Thu Sep 19 09:08:19 UTC 2024: ## Cricketer Rishabh Pant Invests in Software Marketplace Techjockey.com

**New Delhi:** Indian cricket star Rishabh Pant has made a strategic investment in the online software marketplace Techjockey.com, acquiring a 2% stake for Rs 7.40 crore. The move signals a growing interest in the SaaS sector by prominent figures across various fields.

Pant, known for his dynamic batting style, said his decision was influenced by his understanding of the importance of technology in today’s business landscape. “Investing in diverse businesses requires a conscious understanding,” he stated, adding that he sees significant potential in the SaaS model.

Founded in 2017 by former Zomato Vice President Akash Nangia and ex-McKinsey executive Arjun Mittal, Techjockey.com acts as a bridge between software vendors and small businesses across India. Earlier this year, the company expanded its operations into the US market, further solidifying its presence in the global landscape.

Pant’s investment comes on the back of a successful funding round for Techjockey, valuing the company at Rs 370 crore. This valuation highlights the company’s rapid growth and the confidence investors have in its future potential.

Techjockey.com boasts over 500 software categories and serves more than 5 lakh businesses monthly. The company’s platform offers a wide range of software solutions, from accounting and CRM to marketing and HR.

The new funding will be used to amplify marketing efforts, enhance Techjockey’s US presence, and expand its global network of sellers. The company is targeting a revenue of Rs 170-180 crore in FY25, up from Rs 125 crore in FY24.

Nangia expressed enthusiasm about Pant’s investment, highlighting his business acumen and the value he brings to the company. “Having Rishabh on board is a significant win for us,” he said, adding that Pant’s deep understanding of business will be invaluable to Techjockey’s future success.

With Pant’s investment, Techjockey is poised to further its mission of connecting businesses with the right software tools to drive growth and efficiency. This move signals a growing trend of prominent figures from various sectors entering the technology space, recognizing the immense potential of the SaaS market.

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