Sportskeeda was founded by Porush Jain and his fellow sports enthusiast Srinivas Cuddapah. The website's name is derived from a colloquial Hindi term that sporting equivalent of the word 'bookworm'; 'Sportskeeda' literally translates to 'sports worm' in English.
The website was initially run from the office of Jain's father in Noida, but moved its operations to Bengaluru in 2011. Sportskeeda was backed by venture capital funding in its initial years. Seedfund, an organisation that funds early-stage ventures, had invested ?2.8 crore into Sportskeeda in 2011. The Company turned profitable in 2014. Seedfund exited in 2019 when majority stake in the website was acquired by the gaming firm Nazara Technologies in 2019 at a valuation $10M. In May 2022, the company set up its 100% owned subsidiary, Sportskeeda Inc. in Delaware, US.
