Launched in 1997 by HK Aggarwal, Campus is a much-coveted brand owned by the diversified Action Group, which owns around 30 sub-brands across sectors such as chemicals, steel & real estate. Campus Activewear offers a wide range of products including shoes for running, training and other lifestyle activities, the average price of products are starting from MRP 799/- to 3000/- & above.
Campus Activewear Pvt. Ltd has raised its funding from TPG Growth, which is the growth equity and mid-market buyout fund of the private equity firm TPG Capital Inc. and QRG Enterprises Ltd, which is a holding company from the promoter of Havells India.
“Leveraging the resources, on-the-ground knowledge, and business building experience of our new partners at TPG Growth and QRG, we have become even better equipped to provide Indian consumers with footwear that carries them through their day to day activities” said Nikhil Aggarwal, CEO, Campus.
As part of the transaction, TPG's India head Mr. Puneet Bhatia and Havells Group's Mr. Anil Rai Gupta have joined the company’s board as well.
“Driven by an increased attention to health and wellness and growing preferences for casual, multi-use shoes, India’s sports and footwear market is growing quickly,” Bhatia said on backing Campus.