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Sportskeeda was founded by Porush Jain in association with his fellow sports enthusiasts, Anshu Prasad and Robin Chhabria as well as Srinivas Cuddapah. The website was initially run from the office of Jain's father in Noida, but moved its operations to Bangalore in 2011. Sportskeeda was backed by venture capital funding in its initial years. Seedfund, an organization that invests in early stage startups invest Rs. 2.8 crore into Sportskeeda in 2011.
The media brand was then acquired by Nazara Technologies in 2019. Sportskeeda claims to publish around 150 articles everyday. The brand has a strong following in the US and also established its own 100% owned subsidiary in Delaware called Sportskeeda Inc. in May 2022.