Saturday, June 15, 2024
Outlook India
Outlook Business

Game Theory Acquires for Enhancing Sports Gamification

This is Game Theory's first acquisition, further solidifying its dedication to innovation in the sports gaming industry.

Game Theory Acquires for Enhancing Sports Gamification
POSTED ON November 09, 2023 3:25 PM

Sports tech platform Game Theory on Thursday said it has acquired sports analytics startup 

Game Theory is backed by Zerodha co-founder Nithin Kamath's Rainmatter Capital, and had raised $2 million (close to Rs 17 crore) by investors last month. 

The acquisition marks Game Theory's first and strengthens its commitment to innovation in the sports gaming sector.'s tech stack shortens Game Theory's time to market and brings in the key talent that Matchday has built from the ground up, the company said in a statement. 

Game Theory founder Sudeep Kulkarni said Matchday has developed incredible computer vision technology. 

“The world's top athletes have used it to help improve their game. Game Theory will now bring this technology to everyday players,” he added. 

Co-founders of, Ganesh Yaparla, and Harsha Vardhan Komanna said, “Recognising our complementary strengths, we were all able to agree that working together gave us the best chance of realizing our shared vision.” 

  • Related Articles

    Kratos wants to create a community of gaming studios and players on their platform

    Kratos Studios Allocates Rs 50 Crore Grant To Encourage Games Migration To Blockchain

    Nazara Technologies Limited plans to invest a minimum of Rs 1 Crore per game and launch up to 20 games over the next 18 months

    Nazara Technologies Unveils 'Nazara Publishing' to Support Game Developers

    Game Theory will utilise the fund to develop core technology for skill-based matchmaking and enable the introduction of engaging racquet sports like tennis and table tennis

    Nithin Kamath Invests $2 Million In Game Theory