๐Ÿš€ Medial Secures Investment on Shark Tank India - Fueling the Future of Professional Social Networking. ๐Ÿ”ฅ
Login

News on Medial

Related News

Virat Kohli to sell One8 to Abhishek Ganguly-led Agilitas Sports

EntrackrEntrackr ยท -5357s ago
Virat Kohli to sell One8 to Abhishek Ganguly-led Agilitas Sports
Medial

Virat Kohli to sell One8 to Abhishek Ganguly-led Agilitas Sports As part of the transaction, ownership of One8 will move to Agilitas. Separately, Kohli will invest Rs 40 crore in his personal capacity to acquire a minority stake in Agilitas Sports. Harsh Upadhyay 08 Dec 2025 Virat Kohli has agreed to sell his sports and lifestyle brand One8 to footwear and apparel company Agilitas Sports, while also investing Rs 40 crore in the company. As part of the transaction, Kohli will join Agilitas as an investor and co-founder of One8. Separately, Kohli will invest Rs 40 crore in his personal capacity to acquire a minority stake in Agilitas Sports. The exact stake size related to this investment was not disclosed. In June, Entrackr reported that Kohli acquired a 1.49% stake in the company for his investment. The same funding round also saw participation from Indian cricketer Abhishek Sharma, who invested in the firm at that time. Virat Kohli launched One8 as an internet-first lifestyle brand offering sportswear with Puma, apparel, accessories, innerwear, and fragrances, and later expanded it into the restaurant chain One8 Commune focused on communal dining. Agilitas Sports was founded in 2023 by Abhishek Ganguly, former managing director of Puma India and Southeast Asia. The company operates across sports footwear, apparel, and accessories and has been expanding through acquisitions. It previously acquired Mochiko Shoes to strengthen its manufacturing capabilities. Ganguly worked closely with Kohli after signing him with Puma in 2017 under a deal valued at around Rs 110 crore, during which the One8 lifestyle athleisure brand was launched. In April, Kohli exited his association with Puma after declining the brandโ€™s Rs 300 crore renewal offer for an additional eight years and opted to invest in Agilitas instead. On the funding front, Agilitas is in advanced talks to raise around Rs 450 crore from existing investor Nexus Venture Partners. Agilitas Sports has so far raised over Rs 600 crore to date from investors including Spring Marketing Capital, SMLINE Ventures, and Infinity Direct Holding.

Android laptop brand Primebook raises $2 Mn in pre-Series A

EntrackrEntrackr ยท 7m ago
Android laptop brand Primebook raises $2 Mn in pre-Series A
Medial

Android laptop brand Primebook raises $2 Mn in pre-Series A In December 2022, the company had raised $1 million in its seed round co-led by Kundan Group, Brindavan Group, and Infotel Business Solution. The brand has also appeared on Shark Tank India Season 2, where they secured Rs 75 lacs from Aman Gupta and Peyush Bansal. The fresh funds will be used for R&D and product innovation, brand development & awareness, and business growth, Primebook said in a press release. Co-founded in 2018 by Aman Verma and Chitranshu Mahant, Primebook aims to democratize computing for students and digital-first learners. The brand combines hardware innovation with software intelligence to deliver smart, affordable, and student-centric laptops powered by its proprietary Android-based operating system, PrimeOS. The Delhi-based company says that its PrimeOS has been specifically created for learners and students for blended online education programs, making it simpler for students to use and comprehend. The laptop features Android app compatibility, enables simultaneous switching between apps, and is highly simple and effective to use for someone familiar with Android. According to Primebook, it primarily focuses on students, particularly in tier II, III, and IV cities, who may not have access to traditional laptops. Over two years, the brand claims that it has carved out a 5% market share in the under Rs 20,000 laptop segment, showing a YoY growth of 2x.

Download the medial app to read full posts, comements and news.