Cycle maker Ninety One raises Rs 225 crore from A91 Partners and existing investors

AlphaVector, under the brand Ninety One raised $30 million in a round led by A91 Partners, with Avaana Capital and Fireside Ventures. Ninety One is India’s fastest growing active lifestyle and sustainable mobility brands, crossing $3 million in monthly revenue.

Ninety One will use the new funding to invest in its manufacturing facilities, build its electric cycles portfolio and expand into global markets.

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