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Ninety One offers a range of well designed and engineered bicycles for men, women and kids.
Basic Information
Founded in 2015 by brothers Sachin and Vishal Chopra, Ninety One is one of India’s fastest growing active lifestyle and sustainable mobility brands, with a retail network of over 1,000 stores across 500 cities and towns. In 2020, the company launched its Made-in-India e-bike Meraki at a retail price point of $400, or about Rs 30,000. Currently, the company has one manufacturing facility in Ahmedabad, producing 10,000 bikes a month, and works with two outsourced factories in Ludhiana and Sri Lanka. The brand aims to ramp up e-bike production in the near future.
Headquarters
:
Ahmedabad, Gujarat, India
Founding Date
:
2015
No. of Employees
:
101 to 150
Core Team
:
1.  
Vishal Chopra
Co-Founder
2.  
Sachin Chopra
Co-Founder
Funding
Investors
:
1.  
Alteria Capital
2.  
Titan Capital
3.  
AVANA Capital
4.  
A91 Partners

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Detail Round Breakdown
Round 1

$30M

Series Name
:
SERIES-A
Date
:
22nd Dec 2021
Investors
:
1.  
A91 Partners
2.  
Avaana Capital
3.  
Kunal Bahl
4.  
Titan Capital

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