<ul><li>Machaxi, a sportstech startup, has raised $1.5 million in a funding round led by Rainmatter, the investment arm of Zerodha.</li><li>The funding will support Machaxi in expanding its operations to new cities and developing an AI-powered badminton coaching framework.</li><li>The startup is collaborating with the Padukone School of Badminton to launch the 'Machaxi x Padukone School of Badminton' program with the aim to establish over 1,000 coaching centres across India.</li><li>The global AI in Sports market is projected to grow significantly, indicating a positive outlook for tech-driven sports initiatives like Machaxi.</li></ul>

Zerodha's Rainmatter, others invests $1.5 million in sportstech startup Machaxi

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