What is Ninety One?
Ninety One is a prominent active lifestyle brand based in India, specializing in a comprehensive range of premium bicycles, electric cycles, scooters, and ride-on toys. The company caters to a broad demographic, offering products for men, women, and children, and enhancing initial purchases with compelling deals such as free accessories and home delivery. Ninety One is dedicated to promoting wellness and outdoor engagement through its high-quality, durable product offerings.
How much funding has Ninety One raised?
Ninety One has raised a total of $29.8M across 1 funding round:
Series A
$29.8M
Series A (2021): $29.8M with participation from Fireside Ventures, A91 Partners, Titan Capital, and Avaana Capital
Key Investors in Ninety One
Fireside Ventures
Fireside Ventures is a leading venture capital firm in India that focuses on investing in health and consumer startups, aiming to help founders build iconic consumer brands.
A91 Partners
A91 Partners is an investment firm focused on partnering with founders to build enduring businesses in India across various sectors, emphasizing active partnership and governance.
Titan Capital
Titan Capital is an investment firm that backs founders in building significant businesses.
What's next for Ninety One?
The recent major enterprise-level funding indicates a strategic push for Ninety One to scale its operations, expand its product development, and potentially broaden its market reach. This capital infusion is likely to fuel further innovation in electric mobility and active lifestyle products, solidifying its position as a leader in the Indian market and exploring new avenues for growth and consumer engagement.
See full Ninety One company page