Florintree Advisors' Mathew Cyriac invests in MyySports
Summary
Cyriac, who has been an existing board member in the startup, will join the New Delhi-based startup as co-founder.MyySports was founded in 2021 by Saurav Banerjee, who was previously a partner at Kalaari Capital. The sportstech startup provides creator tools to allow sports lovers to create, socialize and monetize their content.India is at the cusp of a digital revolution with 1 billion smartphones in the hands of the people. With its offering, MyySports captures the large sports community on its digital platform, said Cyriac, who is also a former Blackstone executive.Florintree Advisors has made over 30 investments over the past five years. These include two initial public offerings in listed Mtar Technologies and Data Patterns, and exits from three companiesCashe, Pharmeasy and Wealthdesk.Cyriac also has other investments in the sports sector. He is a prolific investor with an unbeatable track record and has over five investments in the Sports sector.