Sachin Tendulkar invests $2 million in JetSynthesys
Digital entertainment company JetSynthesys announced that it has received USD 2 million (about Rs 14.8 crore) investment from former Indian cricketer, Sachin Tendulkar which will further strengthen the relationship between the two.
The duo has a standing joint venture for a digital cricketing destination called 100MB, and immersive cricketing games- Sachin Saga VR and Sachin Saga Cricket Champions.
About JetSynthesys Pvt. Ltd.
JetSynthesys is part of the JetLine Group of Companies owned by the Navani family. It has a vision to generate first class digital products, services and platforms in India to fundamentally play an active role in the digital life of 1.3 billion Indians through targeted Big Data analytics, user experiences and unbeatable content.
Kris Gopalakrishnan, co-founder and former Vice Chairman and CEO of Infosys, is the Non-Executive Chairman of the Company and is also an investor. Rajan Navani serves as the Vice Chairman, Managing Director and CEO. Rakesh Navani is the company’s Finance Director while Parimit Parmar serves as the COO and Executive Director.
According to an official statement, with the latest investment, Tendulkar has joined the bandwagon of existing investors of JetSynthesys that includes Kris Gopalakrishnan, Adar Poonawalla, and family offices of the promoters of Yohan Poonawalla Group, Thermax, DSP Group and Triveni Group.
“My association with JetSynthesys goes back almost 5 years. We began our journey with Sachin Saga Cricket Champions and strengthened it with a unique Virtual Reality cricket experience. It is one of the most popular games in its category with over 20 million downloads,” Tendulkar said.
Rajan Navani remarked that he is very grateful and excited to have a Bharat Ratna on board and welcomes Sachin as an even more vital part of the JetSynthesys family.
He further added that Sachin’s long-standing support is a testament to his confidence in the vision of JetSynthesys.