Convergent Finance LLP Funds, led by Harsha Raghavan, an investment management and advisory partnership, have made a significant investment of $48 million in Agilitas Sports.
Agilitas Sports is a dynamic platform specializing in sportswear and athleisure solutions driven by innovation. This investment round raised a total of $52 million, with an additional $4 million secured from individual investors.
Convergent Finance will collaborate closely with Agilitas Sports in areas such as operations, capital allocation, and long-term business strategy, further strengthening their partnership.
Agilitas Sport was established by a team of accomplished individuals from PUMA India and Southeast Asia. The founders include Abhishek Ganguly, Atul Bajaj, and Amit Prabhu. Their collective expertise and experience in the industry have played a pivotal role in shaping Agilitas Sport’s foundation and strategic direction.
“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,” Abhishek Ganguly, Founder, Agilitas Sports, said.
India continues to see rapid innovation across sports. And as fitness grows so will wearables associated with them.
