About Ninety One
Ninety One is a company based in Ahmedabad (India) founded in 2015 by Vishal Chopra and Sachin Chopra. It operates as a Direct-to-Consumer (D2C) and Reseller / Distribution. Ninety One has raised $39.99 million across 8 funding rounds from investors including Alteria Capital, A91 Partners and Brand Capital. The company has 101 employees as of November 13, 2024. Ninety One offers products and services including Electric Cycles, Electric Scooters, Bicycles, Treadmills, and Electric Ride-Ons.
- Headquarter Ahmedabad, India
- Employees 101 as on 13 Nov, 2024
- Founders Vishal Chopra, Sachin Chopra
- Stage Minicorn
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Sectors
Transportation, Automotive & Logistics
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Email
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Phone
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Website
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Social
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- Legal Name Alphavector (India)Private Limited
- Jurisdiction Ahmedabad, Gujarat, India
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Annual Revenue
$23.46 M (USD)0as on Mar 31, 2024
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Net Profit
$248.38 K (USD)0as on Mar 31, 2024
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EBITDA
$527.06 K (USD)0as on Mar 31, 2024
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Total Equity Funding
$39.99 M (USD)
in 8 rounds
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Latest Funding Round
$3.73 M (USD), Series A
May 23, 2025
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Investors
Alteria Capital
& 15 more
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Employee Count
101
as on Nov 13, 2024
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Products & Services of Ninety One
Ninety One offers a comprehensive portfolio of products and services, including Electric Cycles, Electric Scooters, Bicycles, Treadmills, and Electric Ride-Ons.
Electric cycles are offered for eco-friendly commuting solutions.
Electric scooters are provided for urban mobility needs.
Traditional bicycles are sold for fitness and commuting.
Treadmills are available for home fitness workouts.
Electric ride-ons are designed for children's entertainment.
People of Ninety One
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Funding Insights of Ninety One
Ninety One has successfully raised a total of $39.99M across 8 strategic funding rounds. The most recent funding activity was a Series A round of $3.73 million completed in May 2025. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in Ninety One
Ninety One has secured backing from 16 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include Alteria Capital, A91 Partners and Brand Capital.
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Investments in early-stage startups are made by Brand Capital.
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Investment partnerships and support for founders in software, financial services, and consumer sectors.
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Avaana Capital is engaged in venture capital investments for deep tech startups.
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Investor details for Ninety One
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Investments & Acquisitions by Ninety One
Investment portfolio details for Ninety One
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Financial Statements - Ninety One
Detailed financials for Ninety One
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Ninety One Comparisons
Peer comparison for Ninety One
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Competitors of Ninety One
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Latest news on Ninety One
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Frequently Asked Questions about Ninety One
Ninety One was founded in 2015.
Ninety One is headquartered in Ahmedabad, India. It is registered at Ahmedabad, Gujarat, India.
Sachin Chopra is the current CEO of Ninety One. They have also founded this company.
Ninety One is a funded company, having raised a total of $39.99M across 8 funding rounds to date.
As of Nov 13, 2024, the latest employee count at Ninety One is 101.
Annual revenue of Ninety One is $23.46M as on Mar 31, 2024.
Ninety One is involved in the production and sale of mobility and fitness solutions, including electric cycles, traditional bicycles, electric scooters, treadmills, and electric ride-on toys for children. The company operates in the consumer goods sector, focusing on sporting and fitness equipment. Products are designed and manufactured in India with state-of-the-art facilities spanning over 300,000 square feet. Emphasis is placed on safety, endurance, and affordability, with partnerships established with global brands for world-class components. After-sales support is provided across more than 600 cities in India.
Ninety One offers Electric Cycles, Electric Scooters, Bicycles, Treadmills, and Electric Ride-Ons.
Ninety One has 16 investors. Key investors include Alteria Capital, A91 Partners, Brand Capital, Avaana Capital, and Fireside Ventures.
The valuation of Ninety One is $106.16M as of Oct 2021.