Connexa Sports Announces the Appointment of Rohit Krishnan to its Board of Directors
Connexa Sports Technologies Inc. (Nasdaq: CNXA) has appointed Rohit Krishnan to its Board of Directors. Krishnan, a Venture Capitalist at Unbound, brings extensive experience in tech and financial services across various global markets. CEO Mike Ballardie expressed confidence that Krishnan's expertise will enhance Connexa Sports' connected technology strategy. With his background in both investing and entrepreneurship, Krishnan aims to integrate technologies and develop innovative products to capitalize on market opportunities.
- Rohit Krishnan's appointment expected to enhance strategic execution.
- Krishnan's experience in high-growth technology firms may drive innovation.
- Concerns about continuity in leadership dynamics.
- Potential experience gaps due to management transition.
Mr. Krishnan, a Venture Capitalist at London-based Unbound, is experienced as an investor and entrepreneur across tech, software and financial services
BALTIMORE, July 19, 2022 (GLOBE NEWSWIRE) -- Connexa Sports Technologies Inc. (Nasdaq: CNXA) (www.connexasports.com) is pleased to announce the appointment of Rohit Krishnan to its Board of Directors. Mr. Krishnan, currently a Venture Capitalist at Unbound (www.un-bound.com), is an accomplished entrepreneur and investor across tech, software and financial services throughout the UK, Europe, US and Asia. Before Unbound, Mr. Krishnan invested in enterprise startups at Eight Road Ventures and held various leadership roles at McKinsey. He holds an MBA from London Business School and a Master’s in Applied Economics from Singapore Management University.
“We are thrilled to welcome Rohit to our Board and feel that his unique experience as both an operator and investor across various technology industries will serve us well as we execute on our connected sports technology strategy,” said Connexa Sports CEO Mike Ballardie. “Rohit has served on the PlaySight Board for several years and is very familiar with the company’s technology and the sports technology landscape. With his broad global experience in high-growth technology companies, he will be a significant addition to Connexa Sports.”
“I look forward to working with Mike and the Connexa Sports team as we integrate existing technologies and platforms under one umbrella and build a leading connected sports company,” said Rohit Krishnan. “I have come to know the sports technology industry well and believe that we are just scratching the surface of our technology’s potential, especially combined with new AI capabilities and consumer products to create scalable, market-leading products and sports experiences.”
Rohit Krishnan biography:
Mr. Krishnan began his career as an engineer and entrepreneur in Singapore. Later he joined McKinsey & Company, where he led McKinsey’s Growth Tech Practice, serving leading growth stage tech companies and investors across Europe.
Mr. Krishnan went on to join Eight Roads, a venture capital firm, where he led multiple deals across software companies in Europe and Israel. Later joined Unbound, where amongst other deals he helped lead its PlaySight investment. Unbound are leading global investors in other high-growth technology companies such as Databricks, Deep Instinct, Asana, Vaha, Alpaca and Forto.
He graduated from Nanyang Technological University Singapore with a B.Eng, Engineering, and holds a Masters in Applied Economics from Singapore Management University and a Master of Business Administration from London Business School.
-XX-
About Connexa Sports Technologies:
Connexa Sports a leading connected sports company delivering products, technologies, and services across the ‘Watch, Play, Learn’ commercial and subscription-as-a-service activities in sports. Digital disruption is restructuring how sports are enjoyed, consumed, and monetized, and Connexa Sports is well positioned to capitalize on this with its portfolio of brands: Slinger, PlaySight Interactive, Gameface.AI and Foundation Tennis.
With over one million users across its platform, Connexa’s mission is to reimagine sports.
Contact Information:
(443) 407-7564
Forward-Looking Statements
This press release contains forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995 that are based on management’s beliefs and assumptions and on information currently available to management. These statements involve risks, uncertainties and other factors that may cause actual results, levels of activity, performance or achievements to be materially different from the information expressed or implied by forward-looking statements. Forward-looking statements in this press release may include statements about our plans to obtain funding for our current and proposed operations and potential acquisition and expansion efforts; the ultimate impact of the COVID-19 pandemic, or any other health epidemic, on our business, our clientele or the global economy as a whole; debt obligations of the Company; our general history of operating losses; our ability to compete with companies producing products and services; the scope of protection we are able to establish and maintain for intellectual property rights covering our products and technology; the accuracy of our estimates regarding expenses, future revenue, capital requirements and needs for additional financing; our ability to develop and maintain our corporate infrastructure, including our internal controls; our ability to develop innovative new products; and our financial performance. In addition, statements that “we believe” and similar statements reflect our beliefs and opinions on the relevant subject. These statements are based upon information available to us as of the date of this press release, and while we believe such information forms a reasonable basis for such statements, such information may be limited or incomplete, and our statements should not be read to indicate that we have conducted an exhaustive inquiry into, or review of, all potentially available relevant information. These statements are inherently uncertain and investors are cautioned not to unduly rely upon these statements. We qualify all of our forward-looking statements by these cautionary statements. Forward-looking statements speak only as of the date they are made, and we do not undertake to update these statements other than as required by law. You are advised, however, to review any further disclosures we make on related subjects in our periodic filings with the Securities and Exchange Commission.
FAQ
Who is Rohit Krishnan in relation to Connexa Sports Technologies?
What experience does Rohit Krishnan bring to Connexa Sports Technologies?
What are the expectations for Krishnan's role at Connexa Sports?
What impact could Krishnan's appointment have on CNXA stock?
