Agilitas raises ₹225 crore to scale its sportswear brand, manufacturing and retail platform

The Indian sportswear startup, owner of Mochiko Shoes and One8 and Lotto Sport Italia’s 40-year India licensee, plans to expand its retail footprint and add a major US sportswear brand.

— Source published Wed, 19 Aug, 2026, 19:00 IST · First seen Wed, 19 Aug, 2026, 19:56 IST · Source Inc42 · Buzz

What happened

Indian sportswear startup Agilitas raised ₹225 crore to expand its manufacturing, brand and distribution ecosystem. It owns Mochiko Shoes and One8, holds Lotto

Key facts

  • ₹225 Cr fresh funding
  • three-year-old startup
  • exclusive 40-year licence for Lotto Sport Italia
  • ₹40 Cr investment by Virat Kohli
  • 17 cricket-shoe prototypes rejected
  • seventh edition of Inc42’s The D2C & Retail Summit 2026

Why this matters

Agilitas is positioning for additional licensing or acquisition opportunities, including a potential major US sportswear brand partnership.

What to watch

  • Named US-brand agreement, including exclusivity, India rights, royalty commitments and launch timing.
  • Store-opening targets, city rollout plan and mix of company-owned versus franchise locations.
  • Manufacturing-capacity additions, utilization levels and any new factory or vendor-network announcements.
  • Revenue growth and gross-margin disclosure showing whether retail expansion is translating into sell-through rather than inventory buildup.
  • Funding use breakdown, subsequent equity/debt raise, or strategic investor participation.
  • Competitive responses from Nike, Adidas, Puma, Skechers, Decathlon and Indian value-sportswear brands.
  • Announce the identity and commercial scope of a US sportswear brand partnership or license.
  • Open additional branded stores and expand presence through department stores, malls and franchise channels in major Indian cities.
  • Increase manufacturing capacity, supplier contracts and design/product-development hiring.
  • Use shared sourcing, warehousing and distribution across Mochiko, One8 and Lotto Sport Italia to reduce unit costs.
  • Pursue additional athlete, cricket, football or fitness-led marketing partnerships to accelerate consumer acquisition.

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