being. TIDA Sports is helping bridge this gap by making quality training, venues and tournaments accessible at the grassroots level, ensuring that sports work for students rather than against their potential.”
Quotation Source: indianstartupnews
Foundation and notable collaborations
TIDA Sports is based on a collaborative model, whereby it establishes partnerships with schools and collaborations with academies of local sports bodies. This approach will help TIDA Sports to provide fundamental sports facilities, such as training, exclusive sports facilities, and thrilling competitions, to all its potential players with the touch of a button.
The organisation has already displayed a healthy execution ability as it has managed to arrange over 100 tournaments so far. The competitive nature of this dedication has been produced in tangible terms as it has helped in the breeding of players who have advanced to represent their respective states, as well as the country, in the elite-level championships. TIDA Sports has also developed significant partnerships with leading educational institutions and has partnered with such institutions as GD Goenka, DPS, DAV, and Aravali to both run and substantially improve their existing sports programs.
The operations of the platform are located in three major North Indian states, including Uttarakhand, Punjab, and Haryana. In this region, TIDA Sports has training facilities in various cities and regions such as Rishikesh, Haridwar, Dehradun, the Chandigarh tricity, Patiala, Jalandhar, Ambala, Amritsar, Ludhiana and Ferozepur, showing good regions it can use to initiate its national growth.
Conclusion
The seed round led by Inflection Point Ventures is a landmark event in the history of TIDA Sports, the Chandigarh-based multi-sports platform. The ₹3 crore secured capital will be transformational and will allow a huge scale-up of its operations and geographical reach, with the clear objective of targeting more than a lakh students by collaborating with 200 schools in five states and thirty cities. Through technological modernisation, increased coaching network, and stronger B2B business operation, TIDA Sports is positioning itself to address the disintegration of the Indian sports industry.
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