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Virat Kohli relaunches One8 via Agilitas with Rs 40 crore bet against celebrity-brand jinx

Our read

Prioritize the manufacturing-scale and AI fast-prototyping playbook Agilitas is betting on—speed-to-shelf and Lotto licensing are the operational levers that could break the celebrity-brand jinx.

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Agilitas' own funding health and willingness to keep backing One8

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The report,

Virat Kohli relaunches lifestyle brand One8 via Agilitas Sports, backed with ~Rs 40 crore, betting on manufacturing heft, Lotto licensing and AI-driven fast prototyping to beat India's celebrity-brand failure trend amid Wrogn's declining revenue.

Reported figures

From the report. Source details below

revenue Rs 223 crore down 9%
net loss Rs 75.5 crore up 32%

Also in the report

  • Wrogn income Rs 232.34 crore FY25

Other figures

  • down 12.5%
  • Puma deal Rs 110 crore
  • exit value Rs 300 crore

Why it matters for the brand

Agilitas' vertically-integrated model plus Lotto licensing makes it a platform to watch for further celebrity-brand roll-ups and consolidation in a struggling category.

What to track next

  • One8 quarterly GMV and gross-margin disclosures within 12-18 months
  • Wrogn FY26 numbers — further income slide validates jinx thesis
  • Lotto license renewal terms and category expansion
  • Kohli's on-field/public visibility as brand-demand driver

Likely next moves

Our read of what comes next — analysis, not reported by the source.

  • Agilitas leans on Lotto's global catalog to fast-track SKU breadth without in-house design risk
  • Push omnichannel via marketplaces plus a controlled D2C site to protect margins vs offline discounting
  • Position One8 as performance/athleisure to escape Wrogn's crowded casual-fashion lane
  • Watch for follow-on capital raise or partnership if Rs 40 crore burns faster than GMV grows

The counter-case

The case against this reading — not reported by the source.

Rs 40 crore is a modest bet for a full apparel relaunch, and it's chasing a category where the cited comp (Wrogn) is actively deteriorating—income down 12.5% and net loss up 32%. Celebrity-brand fatigue is real: Kohli's One8 already failed once, so this is a relaunch, not a launch, meaning brand equity may be partly spent. Agilitas is an unproven turnaround vehicle, Lotto licensing is a rented brand rather than owned equity, and 'AI-driven prototyping' is marketing gloss that doesn't fix the core problem of consumer demand in a crowded, discount-driven apparel market.

The source

Source Read the source at ET Small Business

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