KIBI Sports, a sports startup, has raised $100,000 in its pre-seed funding round from angel investors, including Saurabh Aggarwal, Arpit Bhardwaj, Vartika Joshi, Suryansh Jain, Pranjal Bansal, Amit Kumar Sahu, Pratibha Rani, and Sushila.
The funding raised will be used to expand its operations, enhance its technology, and scale its platform to reach a broader audience.
“Our vision is to create a sustainable sports ecosystem where athletes, brands, and institutions can thrive together. KIBI Sports is here to transform the way the sports industry operates by offering scalable and effective solutions,” said Sagar Rai, Founder & CEO of KIBI Sports.
Founded in 2020 by Sagar Rai, KIBI Sports is designed to connect and empower all sports industry stakeholders! Whether you’re an athlete, coach, nutritionist, physiotherapist, or sports staff.
KIBI Sports operates through three core revenue channels: a digital marketplace facilitating seamless transactions for sports equipment and merchandise, a platform connecting athletes and institutions with brands for sponsorships, and a streamlined system for sports event registration and booking.
The platform builds a comprehensive platform that serves stakeholders across the sports ecosystem, particularly those in Tier-2 and Tier-3 cities while elevating the visibility of underrepresented sports.
KIBI Sports claims it has onboarded over 20,000 athletes and 800 sports institutions and secured multiple sponsorship deals.
