Former Puma India managing director Abhishek Ganguly has announced the opening of a new company called Agilitas Sports.
Along with co-founders Atul Bajaj and Amit Prabhu, the venture aims to provide sportswear and athleisure solutions to customers. Agilitas Sports has also raised funds of ₹430 crore, as per reported by BW Disrupt.
Abhishek Ganguly, Founder of Agilitas Sports, said, “Agilitas Sports aims to disrupt and redefine the sportswear industry by seamlessly integrating innovation and technology across the product value chain from the factory floor to the retail shelf. With a hyper-focus on customer experience and customer-centricity, we endeavor to build meaningful communities in the Indian sports and sportswear space and be a catalyst towards a fit and athletic India.”
Convergent Finance LLP, an investment management and advisory partnership led by Harsha Raghavan, invested ₹400 crores in the new venture Agilitas Sports. In addition to this, the venture also raised an extra ₹30 crore from individual investors.
According to a statement, the founding team of Agilitas Sports includes Abhishek Ganguly, who was the former Managing Director of Puma India and South East Asia, Atul Bajaj, who was the former Executive Director for Sales and Operations of Puma India, and Amit Prabhu, who was the former Chief Financial Officer of Puma India.
About Agilitas Sports
Agilitas Sports is a platform that provides solutions for athletic apparel and athleisure.
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