Sporjo Raises $2M In Pre-Series A Round Led By Private Investor Punit Balan, Chairman, Punit Balan Group, Others
- ByStartupStory | August 26, 2021
Sporjo, an online education, training, and employability company focused on sports, today announced that it has raised $2 million in a pre-Series A round led by private investor Punit Balan, Chairman, Punit Balan Group and Punit Balan Studios, in participation with other private investors. The funding will be used to expand its product offerings, improve the product experience, scale its team, and drive expansion pan-India and in key overseas markets.
Srinivvasan said in a conversation said, “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.” However, Sporjo is focused on creating the right sporting jobs. Punit said there is immense talent for different kinds of sports across India. He added that the pandemic has impacted the sports industry, but it will be a “temporary phase”.
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