Thu Sep 19 11:08:15 UTC 2024: ## TechJockey.com Secures Investment from Indian Cricketer Rishabh Pant

**New Delhi, India:** TechJockey.com, a leading online marketplace for software solutions, has secured an investment from renowned Indian cricketer Rishabh Pant. Pant acquired a 2% stake in the company for Rs 7.40 crore, valuing TechJockey at Rs 370 crore (approximately USD 44.17 million).

Founded in 2017 by Akash Nangia and Arjun Mittal, TechJockey connects software vendors with small businesses across India. Earlier this year, the company expanded its operations into the US, demonstrating its commitment to global growth.

Pant, known for his dynamic performance on the field, was drawn to TechJockey’s mission. “In cricket, the right technology is crucial for live streaming, commentary, and DRS,” Pant explained. “I’ve seen how software can grow businesses efficiently, so investing in TechJockey made sense to me.”

TechJockey plans to utilize the fresh funding to scale its marketing initiatives, expand its US presence, and increase the number of global sellers on its platform. The company’s SaaS-based approach positions it well for future growth, as the demand for SaaS solutions continues to rise.

In the fiscal year 2024, TechJockey reported a revenue of Rs 125 crore, with Rs 7-10 crore generated from ad sales. The remaining revenue was derived from margins charged to sellers. The company aims to reach Rs 170-180 crore in revenue in fiscal year 2025, driven by Pant’s investment and the global expansion strategy.

TechJockey.com currently offers over 500 software categories, catering to over five lakh businesses every month. This strategic investment from a renowned sports personality like Rishabh Pant further underscores the potential and growth trajectory of TechJockey in the evolving software solutions market.

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