Youwecan Ventures led by ace Cricketer Yuvraj Singh, has recently invested in SportyBeans, which is India’s largest and Premier Multi-Sport Program for children between the ages of 1.5 – 8 years. SportyBeans has developed a highly research backed sports and fitness curriculum for the program across nine popular ball sports, viz Soccer, Basketball, Baseball, Volleyball, Hockey, Tennis, Cricket, Rugby and Golf; which is focused on creating a skills-driven, high-energy and fun-filled environment.
Yuvraj understands the importance of physical fitness and sports involvement from an early age and SportyBeans is the ideal platform to provide this foundation to the young children of the Country. Yuvraj would also be leveraging his own knowledge and experience to co-design the course curriculum for SportyBeans. Thus, Yuvraj’s Association with the Brand would be unique as it would extend much beyond being just an investor.
Speaking on his decision to team up with SportyBeans, Yuvraj said
Sporty Beans is a unique platform to identify and develop interest in sports at an early age of 2 years to 8 years and hopefully it will help in creating a transformational impact on building next generation of sports persons in India
Having started its First Centre in 2010 and having enrolments of over 30,000 children till date , SportyBeans has now established a strong proof of concept with a sizeable presence across the country. With over 35 centres spread across 17 cities, SportyBeans currently caters to over 15,000 children a year and boasts of a highly profitable business model with a proven track record across its Franchise network.
SportyBeans is a new economy unique platform to target the wallet share of spending around children besides traditional K-12 education, apparel, toys, health care etc. Keeping this large target audience in mind, the brand is now looking at an aggressive growth plan which would see ~200 SportyBeans centers across India over the next 2 years. Catering to student strength of about 1,40,000 children in these centres, the brand is looking at revenues of over Rs. 80 crores.
Karan Sareen, Director at SportyBeans said
We have signed our first International Franchise in Mauritius and shall soon be announcing a Country Franchise in Malaysia as well.He further stated that this would be the first step towards a strong global presence as the brand looks to be present in 10 international locations within the next year, with talks already in progress in the Asia Pacific Region.
SportyBeans is the first brand in its space to transform its business by leveraging mobile technology as a platform wherein it allow users to make bookings online for not only the regular sessions, but also for personal coaching, in-school sessions and birthday parties at centre’s nearest to them.
With applications developed for both the Android and iOS platforms, SportyBeans aims at giving Parents a seamless avenue not only to monitor the progress of their child, but to experience the growth and development of their child first hand through technology thereby helping to create an entire social community through the mobile technology platform.
SportyBeans brings to the table a program which has been carefully cultivated and nurtured over the last 5 years with a very high degree of passion and expertise. Yuvraj Singh’s coming on-board will lend a higher sense of credibility to the overall program which will propel it to the next level.
About YouWeCan Ventures
YouWeCan is a 50 CR seed fund that is created to empower young entrepreneurs on their journey to build brands and successful business ventures and improve the life standard of society. More information at their website.
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