SPORTSWEAR COMPANY Agilitas Sports has raised ₹225 crore in fresh funding from Nexus Venture Partners (₹200 crore) and Rainmatter (₹25 crore), with actor and entrepreneur Anushka Sharma also participating. The capital will be deployed towards product R&D, manufacturing, retail expansion, technology, and brand building.
Founded by former Puma India MD Abhishek Ganguly, Agilitas operates as a full-stack sportswear company with a portfolio that includes Italian brand Lotto, the Virat Kohli-backed One8 brand, and footwear manufacturer Mochiko Shoes, acquired in 2023. Kohli is actively involved in product design, development, and testing beyond brand endorsement.
The company is also scaling Sportsyard, its large-format multi-brand retail concept stocking Nike, Adidas, New Balance, Asics, Puma, and Skechers. The first Sportsyard outlet in Bengaluru turned profitable within two months, with 10 more stores planned for the current financial year. E-commerce is expected to contribute 25-30% of overall business.
The latest capital infusion marks another significant milestone for the company, which has rapidly emerged as one of the most closely watched players in India’s growing sportswear sector.
The funding round is expected to support three key priorities: expansion of the company’s retail network; scaling domestic manufacturing operations; investment in brand development and product innovation. A significant portion of the new funding is expected to be directed toward expanding the company’s physical retail presence.
The fresh capital follows a series of earlier fundraising rounds that have attracted prominent institutional investors to the company. Unlike many sportswear startups that focus primarily on branding and distribution, Agilitas has pursued a vertically integrated model.
The company has invested across footwear manufacturing, product design and development, distribution networks, retail operations, and brand partnerships. This approach is intended to provide greater control over product quality, supply chains, and margins while reducing dependence on external manufacturing partners.
