Agilitas

Three Puma India bosses walked out together, raised more money than any Indian startup had taken on day one, and bought a factory before a brand.

Small and new·From India·Founded 2023·Members

At a glance

Founded: 2023, by three executives on their way out of Puma India.¹³
Founded by: Abhishek Ganguly, Atul Bajaj and Amit Prabhu, all leaving senior jobs at Puma India, where Ganguly had been managing director.³
Home: Bengaluru.⁶
Owned by: Private. Funds advised by Convergent Finance put in ₹400 crore at the start, Nexus Venture Partners has come back twice, and Virat Kohli has put in ₹40 crore.³⁸
What it sells: Sports footwear and apparel under licensed and co-owned brands, made in its own factories and sold through its own shops.¹²
Size: Revenue of nearly ₹1,400 crore in FY26, with ₹1,800 crore to ₹1,900 crore expected this year.⁸

How it got here

2023

1 of 3

The three left Puma India and set up Agilitas, taking ₹400 crore from funds advised by Convergent Finance and ₹30 crore from individuals, which Entrackr called one of the largest debut rounds an Indian startup had raised.³

Entrackr: Puma India executives' startup Agilitas Sports raises $52 Mn ↗

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Sources for what is above

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