 "Virat Kohli's Rs 110 crore Puma deal ends after 8 years: What's next for star batter?")
synopsis
Agilitas has already raised over Rs 530 crore from investors like Convergent Finance and Nexus Venture Partners, positioning itself as a formidable player in the sportswear market.
In a major move, Indian cricket icon Virat Kohli has concluded his eight-year, Rs 110 crore endorsement deal with sportswear giant Puma. It is reportedly said that Kohli is now set to partner with Agilitas, a homegrown sportswear startup founded in 2023 by former Puma India Managing Director Abhishek Ganguly.
Agilitas, which recently acquired long-term licensing rights for Italian brand Lotto in India, Australia, and South Africa, will also take over Kohli's lifestyle brand, One8. The collaboration aims to scale One8 into a global sportswear brand, leveraging Kohli's popularity and Agilitas's market presence.
PUMA also wished Virat the best for his future endeavors and said it was a wonderful association with him spanning over several years, many outstanding campaigns, and path-breaking product collaborations.
Kohli's decision comes along with his ambition to build a global sportswear identity rooted in India. Agilitas has already raised over Rs 530 crore from investors like Convergent Finance and Nexus Venture Partners, positioning itself as a formidable player in the sportswear market.
The official announcement of this partnership is expected during the ongoing Indian Premier League (IPL) season, marking a new chapter in Kohli's off-field ventures.
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