Chennai: : Howdydo!
– A Neighbourhood Sports Social Networking Platform for finding or hosting sporting
events, sports classes/coaches, forming teams, finding sports partners
integrated with HowdyDo Messenger, clinches Rs. 2 crore worth investment from
TIW Private Equity based out of Delhi. TIW Private Equity will be given 10 %
stake in the company. TIW Private Equity will initially invest Rs. 1 crore in
Howdy Ventures Private Limited with an additional option to invest Rs. 1 crore
in future. Mr. Xavier Britto, the Chairman Kerry Indev Logistics and Howdy
Ventures has also agreed to infuse more capital as needed.
HowdyDo was
launched in 2017 with a vision of changing the sports land scape in India.
“Global Sports Market is worth $ 800 Billion. India’s sports market is currently worth $3-5 Billion and
is expected to grow in leaps and bounds. India has won 24 Olympic Medals in 28
Olympic Games held since 1900. We want to change this by focusing on
Neighbourhood Sports” said Mr. SK Choudhury, (Director of Howdy Ventures
Pvt. Ltd).
“One can be a
fantastic sports person but they fail to get noticed. Recognition is key to
success. The “likes” in HowdyDo platform can help get the recognition needed.
Our aim is promote sports in the grassroots level. In HowdyDo, we have brought
every aspect of sports and made it local to your neighbourhood. Find a class or
a coach, form a team, find sporting events, find partners for your gym, running
or tennis in your neighbourhood or how about that local event played in your
locality. The cool part is we have integrated social networking and messenger
to every aspect of our application. Our messenger is capable of having 1 lac
people in a group with conference calling and conference video calling.Although
everyone aspires to be a Tendulkar or Mary Kom, first you have win a local
medal in your school or college, then your locality, city, your district then your state and nationals.”
said Mr. Sudhakar Raja, CEO of Howdy Ventures.
Mr. Xavier
Britto, Chairman of Kerry Indev Logistics with interests in Hospitality,
Education and Sports and also the Chairman of Howdy Ventures said “With India gearing up for many more
multi sports events lined up in our country like Indian Premier League
(Cricket), Hockey Indian League, Indian Super League( Soccer), Indian Badminton
League, Pro Kabaddi League and Premier Futsal. There’s been a seismic shift of
interest in Indian sports in a big way attracting mass fan following. It has
brought tremendous potential to invest in sports and garner huge returns in
this segment. We see a great potential in Howdydo! and we are going to continue
our support with additional funding as and when required”
Mr. Harry
Lagard a Director in Howdy Ventures and in the board of First Flight Couriers,
RCI Logistics, Nokia and Tron Infra Solutions ( A Smartron company ) said “We welcome TIW on board for
investing in this Howdy Ventures, money raised
will be utilized for further marketing spend to boost visibility of
HowdyDo. HowdyDo, an innovation from India will expand rapidly with global
aspirations”.
Mr. Khirodkumar
Jena, a Director
in Howdy Ventures and Chairman World Odia Convention and Angel Investor
said “ Sports in India requires to be rebooted. HowdyDo will bring out the
talented sports people. It is not only for sports players but also the
fans. We are also looking at helping the
under-privileged sports persons by helping them get funded to move to the next
level.”
Mr. Anurag
Joshi of TWI Private Equity stated
“We always stay focused investing in diversified fields which will yield us
maximum returns with growth. We foresee a lot of potential in this market and
Howdydo is poised to play a major role as an early mover. HowdyDo’s Privacy
Protection where users phone number and email is masked will be a game changer.
India requires a Sports Game Changer like HowdyDo to grow the sports base in
India. TIW will be a stepping stone in HowdyDo’s success journey.”
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