About Avon Cycles
Avon Cycles is a company based in Ludhiana (India) founded in 1951.. The company has 1,467 employees as of April 04, 2024. Avon Cycles offers products and services including Mountain Bikes and Electric Cycles.
- Headquarter Ludhiana, India
- Employees 1467 as on 04 Apr, 2024
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Sectors
Industrial Goods & ManufacturingConsumer
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Email
***********
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Phone
*********
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Social
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- Legal Name Avon Cycles Ltd
- Jurisdiction Punjab, Punjab, India
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Annual Revenue
$107.28 M (USD)2.67as on Mar 31, 2023
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Net Profit
$7.02 M (USD)-0.55as on Mar 31, 2023
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EBITDA
$6.93 M (USD)-21.8as on Mar 31, 2023
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Latest Funding Round
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Investors
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Employee Count
1467
as on Apr 04, 2024
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Products & Services of Avon Cycles
Avon Cycles offers a comprehensive portfolio of products and services, including Mountain Bikes and Electric Cycles. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Bicycles are manufactured for off-road use and various terrains.
Electric bicycles are produced for sustainable commuting and daily travel.
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Funding Insights of Avon Cycles
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investments & Acquisitions by Avon Cycles
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Avon Cycles
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Avon Cycles Comparisons
Competitors of Avon Cycles
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Avon Cycles
Frequently Asked Questions about Avon Cycles
When was Avon Cycles founded?
Avon Cycles was founded in 1951.
Where is Avon Cycles located?
Avon Cycles is headquartered in Ludhiana, India. It is registered at Ludhiana, Punjab, India.
How many employees does Avon Cycles have?
As of Apr 04, 2024, the latest employee count at Avon Cycles is 1,467.
What is the annual revenue of Avon Cycles?
Annual revenue of Avon Cycles is $107.28M as on Mar 31, 2023.
What does Avon Cycles do?
Avon Cycles is recognized as a leading bicycle manufacturer in India, with operations established since 1952. Bicycles for men, women, and children are produced, covering categories like mountain bikes, electric cycles, and kids cycles. Products are distributed through online platforms and dealers, emphasizing affordability and variety. Maintenance tips and assembly support are provided to ensure user satisfaction, while sustainability is addressed through electric models.
What products or services does Avon Cycles offer?
Avon Cycles offers Mountain Bikes and Electric Cycles.