Latest news with #AgilitasSports


India.com
01-07-2025
- Business
- India.com
Kohli makes BIG move with Rs 400000000 investment, star player from Kavya Maran's SRH joins as...
Image credit: X (Formerly Twitter) In these collection of pictures, we find out about the major investment made by Virat Kohli and star cricketer from Sunrisers Hyderabad team. Image credit: X (Formerly Twitter) Virat Kohli announced his retirement from Test cricket in May this year. Former India captain is only available to play in ODI cricket now. Image credit: X (Formerly Twitter) Virat Kohli ended his contract worth Rs 300 crore with Puma earlier this year. Th endorsement deal was worth Rs 110 crore when it began in 2017. Image credit: X (Formerly Twitter) Virat Kohli has invested Rs 40 crore in Agilitas Sports, which is a sports goods manufacturing company as part of the first tranche of what is reportedly a larger funding round. Image credit: X (Formerly Twitter) Agilitas Sports, which is a Bengaluru-based firm, is currently valued at over Rs 2000 crore, according to media reports. Agilitas Sports has so far raised over Rs 600 crore to date, including strategic investment of Rs 15 crore from Spring Marketing Capital in September last year. Image credit: Source: Instagram SRH batter Abhishek Sharma has invested Rs 3 crore in Agilitas Sports, according to media reports along with SMLINE Ventures. Image credit: Source: Instagram Abhishek Sharma was retained for Rs 14 crore by Kavya Maran's SRH ahead of IPL 2025 mega auction last year. Image credit: Source: Instagram Former India cricketer and teammate of Virat Kohli, Yuvraj Singh, also holds a 0.51 per cent stake in Agilitas Sports. Kohli's stake is 1.94 per cent. Founded in 2023 by ex-Puma India head Ganguly, Agilitas Sports follows an integrated model, combining manufacturing, brand licensing, and retail.


Entrepreneur
01-07-2025
- Business
- Entrepreneur
Virat Kohli Invests INR 40 Cr in Agilitas Sports to Fuel Sporting Goods Expansion
The company recently strengthened its manufacturing base by acquiring Mochiko Shoes, a key supplier for brands like Adidas, Puma, New Balance, and Skechers. You're reading Entrepreneur India, an international franchise of Entrepreneur Media. Indian cricket icon Virat Kohli has acquired a 1.94% stake in Bengaluru-based Agilitas Sports, investing INR 40 crore (~USD 4.7 million) in a strategic move that strengthens his expanding business portfolio. The funds were raised through the allotment of 3,61,611 Class 2 Compulsorily Convertible Preference Shares at INR 1,106 each, as per regulatory filings with the Registrar of Companies (RoC). The investment is part of a larger funding round for Agilitas Sports, which also includes INR 3 crore from cricketer Abhishek Sharma and SMLINE Ventures. The fresh infusion values the company at approximately INR 2,058 crore (~USD 242 million) post-money and takes its total fundraising to over INR 600 crore. Founded in 2023 by Abhishek Ganguly, the former Managing Director of Puma India, Agilitas Sports is building a full-stack ecosystem in the sporting goods sector—covering manufacturing, licensing, and retail. Kohli's association marks a pivotal shift, especially after his high-profile exit from an INR 110 crore Puma India endorsement earlier this year to align with Agilitas. Agilitas' offerings span in-house brands like One8—Kohli's lifestyle label—and licensing rights for global sportswear brand Lotto in India and Australia. The company recently strengthened its manufacturing base by acquiring Mochiko Shoes, a key supplier for brands like Adidas, Puma, New Balance, and Skechers. Post-investment, Mauritius-based Infinity Direct Holdings remains the largest stakeholder at 37.73%, followed by Ganguly at 18.26%, Nexus Venture Partners at 9.16%, and Kohli and Yuvraj Singh at 1.94% and 0.51%, respectively. With Kohli's brand value, strategic input, and investment, Agilitas aims to boost its "Make in India" manufacturing ethos and aggressively scale operations both domestically and internationally, positioning itself as a formidable player in the global sporting goods arena.


Fashion Network
11-06-2025
- Business
- Fashion Network
Agilitas names Saurav Ghosal as director
Agilitas Sports has appointed Indian squash player Saurav Ghosal as its new director for high performance sports. In this strategic leadership role, Ghosal will guide the brand's product innovation, marketing, and distribution strategy across its high-performance category. 'At Agilitas, we are building more than a sports company- we're building an ecosystem that empowers athletes, nurtures innovation, and celebrates high performance,' said Abhishek Ganguly, co-founder and CEO of Agilitas, in a press release. 'Saurav brings a rare blend of elite athlete experience and deep insight into the science of performance.' Ghosal will collaborate with the core leadership team on product development, research and development, and market execution, while shaping grassroots and athlete engagement. Ghosal's appointment comes as Agilitas scales its investment in performance innovation and prepares for upcoming brand launches. 'Agilitas is redefining what an Indian sportswear brand can be,' said Ghosal. 'I'm excited to channel my experience into building a future where Indian athletes are empowered with world-class gear.' Born in Kolkata, Ghosal trained at the ICL Squash Academy in Chennai before refining his skills in the UK. A recipient of the Arjuna Award in 2006, he achieved a career-high world ranking of number 10 in April 2019. Ghosal remains the only Indian to win an individual medal in squash at the Commonwealth Games and has nine Asian Games medals, second only to PT Usha.


India.com
13-05-2025
- Business
- India.com
MS Dhoni to Virat Kohli: Richest cricketers in India
Net Worth: ₹2,080 crore (~$250 million) Virat Kohli is India's richest cricketer as of May 2025, thanks to a blend of match earnings, lucrative brand deals, and business ventures. He co-founded Agilitas Sports in 2023, invested in Blue Tribe Foods (a plant-based meat brand), and backed Rage Coffee, a popular D2C brand. Kohli is also the face of brands like MRF, Audi, Puma (One8), and HSBC, solidifying his dominance in both sports and marketing. Image credit: X (Formerly Twitter) Net Worth: ₹1,250 crore (~$170 million) Sachin has smartly diversified his post-cricket career into tech and mobility startups. He was an angel investor in Spinny, a used-car marketplace, and participated in Rayzon Solar's ₹150 crore Series A round in April 2025. Other investments include JetSynthesys (behind the Sachin Saga game) and Smaaash Entertainment, where he was an early backer. Image credit: X (Formerly Twitter) Net Worth: ₹1,100 crore (~$132 million) MS Dhoni continues to grow his business empire quietly but steadily. He holds a 1.1% stake in Garuda Aerospace, a drone startup, and has invested in BluSmart Mobility, an EV aggregator. Dhoni also backs Shaka Harry, a plant-based food startup. He owns Dhoni Entertainment, multiple gyms, and sports franchises, reflecting his multi-sector entrepreneurial interests. Net Worth: ₹700 crore (~$84 million) Sourav Ganguly has worn multiple hats: BCCI President, IPL ambassador, and investor. He has backed ed-tech platform Classplus, Flickstree (a content discovery tool), and JustMyRoots, a food-tech brand. Ganguly remains a high-value endorser across FMCG, tech, and financial sectors. Image credit: X (Formerly Twitter) Net Worth: ₹400 crore (~$48 million) Yuvraj's YouWeCan Ventures is focused on health, food, and tech startups. He's invested in Healthians, EasyDiner, Combat Robotics, and more. Beyond business, he remains active in philanthropy, particularly in cancer awareness and treatment through the YouWeCan Foundation. Image credit: X (Formerly Twitter) Net Worth: ₹350 crore (~$42 million) Virender Sehwag maintains a strong media and education presence. Apart from commentary and coaching, he runs the Sehwag International School and engages in digital brand collaborations. His unique voice and wit have made him a favorite in the broadcast and content space. Net Worth: ₹320 crore (~$38.5 million) Rahul Dravid, known for his calm persona, has built a robust financial portfolio. He reportedly holds pre-IPO shares in Swiggy, along with investments in bonds, mutual funds, and real estate. Currently serving as Head Coach of Team India, Dravid also receives additional incentives from the Indian government.