Bengaluru-based sports technology startup Machaxi has raised USD 1.5 million (approximately Rs. 12.8 crore) in a funding round led by Rainmatter, the investment arm of Zerodha, with notable participation from badminton legend Prakash Padukone. The company plans to expand its AI-driven badminton coaching platform beyond Bengaluru to Hyderabad, Pune, and Chennai.