New Delhi-based GolfLAN Technology Solutions, which owns and operate GolfLAN.com, a golf inventory aggregator, has raised Pre-Series A funding led by YourNest Angel Fund. The funds raised by the company would be primarily used for building the team, product enhancement, geographical expansion, infrastructure and marketing.
The company was started by Dhruv Verma in 2012, it currently has a network of over 400 golf courses across 25 countries including India, Middle East countries, SE Asian countries, UK, Europe, Australia, Africa, and USA etc.
“As a sport, and as a business, golf operates on a huge scale. Although there are no official figures, an estimated 90 million golfers worldwide play on close to 40,000 golf courses across the planet. There is a potential of atleast doubling this figure the moment Golf is made more affordable and accessible,” said Dhruv Verma, CEO of GolfLAN.
The startup is now offering the same services through its mobile app, offers a time management software to digitize golf course slot inventory globally.
Delhi-based SEBI-registered YourNest Angel fund has invested in Mumbai-based taxi aggregator firm BookMyCab, language speech recognition startup Uniphore Software Systems and MyCity4Kids, among others. It had also invested a pre-series A funding round in a digital advertising company Simpli5d, with participation from Udaan Angel Partners.