Thu Sep 19 19:08:44 UTC 2024: ## Indian Cricketer Rishabh Pant Invests in Tech Startup TechJockey

**New Delhi, India** – Indian cricket star Rishabh Pant has taken a leap into the tech world, acquiring a 2% stake in the burgeoning online software marketplace, TechJockey.com. The deal, valued at Rs 7.40 crore, places the company’s valuation at a hefty Rs 370 crore (around $44.17 million).

Pant, known for his prowess on the cricket field, cited his experience with technology in the sport as the driving force behind his investment. “In cricket, technology is vital for live streaming, commentary, and even DRS,” he explained. “The right tools help make smart decisions, and I’ve seen how software can grow businesses efficiently. Investing in TechJockey just made sense to me.”

TechJockey, founded in 2017 by former Zomato Vice President Akash Nangia and ex-McKinsey executive Arjun Mittal, connects software vendors with small businesses across India. The platform offers solutions tailored to over 500 business categories and recently expanded its operations into the United States.

The investment will be used to fuel marketing efforts, particularly in the US, and expand the number of global sellers on the platform. “Having Rishabh on board is a significant win for us,” said Nangia. “Not only because of his stature as a cricketer but also due to his deep understanding of business.”

TechJockey reported a revenue of Rs 125 crore in the financial year 2023-24, with Rs 7-10 crore generated from advertisement sales. The company aims to boost revenue to Rs 170-180 crore by FY25.

Pant’s investment highlights the growing interest of prominent sports figures in the tech sector and underscores the potential of the SaaS (Software-as-a-Service) model in driving business growth.

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