Puma India head Abhishek Ganguly’s new startup raises $52 million funding

Abhishek Ganguly, outgoing India and Southeast Asia managing director of Puma, has raised Rs 430 crore, or around $52 million, for his new venture Agilitas Sports in its first round of funding.

Ganguly, who is leaving the German sports and apparel maker in August, told ET that Agilitas Sports will look to partner and invest across the sports ecosystem, from manufacturing to retail to technology. “These would be majority stake deals if not full acquisitions in the beginning,” he said.