Technology has been quietly transforming the world of sports over the past decade. It influences how players train, compete and how leagues and clubs organize themselves and how fans are engaged.
According to sports investment industry experts, Data analytics and fan engagement technologies such as esports, live streaming, fantasy and media content are set to make the biggest impact in the sports industry in the next 12 months.
While Soccer and Baseball are leading in the adoption of sports technology, Cricket is playing a quick catch-up in the technology front. CricClubs (cricclubs.com) a US-based sports technology company focused on Cricket is in the center of that momentum.
Through their digital offerings in competition management, scoring, match streaming, e-commerce and AI driven data analytics solutions, CricClubs has steadily made progress in unifying the fragmented Cricket community across the world and transforming the way grassroots Cricket is organized and consumed.
Just in 4 years, they were able to garner several million users across 57 countries along with technology partnerships with several Cricket national governing bodies.
Become an investor
CricClubs has announced the launch of its equity crowdfunding campaign on Republic platform (republic.co/cricclubs) to accelerate sports technology adoption in the Indian subcontinent. Anyone 18+ of age can invest in equity crowdfunding and become shareholders of the company.
The investments can start as little as $100. Equity crowdfunding is a unique opportunity to invest in the sports tech industry that is projected to reach US $30 Billion by 2024. Until recently, such investment opportunities were available only to Venture Capitalists, Angel networks and accredited, high net worth individuals.
The co-founder and director Ganesh Nallapareddy said "The market we are in is over US $50B and Indian subcontinent represents a sizable portion of that. We were able to gain significant traction in USA, Singapore, Saudi Arabia and several other countries. We are best positioned to apply our learnings from these markets in India and other major Cricket markets and replicate our success."
"Growth of CricClubs has been fueled by the passionate Cricket community that loves our platform. We are thrilled to offer investment opportunities through this equity crowdfunding campaign and have them by our side as investors through our exciting journey of growth.", Mr. Nallapareddy added.
This is a great opportunity for all the cricket fans and enthusiastic investors out there to invest in the company that has a promising future in sports technology. CricClubs has a solid foundation with tremendous growth potential. Check out their campaign page on Republic at republic.co/cricclubs for more information.
Press release by: Indian Clicks, LLC
