From Wicket To Wealth: As One8 Opens In Hyderabad, 10 Businesses Which Virat Kohli Has Invested In
Virat Kohli, the shining star of the Indian cricket team, excels not only as a phenomenal batsman on the pitch but also as a thriving entrepreneur off it. He has delved into the restaurant industry, proudly owning two renowned restaurant brands, namely 'One 8 Commune' and 'Nueva'.
Established in 2017, One 8 Commune has expanded its presence across various locations in Delhi, Mumbai, Pune, Kolkata, and Bengaluru. Offering a delightful array of cuisines, the restaurant prides itself on fostering a sense of togetherness and creating cherished memories for its patrons. Known for its comfortable and authentic ambiance, One 8 Commune has become a beloved destination for food enthusiasts seeking exceptional dining experiences.
Let's delve into the specifics of Virat Kohli's business portfolio, including the brands he personally owns and those in which he has invested.
One8 & Nueva
With a staggering 268 million followers, Virat Kohli ranks as the third most followed athlete on Instagram. Beyond his cricketing prowess, he's captured people's attention with the brands he owns. Virat Kohli's ownership extends to One8 and WROGN.
For the unversed, Virat started One8 as a sportswear brand and later built it into a chain of restaurants by the name of One8 Commune. Nueva is another restaurant chain that Kohli owns.?
In 2017, Kohli struck a partnership with PUMA to collaborate on his sportswear brand, One8, with sneakers being the inaugural product in this collection. Since then, this collaboration has expanded to include a wide range of products catering to men, women, and kids, offering more than just footwear.
WROGN
Virat Kohli has ensured that WROGN emerges as one of India's premier fashion brands, catering to all demographics. True to its name, WROGN is dedicated to defying traditional fashion norms, offering a unique and distinctive style to its customers. Managed by Universal Sportsbiz Pvt Ltd (USPL), WROGN recently secured sponsorship for one of the most popular and cherished IPL teams, the Royal Challengers Bangalore (RCB).
FC Goa - ISL Franchise
Virat Kohli holds a 12% stake in FC Goa, one of the prominent football clubs in the Indian Super League. Alongside notable industrialists, he co-owns the franchise, leveraging his involvement to bolster his business portfolio and capitalize on the club's returns.
Blue Tribe
Blue Tribe is a flourishing startup specializing in plant-based meat products, offering a nutritious and sustainable alternative to traditional animal meat. Virat Kohli and Anushka Sharma have both made investments in this startup, contributing to its growth and expansion efforts.
Rage Coffee
During March 2022, Rage Coffee, a coffee company based in New Delhi, secured an undisclosed investment from Virat Kohli. This funding is designated to aid the brand in expanding its production capabilities, introducing fresh and innovative products, and executing distinct marketing approaches.
Hyperice
Hyperice is a startup focused on delivering wellness products and services to consumers. Reports indicate that Kohli made an undisclosed investment in the company, contributing to its continued growth.
Chisel Fitness
Teaming up with Chisel Fitness and CSE in 2015, Virat ventured into the fitness industry, establishing gyms and fitness centers across the nation. It's said he invested Rs. 90 crores in the company, aiming to make a significant impact on India's fitness landscape.
Digit Insurance
In a strategic move, Virat, along with his wife Anushka Sharma, invested Rs. 2.2 crores in Digit Insurance. Kohli's vision for the company has played a pivotal role in Digit's establishment as a key player in the Indian insurance sector.
Universal Sportsbiz Pvt. Ltd
In 2020, the cricket star invested Rs.19.3 crore in Universal Sportsbiz Pvt. Ltd., mirroring the investment strategy of his cricket idol, Sachin Tendulkar. This fashion enterprise consistently expands its portfolio with sports-inspired fashion trends.
Galactus Funware Technology Pvt. Ltd.
In addition to fashion and fitness startups, Virat expressed interest in investing in the gaming industry by funding a Bengaluru-based startup, Galactus Funware Technology Pvt. Ltd., in early 2019. Kohli secured debentures worth Rs.33.42 lakhs in the venture.
Net Worth Of Virat Kohli
At 35 years of age, Virat Kohli, the cricket sensation and beloved sports figure worldwide, boasts an impressive net worth exceeding Rs. 1,050 crore.
As a member of the Indian cricket team, Virat Kohli holds the prestigious "A+" player category, entitling him to an annual salary of Rs.7 crore from the Board of Control for Cricket in India (BCCI). Additionally, he earns match fees of Rs.15 lakhs for each test match, Rs.6 lakhs for every One Day International (ODI) match, and Rs.3 lakhs for every Twenty20 (T20) game he plays.
Furthermore, the Royal Challengers Bangalore (RCB) has retained Virat Kohli with a hefty annual salary of Rs.15 crore.
Apart from his cricketing earnings, Virat Kohli¡¯s business portfolio helps him earn quite a lot each year. Kohli reportedly charges a whopping sum of Rs.7.50 crore to Rs.10 crore for brand endorsements.?
Virat Kohli also possesses significant residential properties. His property in Gurugram holds a value of Rs.80 crores, while his property in Mumbai is valued at Rs.34 crores. Additionally, he recently invested in two plots in Alibaug, amounting to a combined value of Rs.20 crores.
