Digital
Machaxi aces $1.5m fund raise from Padukone and Nithin Kamath’s Rainmatter
BENGALURU: Machaxi, a Bengaluru-based grassroots sports-tech startup, has netted $1.5 million in fresh funding to power its AI-driven badminton coaching revolution. The round was led by Rainmatter, the investment arm of Nithin Kamath’s Zerodha, and featured a rousing smash from Indian badminton legend Prakash Padukone himself.
The funding will fuel Machaxi’s expansion into Hyderabad, Pune and Chennai, while laying the groundwork for over 1,000 tech-enabled coaching centres over the next four years, in partnership with the Padukone School of Badminton. At the heart of this initiative: an AI-led training system built to bring consistency, performance tracking and scalability to India’s fractured coaching landscape.
“I’ve always believed the future of Indian badminton lies in structured grassroots development,” said Padukone. “Machaxi’s AI vision ensures quality without compromise — no matter where you’re from.”
The startup’s tech doesn’t aim to replace human coaches but to empower them — standardising training methods, flagging performance gaps, and ensuring even remote centres can tap into world-class insights.
Machaxi co-founder Pratish Raj said, “This partnership is a big step forward in our mission to make quality sports coaching accessible to everyone in India. With the support of Rainmatter and the visionary backing of Padukone, we’re working toward a future where every aspiring athlete no matter where they come from can train with consistency, purpose, and access to world-class infrastructure. Our AI powered model is built to ensure that potential is discovered and nurtured, not overlooked. We’re proud to be at the forefront of this shift in grassroots sports.”
The playbook is timely. According to MarketsandMarkets, the global AI-in-sports market is set to grow from $1.03 billion in 2024 to $2.61 billion by 2030. Machaxi aims to ride that wave straight into India’s heartland, transforming courts and communities alike.
Founded in 2022, Machaxi has made a name blending on-ground grit with digital smarts — and now, it’s game on for India’s next gen of champions.
(Pictured Above (L-R)-Nithin Kamath, Ashish Anand, Tushar Raj, Prakash Padukone, Pratish Raj, and Dilip Kumar)
Digital
Ethical AI must benefit society, not dominate it, says WFEB chief Sanjay Pradhan at IAA event
At Mumbai event, ethics expert urges businesses and governments to shape AI responsibly
MUMBAI: Artificial intelligence may be racing ahead at lightning speed, but its direction must still be guided by human conscience. That was the central message delivered by Sanjay Pradhan, president of the World Forum for Ethics in Business (WFEB), during the latest edition of IAA Conversations held in Mumbai.
The session was organised by the International Advertising Association (IAA) and the Artificial Intelligence Association of India (AIAI) in association with The Free Press Journal at the Free Press House on 7 March. Addressing a packed audience, Pradhan called for stronger ethical leadership to ensure AI remains a tool that benefits humanity rather than one that governs it.
“Artificial intelligence has rapidly become one of the most powerful technologies humanity has created,” Pradhan said. “It is unlocking breakthroughs in medicine, science and creativity at a pace unimaginable just a few years ago.”
But he warned that the same technology carries serious risks. AI, he noted, can amplify disinformation faster than facts can travel, compromise privacy, deepen discrimination and disrupt millions of livelihoods. Referencing concerns raised by AI pioneers such as Geoffrey Hinton, often called the godfather of AI, Pradhan stressed that the real challenge is not whether AI will shape the world, but whether humans will shape it with ethics and wisdom.
Structuring his talk around four guiding questions, why, what, how and who, Pradhan introduced the audience to WFEB’s emerging AI Ethics Partnership, a global platform aimed at advancing responsible artificial intelligence. He outlined four priority concerns that demand urgent attention: disinformation, bias and discrimination, data privacy and job security.
To make the idea of ethical AI easier to grasp, Pradhan offered a simple metaphor. Ethical AI, he said, is like a three layered cake. The outer layer represents the visible value ethical AI creates for businesses and society. The middle layer is organisational culture that moves ethics from written codes to everyday practice. The innermost layer, however, is the most crucial, the conscience of individual leaders.
Drawing from Indian philosophical thought through WFEB co-founder Ravi Shankar, Pradhan noted that while artificial intelligence can reproduce stored knowledge, true intelligence is boundless and rooted in conscience, creativity and compassion. Practices such as breathwork and meditation, he suggested, can help leaders develop the calm clarity needed for ethical decision making.
The event also featured a discussion with Maninder Adityaraj Singh, chief of staff and head of innovation at Rediffusion Brand Solutions Pvt Ltd, and Yash Johri, lawyer, Supreme Court of India.
Opening the session, IAA India chapter president Abhishek Karnani, highlighted the need for industries to understand and engage with AI responsibly.
“AI has to be befriended and understood,” added Rediffusion managing director and AIAI national convenor Sandeep Goyal. “Its ethical use will determine whether it becomes a friend or a foe.”
As AI continues to reshape industries and societies, Pradhan ended with a simple but powerful call to action. Businesses, governments and individuals must work together to ensure that the algorithms shaping the future reflect human values rather than just cold logic.
