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Agilitas Sports raises ₹100 cr from Nexus Venture Partners

Mint Mumbai

|

December 14, 2023

Agilitas Sports, founded by Abhishek Ganguly, the former managing director of Puma India and South-East Asia, has raised ₹100 crore from Nexus Venture Partners. This funding is aimed at developing a range of consumer brands in the sports footwear and apparel sectors.

- Suneera Tandon

Agilitas Sports raises ₹100 cr from Nexus Venture Partners

Agilitas had secured ₹400 crore in May from funds managed by Convergent Finance LLP under Harsha Raghavan, and an additional ₹30 crore from individual investors. 

The company, specializing in sportswear and athleisure, operates across various domains including manufacturing, product development, and retail. Earlier in the year, Agilitas Sports took over Mochiko Shoes Pvt. Ltd, a sports footwear manufacturer for brands like Adidas, New Balance, and Reebok.

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