{"id":10646,"date":"2021-12-22T17:03:34","date_gmt":"2021-12-22T11:33:34","guid":{"rendered":"https:\/\/tradebrains.in\/features\/biz-ninety-one-funding\/"},"modified":"2021-12-22T17:11:56","modified_gmt":"2021-12-22T11:41:56","slug":"biz-ninety-one-funding","status":"publish","type":"post","link":"https:\/\/tradebrains.in\/features\/biz-ninety-one-funding\/","title":{"rendered":"Ninety One gets Rs 225 cr from A91 Partners, others"},"content":{"rendered":"<div class=\"trade-content_2\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-2888538671\"><p><a href=\"https:\/\/tradebrains.in\/get\/telegram\/\"><img decoding=\"async\" class=\"alignnone wp-image-101992\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2023\/01\/telegram-channel-300x119.png\" alt=\"\" width=\"148\" height=\"59\" \/><\/a> <a href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMN3Epgswxc--Aw?hl=en-IN&amp;gl=IN&amp;ceid=IN%3Aen\"><img decoding=\"async\" class=\"alignnone wp-image-123430\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png\" alt=\"follow-on-google-news\" width=\"222\" height=\"61\" srcset=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png 300w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-150x41.png 150w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news.png 468w\" sizes=\"(max-width: 222px) 100vw, 222px\" \/><\/a><\/p>\n<\/div><p>Mumbai, Dec 22 (PTI) Active lifestyle and sustainable mobility startup Ninety One has raised USD 30 million (about Rs 225 crore) from A91 Partners, Avaana Capital, Titan Capital and others.<\/p><div class=\"trade-content_7\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-1969213035\"><!-- Composite Start --> \r\n <div id=\"M923760ScriptRootC1549812\"> \r\n <\/div> \r\n <script src=\"https:\/\/jsc.mgid.com\/t\/r\/tradebrains.in.1549812.js\" async> \r\n <\/script> \r\n <!-- Composite End --><\/div>\n<p>Of the total fund infused, A91 Partners pumped in Rs 160 crore and the rest has been contributed by Fireside Ventures, Avaana Capital and Titan Capital, the city-based startup said in a statement on Wednesday.<\/p>\n<p>Following the latest series A funding round, Ninety One is now valued at Rs 1,000 crore, the startup claimed and added that the new capital will be used for strategic investment into manufacturing, brand building and exports.<\/p>\n<p>Ninety One claims to sell over 20,000 bicycles per month, and is present across 1,000 retail points in 500 cities.<\/p><div class=\"trade-content_5\" id=\"trade-2234300383\"><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-4023722985638610\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- in_content_2_news -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-4023722985638610\"\r\n     data-ad-slot=\"7925020301\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><\/div>\n<p>The startup said it will invest the money to set up a bicycle manufacturing unit in Gujarat, scale up the electric cycle portfolio and go overseas.<\/p>\n<p>Post the funding round, A91 Partners&#8217; VT Bharadwaj, Fireside Venture&#8217;s Vinay Singh and Avaana Capital&#8217;s Sandeep Singhal have joined the board, Sachin Chopra, Co-founder and Chief Executive and Vishal Chopra, Co-founder and Head of Digital of Ninety One, said.<\/p>\n<p>Founded in 2015, Ninety One has launched a range of innovative yet affordable products that resonate with the youth. PTI BEN\u00a0  RUJ RUJ<\/p>\n<div class=\"trade-after-content\" id=\"trade-2404786827\"><div id=\"taboola-below-article-thumbnails\"><\/div>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({\r\n    mode: 'alternating-thumbnails-a',\r\n    container: 'taboola-below-article-thumbnails',\r\n    placement: 'Below Article Thumbnails',\r\n    target_type: 'mix'\r\n  });\r\n<\/script>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({flush: true});\r\n<\/script><\/div>","protected":false},"excerpt":{"rendered":"<p>Mumbai, Dec 22 (PTI) Active lifestyle and sustainable mobility startup Ninety One has raised USD 30 million (about Rs 225 crore) from A91 Partners, Avaana Capital, Titan Capital and others. Of the total fund infused, A91 Partners pumped in Rs 160 crore and the rest has been contributed by Fireside Ventures, Avaana Capital and Titan [&hellip;]<\/p>\n","protected":false},"author":13,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[1696,31],"tags":[],"class_list":["post-10646","post","type-post","status-publish","format-standard","hentry","category-corporate-action","category-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v20.5 (Yoast SEO v25.0) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Ninety One gets Rs 225 cr from A91 Partners, others - Trade Brains Features<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/tradebrains.in\/features\/biz-ninety-one-funding\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Ninety One gets Rs 225 cr from A91 Partners, others\" \/>\n<meta property=\"og:description\" content=\"Mumbai, Dec 22 (PTI) Active lifestyle and sustainable mobility startup Ninety One has raised USD 30 million (about Rs 225 crore) from A91 Partners, Avaana Capital, Titan Capital and others. 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