Sports-focused startup Sporjo has announced that it has secured $2 million in pre-Series A funding round. The announcement also said Leander Paes will join the board.
The round saw participation from private investor Chairman of Punit Balan Group and Punit Balan Studios – Punit Balan, along with other investors.
G Srinivvasan told to YourStory, “I realised that there is a massive gap between candidates and employers in the segment. Employers are overwhelmed by the number of applications, but candidates don’t have the right experience. They are passionate about sports and want it to be their profession, but they haven’t been able to hone the right skill sets.”
Punit Balan said to YourStory, “Our group has always been supporting sports, directly or indirectly, whether it is buying a franchise, a tennis premier league, premier badminton league, or supporting cricketers playing for the state and aspiring to play for the country. So when Leander (Paes) got us this proposal and met Srini, there was a common connect to better sports professions in India.”
Arya has been a part of the Content & Research Team at Hrnxt.com. She is a keen observer of economic developments, emerging businesses, people in business and keeps a tab on latest happenings in the business environment.