Funding · Commerce & Consumer Brands
Agilitas gets minority stake from Rainmatter
By Startup Enthusiast ·
- Date
- Company
- Agilitas
- What it does
- Indian sportswear startup
- Kind
- Funding
- Amount
- few crores INR
- Stage
- seed
- Founded
- 2023
What they do
Agilitas, a sportswear startup founded by former Puma India executives, received a minority investment from Rainmatter
What happened
The investment is worth a few crores INR, and actress Anushka Sharma also invested days before the deal
Why it matters
The company is vertically integrated, covering manufacturing, brand development, and direct-to-consumer retail
The details
- Agilitas secured an investment of few crores INR from Rainmatter.
- Nithin Kamath took a minority stake through his vehicle Rainmatter.
- Anushka Sharma joined as an investor days before the Rainmatter deal.
- The startup was founded in 2023 by three former Puma India executives.
- Other celebrity investors include Virat Kohli, Abhishek Sharma, Yuvraj Singh, and Hardy Sandhu.
- Agilitas operates as a vertically integrated brand covering manufacturing and direct-to-consumer retail.
- The business focuses on strengthening its One8 super brand and yoga product line.
The bigger picture
- Rainmatter is Nithin Kamath's investment vehicle.
- Anushka Sharma's investment adds a celebrity angle to the sportswear startup.
- The founders bring experience from Puma India.
About the business
- Agilitas manufactures its own sports footwear and apparel products.
- The company follows a vertically integrated model for full control over production.
- It sells products directly to consumers through its DTC retail channels.
- The brand strategy centers on building the One8 super brand identity.
- A key product focus includes specialized yoga wear and apparel lines.
The deal
- Type
- funding
Investors
- Rainmatter (lead) — Investment vehicle of Nithin Kamath.
- Anushka Sharma (participated) — Actress and investor.
Founders
- Abhishek Ganguly, co-founder
- Atul Bajaj, co-founder
- Amit Prabhu, co-founder
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