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Kabaddi Adda Shark Tank India Season 1

by IndiaSuccessStories
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Kabaddi Adda Shark Tank India Season 1 Got 80 Lakhs Funding in Exchange of 6% Equity by Vineeta Singh and Namita Thapar.

Kabaddi Adda Shark Tank India Season 1

Pitch no 96 with company details

Kabaddi Adda

The popularity of kabaddi, an age-old Indian sport that dates back more than 4,000 years, has increased recently. Over 50 crore Indians have fallen in love with this game, which is played at both the professional and amateur levels.

Founder of Kabaddi Adda

Arvind Sivdas and Suhail Chandhok founded the startup Kabaddi Adda. The business wants to introduce the age-old game of Kabaddi to every Indian screen and gadget.

Kabaddi Adda Funding Round

Company Name

Kabaddi Adda

Shark Tank India Season

1

Episode No

30

Season No

1

Brand

Kabaddi Adda

Idea

All-Kabaddi App

Original Ask

80 lakhs for 1% Equity

Deal

80 lakhs for 6% Equity

Invested By:

Vineeta Singh and Namita Thapar

At the core of Kabaddi Adda's pitch was a passion for Kabaddi and a commitment to promoting the sport on a global scale. Their app was designed to bridge the gap between fans and players, providing a platform for engagement, education, and entertainment. Kabaddi Adda aimed to foster a sense of camaraderie and belonging within the Kabaddi community, while also attracting new fans and participants to the sport.

The Pitch:

Kabaddi Adda entered the tank with an ambitious proposition: to create a comprehensive all-Kabaddi app that would serve as a one-stop destination for Kabaddi fans, players, and enthusiasts. Their app aimed to provide users with access to live scores, match highlights, player profiles, training resources, and community forums, all tailored to the unique needs of the Kabaddi community. With an original ask of 80 lakhs for 1% equity, Kabaddi Adda sought to garner support for their groundbreaking platform.

The Deal:

Impressed by Kabaddi Adda's vision and potential, Vineeta Singh and Namita Thapar recognized an opportunity to support a platform that was poised to make a significant impact on the world of Kabaddi. They made a generous offer of 80 lakhs for a 6% equity stake in the company, providing Kabaddi Adda with the financial backing and strategic guidance needed to further develop and expand their app.

Investors Behind Kabaddi Adda

Vineeta Singh and Namita Thapar: Kabaddi Adda enthusiastically accepted the offer from Vineeta Singh and Namita Thapar, marking a pivotal moment in their journey to elevate the sport of Kabaddi. With the support of experienced investors and access to valuable resources, Kabaddi Adda was well-positioned to enhance their platform and reach a wider audience of Kabaddi enthusiasts around the world.

Conclusion:

The success story of Kabaddi Adda exemplifies the power of technology and community in advancing sports culture. As they continue to grow and evolve their all-Kabaddi app, Kabaddi Adda serves as a testament to the passion and dedication of those who are committed to promoting and preserving the rich heritage of Kabaddi. With Vineeta Singh and Namita Thapar as strategic partners, Kabaddi Adda is poised to become the ultimate destination for Kabaddi enthusiasts everywhere, uniting them in their love for the game.

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