Sporjo, a sports-focused online education, training, and employability startup, said today that it has secured $2 million in a pre-Series A round headed by private investor Punit Balan, Chairman, Punit Balan Group and Punit Balan Studios, and other private investors. The money will be used to increase the company’s product offerings, improve the user experience, grow its team, and so on.
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”.