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. See more

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.

AVANA Capital

3.

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

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