Abhishek Ganguly, former managing director, Puma India and Southeast Asia, has announced the launch of his entrepreneurial venture – Agilitas Sports.
Ganguly has joined hands with Amit Prabhu, outgoing CFO, Puma India, and Atul Bajaj, executive director - sales and operations, Puma India.
The trio have raised funds along with Convergent Finance. Agilitas Sports is positioned as an innovation-led sportswear and athleisure solutions platform.
Ganguly 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.”
Harsha Raghavan, managing partner, Convergent Finance, said, “Abhishek, Atul, and Amit are exceptional professionals and have an outstanding track record of building a sports and athleisure-focused business from scratch to become India’s largest. Their strong leadership capabilities are complemented by their skill in identifying consumer trends early. They are exactly the kind of passionate entrepreneurs whose ideas we love to back with our capital. With the amazing new opportunities in India’s sportswear market given our nation’s focus on fitness as well as ‘Made in India’, we believe that Agilitas represents the next step in the evolution of India’s consumer story. Convergent will work with Agilitas in the areas of operations, capital allocation, and long-term business strategy.”