Agilitas Sports bags Rs 225 Cr from Nexus, Rainmatter to scale Sportsyard, in-house brands
Ex-Puma India MD Abhishek Ganguly's Agilitas raised Rs 225 Cr (Rs 200 Cr equity + Rs 25 Cr debt) from Nexus Venture Partners and Rainmatter. Funds will back R&D, manufacturing via Mochiko Shoes, and 10 more Sportsyard multi-brand stores this fiscal, plus owned labels like One8.
What happened
Agilitas Sports, founded by ex-Puma India MD Abhishek Ganguly, raised Rs 225 Cr from Nexus and Rainmatter to fund R&D, manufacturing, and retail expansion,
Key facts
- Rs 225 crore
- Rs 200 crore
- Rs 25 crore
- Rs 100 crore
- Rs 40 crore
- 10 stores
- 25-30% ecommerce revenue
Why this matters
With 10 new Sportsyard stores and expanded in-house brand bets this fiscal, Agilitas is staking out shelf space and category control that could pressure rivals to accelerate their own retail or M&A moves.