CricHeroes Secures $1 Million in Bridge Round to Scale Revenue and New Initiatives

AHMEDABAD, India - Aug. 21, 2024 - PRLog -- CricHeroes, the world's largest grassroots cricket platform, announced today that it has raised $1 million in a bridge round from prominent angel investors including Shuru Up, Venture Catalyst, We Founder Circle, Eagle10 Ventures, IVY Growth, and PNR Projects.

With over 30 million registered users globally, CricHeroes is set to utilize the new capital to scale its existing revenue channels and new initiatives. The platform, which sees over 300,000 matches scored monthly and is present in 100+ countries, continues to solidify its position as a leader in the cricketing community. CricHeroes also boasts partnerships with 23 BCCI-affiliated State Cricket Associations of India (https://cricheroes.com/state-cricket-associations-bcci) and 40+ ICC-affiliated Cricket Associations (https://cricheroes.com/icc-associations).

"We are delighted to have some of the most influential angel funds participating in this round. This capital will help us scale revenues, new initiatives, and build the most loved Cricket brand in the world. At CricHeroes, we have always believed in the power of grassroots cricket and its potential to transform lives. Our goal is to democratize cricket, making it more accessible, data-driven, and rewarding for cricketers at all levels. We are excited about the road ahead and the positive impact we can create in the cricket ecosystem globally," said Abhishek Desai (https://in.linkedin.com/in/abhishekdesai), Founder of CricHeroes.

"We are excited to welcome our new investors, who are strong believers in what we are building. Grassroots cricket is one of the pillars on which the global game is built, and it is our mission to transform this experience by creating an impact at every point in the journey of a cricketer. Whether you're playing casually with friends or a state premier league, CricHeroes as a platform and community will provide value to you across scoring, data and analysis, video streaming, venue booking, and commerce," added Parth Jhala, Head of Strategic Initiatives.

CricHeroes continues to revolutionize grassroots cricket by providing cricketers with a platform to track performance, stream matches, and gain recognition at all levels.
About CricHeroes

Founded in 2016, CricHeroes is the world's largest platform for grassroots cricket with a presence in over 100 countries and 30+ million registered users (https://blog.cricheroes.com/cricheroes-celebrates-3-crore...). The platform allows cricketers of all levels to score and stream matches, track their performances, and connect with the cricketing community globally.

Visit us at : https://cricheroes.com