Agilitas bags Rs 225 Cr from Nexus, Rainmatter to scale Lotto, One8 and Sportsyard retail
Bengaluru-based sportswear platform Agilitas raised Rs 225 Cr (Rs 200 Cr Nexus, Rs 25 Cr Rainmatter) to expand Mochiko manufacturing, push brands Lotto and the June-21 One8 launch with Virat Kohli, and add 10 Sportsyard multi-brand stores this fiscal as it takes on Nike, adidas and Campus.
Sportswear platform Agilitas raised Rs 225 crore from Nexus Venture Partners and Zerodha's Rainmatter to scale manufacturing, brands (Lotto, upcoming One8 with Virat Kohli) and Sportsyard multi-brand retail, planning 10 new stores this fiscal.
Why this matters
Reinforces Agilitas's push to build a multi-brand sportswear platform, following its earlier Rs 225 Cr raise signal tied to Lotto, One8 and Sportsyard retail rollout.
Retail-company activity steady with 1,791 signals in the last 90 days.