Chennai, 13th October 2022: Mathew Cyriac has invested $ 2 M in MyySports. Matthew Cyriac is a board member and now joins as co-founder. He is also the founder of Florintree Advisors. Saurav Banerjee founded MyySports in 2021.
MyySports is a sports-tech start-up that provides simple creator tools allowing millions of sports fans to create, socialize and monetize their content through its app. The app is sports and geography agnostic. MyySports recently acquired a gaming company (MyyHashstash).
“India is on the cusp of a digital revolution with 1 billion smartphones in people’s hands. MyySports captures the sports journey of every sports fan and enables socialization. With its rich offering, MyySports is all set to capture the large sports community on its digital platform. I am delighted to be partnering with Sourav on this journey.”
said Mathew Cyriac co-founder and Director of MyySports
Sourav Banerjee commented, “I am extremely happy to have Mathew as a co-founder. He is a prolific investor with an unbeatable track record and has over five investments in the sports sector. And MyySports will benefit greatly from his vast experience. A warm welcome on behalf of the entire MyySports team.”
About Mathew Cyriac:
Mr. Mathew Cyriac is the founder and executive chairman of Florintree Advisors. Florintree has made over 30 investments over the past five years. MTAR Technologies and Data Patterns, two of the Florintree portfolio Companies have completed successful IPOs. Florintree also has fully exited three of its investments – Cashe, Pharmeasy, and Wealthdesk (sale to PhonePe). Mathew Cyriac currently has several investments in the Sports sector -Procam International (Marathons and participative sports) Super Six Sports (Fantasy Sports Gaming under brand Fantasy Akhada), SFA Sporting Services (Sports Tech), and Plaeup Pvt Ltd ( D2C Sports Footwear for School Children). He has previously served as Senior Managing Director & Co-Head of Private Equity in India at The Blackstone Group.