Particle.news
Download on the App Store

Virat Kohli Sells One8 to Agilitas, Invests INR 40 Crore for Minority Stake

The exclusive tie-up aligns Kohli with an Indian brand platform built on Agilitas’ manufacturing strength.

Overview

  • Agilitas confirmed that Kohli’s investment accompanies the transfer of his One8 brand into the startup’s portfolio.
  • Kohli will hold a mid-single-digit minority stake once the full transaction completes, with one report citing an estimated 1.94% via CCPS.
  • The partnership is exclusive, preventing Kohli from endorsing other sports brands during the term.
  • The move follows the end of Kohli’s long Puma association and a reported INR 300 crore renewal he chose not to pursue.
  • Agilitas, founded in 2023 by ex-Puma India chief Abhishek Ganguly, owns footwear manufacturer Mochiko and plans to develop and expand One8, including reported physical retail possibilities.