Ninety One
Ninety One offers a range of well designed and engineered bicycles for men, women and kids.
. Manufacturing, . Consumer Goods

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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