Virat Kohli makes BIG move after Test retirement, star India batter will be...
In these collection of pictures, we find out all about the major decision taken by star India batter Virat Kohli after announcing his Test retirement last month.
Star India batter Virat Kohli announced his Test retirement last month. Kohli scored 9230 runs in 123 Tests with 30 centuries.
Team India's star batter Virat Kohli has made a big investment in a company. He has invested Rs 40 crore in a sports equipment manufacturing company. He will invest more in this company. Apart from this, Kohli will also be its brand ambassador. This investment by Virat will not only increase the brand value of the company, but will also take the sales and market valuation forward. Although no official response has come from Virat Kohli and Agilitas company in this matter yet, but it is certain that Virat Kohli has started another new innings.
Virat Kohli has made a huge investment of Rs 40 crore in Agilitas. This is a sports goods manufacturing company. This company was started two years ago by former Puma India head Abhishek Ganguly. Abhishek has a very old relationship with Virat Kohli. As the India head of Puma India, Ganguly played an important role in bringing Kohli as the brand ambassador of the company.
In 2017, Virat Kohli signed a contract of Rs 110 crore with Puma, this contract was till 2025. This year Puma again tried to contract Virat Kohli for Rs 300 crore, but Virat refused and joined Agilitas. Apart from Virat, former cricketer Yuvraj Singh has also invested in this company. The company has raised about Rs 600 crore from several investors in less than two years.
According to reports, in his new role, Virat Kohli will not only be a brand ambassador but will also play the role of owner in the Bengaluru-based firm. Virat Kohli has been given around 3.6 lakh Class 2 Compulsorily Convertible Preference Shares (CCPS) in Agilitas. These will later be converted into equity shares. According to reports, this investment is only part of the first phase. This legendary batsman of Team India will invest money in the company in future as well.
Agilitas plans to build a sports chain across the country. It will include everything from manufacturing to retail. In the year 2023, Agilitas acquired Mochico Shoes. This company manufactures shoes for brands like Adidas, Puma, New Balance, Skechers, Reebok, Asics, Crocs, Decathlon, Clarks and US Polo.
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