Kohli-backed WROGN gets ₹125cr investment from Aditya Birla's TMRW

Aditya Birla Group's TMRW has acquired a 16% stake in Universal Sportsbiz, which runs clothing brand WROGN, for ₹125 crore. The brand has raised around $90 million from investors including Accel, Flipkart and Virat Kohli since its inception, Entrackr reported. The investment comes with an option for acquiring a majority stake later, as per an exchange filing.