11 July 2017, India:
Former Captain of India, Saurav Ganguly has made his debut in the Startup World by investing an undisclosed amount in a video streaming platform Flickstree.
Founded in 2014 by Saurabh Singh, Nagender Sangra, Rahul Jain, Flickstree is an intelligent content discovery platform that curates and aggregates content available on the web and personalizes the experience for users making discovery easier. It curates free-to-watch-online videos from YouTube, Vimeo, Facebook and multiple other sources and serves them completely personalized in a single application.
Saurav Ganguly said, “Digital is the future of India across all fields. And going by the country’s Digital India vision, I decided to invest in Flickstree because they’re at the forefront of innovative cutting edge technology and have great founders to realize their vision.” He also said, “Different users have different passions. Flickstree helps users follow their passion and create their personal video magazine. Such a model has the potential to change the way videos are consumed.”
Saurabh Singh, CEO, Flickstree said, “We are delighted to have Sourav Ganguly onboard as a partner, investor and a catalyst who really believes in our idea”. He also said, “India is witnessing video boom and with the launch of 4G, suddenly it has exploded further. With so many content producers creating quality content, it becomes difficult for users to discover videos across multiple platforms. Flickstree is trying to organize video content from the free web for users.”
Ganguly told TOI in a chat that he believed Indians love entertainment and cricket which is why he has bet on Flickstree at a very early stage. This is my maiden investment in a startup, for now, I will wait and see how this works out. I have not set aside a corpus to make more investments immediately, he said. Besides, pumping in capital, Ganguly will also help Flickstree build its brand and create awareness around the platform.
Another stylish southpaw Yuvraj Singh has successfully invested in the startups like Edukart, Startup Buddy, Vyomo and more through his own fund called YouWeCan. (Image- Hindustan Times/Gurinder Osan)
Also read- Yuvraj Singh launches YouWeCan Ventures to Invest in Startups!