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Home > Startups > Funding > GoSports Foundation receives grant from Zerodha-backed Rainmatter

GoSports Foundation receives grant from Zerodha-backed Rainmatter

The capacity-building grant will aid the GoSports Foundation to make internal investments in its team, technology and systems.

Abhinav Kumar Singh
Last updated: September 16, 2024 1:30 AM
By Abhinav Kumar Singh
GoSports Foundation receives grant from Zerodha-backed Rainmatter
GoSports Foundation receives grant from Zerodha-backed Rainmatter
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GoSports Foundation, a pioneering force in Indian sports, has partnered with Rainmatter, a venture fund by Zerodha to support companies working in the area of health, climate & finance.

Rainmatter’s grant will enable GoSports Foundation to focus on enhanced systems and processes, leadership development and legacy-building projects that will drive forward organisational effectiveness and the momentum towards its mission of enabling sports excellence.

The capacity-building grant will aid the GoSports Foundation to make internal investments in its team, technology and systems to enhance its efficiency and impact as it continues its mission to enable sports excellence in India.

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Deepthi Bopaiah, CEO of GoSports Foundation said, “We are delighted to have Rainmatter as our partner. The Rainmatter team’s belief in our work reinforces our belief in the importance of sport in the nation-building process and motivates us to jointly create a lasting legacy of sports excellence in India.”

Nithin Kamath, Founder & CEO at Zerodha & Rainmatter, stated, “India has sporting talent but we also need to develop systems and processes around coaching and athlete development to make these players truly world-class. This needs structured and long-term planning to develop an inclusive & sustainable sports ecosystem in India. Rainmatter is glad to partner with GoSports Foundation and is committed to supporting their efforts to create more athletes in India that all of us can be proud of.”

Over the last 16 years, GoSports Foundation’s mission has been backed by the CSR initiatives of Aditya Birla Capital, AMM Foundation, AT&T, Brigade Foundation, HDFC Bank (Parivartan), Hyundai Motors India Foundation, IndusInd Bank, Infosys Foundation and Sony Pictures Network, among others.

TAGGED:GoSports FoundationRainmatter

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