When was Ninety One founded?

Ninety One was founded in 2015 and raised its 1st funding round within a year of its incorporation.

Where is Ninety One located?

Ninety One is headquartered in Ahmedabad, India. It is registered at 101-108, 10th Floor, City Centre Swastik Cross Road, C.G Road, Navrangpur, a, Ahmedabad, Ahmedabad, Gujarat, India, 380009.

Who is the current CEO of Ninety One?

Sachin Chopra of Ninety One. They have also founded 1 company.

Which legal entities is Ninety One associated with?

Ninety One is associated with Alphavector (india)private Limited.

How many employees does Ninety One have?

As of Aug 31, 2025, Ninety One has 95 employees, reflecting a 22% year-over-year decline in headcount.

Is Ninety One a funded company?

Ninety One is a funded company, having raised a total of $42.5M across 9 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Jan 12, 2015.

How much is Ninety One worth?

The latest valuation of Ninety One is $***** as of Feb 13, 2026. This marks a decline of 53% from its peak valuation of $199M in Jan, 2015. This marks a decline of 53% from its peak valuation of $199M in Jan, 2015.

When was the latest funding round of Ninety One?

Ninety One's latest funding was a $***** Series A round on Feb 13, 2026, with participation from 4 investors. Its primary sector is Auto Retail & Aftersales. Globally, the Auto Retail & Aftersales sector has seen $1.51B in funding in 2026 to date.

What is the annual revenue of Ninety One?

Annual revenue of Ninety One is between ₹100 Cr and ₹500 Cr as on Mar 31, 2025

Where does Ninety One rank among its competitors?

Ninety One ranks 1st amongst 17 active competitors, only 1 of which is funded. Ninety One, which secured $2.53M in Feb, 2026.

Who are the top competitors of Ninety One?

Ninety One's top competitors include Just Buy Cycles, Ezykle and Parker Cycle Industries. Among them, Ninety One secured the most recent funding round in February, 2026.

Ninety One - 2026 Company Profile, Team, Funding, Competitors & Financials

Ninety One is a series A company based in Ahmedabad (India), founded in 2015 by Vishal Chopra and Sachin Chopra. It operates as an Online retailer of bicycles, electric cycles, scooters, ride-ons, and accessories. Ninety One has raised $42.5M in funding from investors like A91 Partners, Brand Capital and Gujarat Venture Finance, with a current valuation of $*****. The company has 17 active competitors, including 1 that is funded. Its top competitors include companies like Just Buy Cycles, Ezykle and Parker Cycle Industries.

Company Details

Online retailer of bicycles, electric cycles, scooters, ride-ons, and accessories. The company provides various bicycle types, including mountain, road, and hybrid bikes. It also offers electric scooters and ride-on toys for children. Additionally, the company sells fitness equipment such as treadmills, ellipticals, and spin bikes.

Website: www.outdoors91.com/
Social
Email ID: *****@outdoors91.com
Phone Number: +91 **********
Registered Address: 101-108, 10th Floor, City Centre Swastik Cross Road, C.G Road, Navrangpur, a, Ahmedabad, Ahmedabad, Gujarat, India, 380009

Key Metrics

Founded Year

2015

Location

Ahmedabad, India

Stage

Series A

Total Funding

$42.5M in 9 rounds

Latest Funding Round

Series A, Feb 13, 2026, $*****

Post Money Valuation

$***** as on Feb 13, 2026

Investors

A91 Partners & 21 more

Ranked

1^st among 17 active competitors

Annual Revenue

₹100 - ₹500 Cr as on Mar 31, 2025

Employee Count

95 as on Aug 31, 2025

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View Ninety One's full profile

Ninety One is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
Alphavector (india)private Limited CIN: U51909GJ1987PTC009908 , India, Active	Aug 20, 1987	₹100 - ₹500 Cr (As on Mar 31, 2025)	124 (As on Apr 30, 2026)

Ninety One has raised a total funding of $42.5M over 9 rounds. Its first funding round was on Jan 12, 2015. Its latest funding round was a Series A round on Feb 13, 2026 for $*****. 4 investors participated in its latest round. Ninety One has 13 institutional investors and 9 angel investors.

Here is the list of recent funding rounds of Ninety One:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Feb 13, 2026	6883840	Series A	2540634	8593618	7149912	1464789
May 23, 2025	8259622	Series A	8225200	5973716	9491374	Ramesh Chopra & 5 more
Mar 15, 2024	8399359	Series A	1183229	4686299	Brand Capital	4980562

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View details of Ninety One's funding rounds and investors

The founders of Ninety One are Vishal Chopra and Sachin Chopra. Sachin Chopra is the CEO of Ninety One.

Here are the details of Ninety One's key team members:

Vishal Chopra: Co-Founder & Managing Director of Ninety One and founder of 1 other company.
Contact Info: 2 email addresses
Sachin Chopra: Co-Founder & CEO of Ninety One and founder of 2 other companies, Alpha-Vector and AlphaVector.
Contact Info: 1 email address

Ninety One's Board of Directors

Ninety One's board has 7 active members. Sandeep Singhal, Sandeep Shiamsunder Singhal, Sachin Ramesh Chopra, Vishal Ramesh Chopra and Sachin Ramesh Chopra are part of team and Satish Bankaram Chopra and Satish Bankaram Chopra are independent board members.

Here is the list of Ninety One's board of directors:

Name	Type	Representing	Status	Duration
Sachin Ramesh Chopra	Team	-	Current	10y 10m
pgfiqzh	Team	-	Past	2y 1m
odvgoga	Team	-	Past	7y 1m
Sandeep Shiamsunder Singhal	Investor	-	Current	4y 6m
pzveuqp	Investor	-	Past	2y 3m
Satish Bankaram Chopra	Independent board member	-	Current	4y 9m
hdbfdyj	Independent board member	-	Past	7y 4m

View details of Ninety One's Founder profiles and Board Members

Ninety One's employee count trend

Ninety One has 95 employees as of Aug 25. The total employee count is 23.0% lower than what it was in Aug 24. Here is Ninety One's employee count trend over the years:

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Top competitors of Ninety One include Just Buy Cycles, Ezykle and Parker Cycle Industries. Here is the list of Top 10 competitors of Ninety One, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Ninety One 2015, Ahmedabad (India), Series A	Online retailer of bicycles, electric cycles, scooters, ride-ons, and accessories	$42.5M	Trian Partners, Fireside Ventures & 20 others	60/100
2nd	Just Buy Cycles 2003, Chennai (India), Unfunded	E-commerce platform that specializes in the sale of bicycles, cycling accessories, and fitness products from global brands	-	-	31/100
3rd	Ezykle 2023, Hyderabad (India), Unfunded	Retailer of electric bicycles for urban commuting and off-road adventures	-	-	30/100
4th	Parker Cycle Industries 1958, Ludhiana (India), Unfunded	Provider of bicycle parts and accessories	-	-	30/100
5th	Cycle World 2021, Bengaluru (India), Unfunded	Provider of bicycles and accessories	-	-	21/100
6th	Motot Kit 2013, Ahmedabad (India), Unfunded	Online retailer offering electric bicycle and multi-category electric vehicle conversion kits	-	-	18/100
7th	EXELmoto 2024, Mumbai (India), Unfunded	Retailer of electric cycles and related accessories for personal transportation	-	-	18/100
8th	Radiant Cycles 1981, Ludhiana (India), Unfunded	Online retailer of bicycles, tricycles, accessories, and related riding equipment	-	-	18/100
9th	Anna Nagar Cycles 2019, Chennai (India), Unfunded	Retailer of bicycles and accessories in Chennai.	-	-	18/100
10th	Klutchbike Pune (India), Unfunded	Manufacturer of electric bicycles sold directly to consumers through online platform	-	-	16/100

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Founders own 16.31%, Funds (largest shareholder) own 69.07%, Enterprises own 2.60% and Angels own 4.95%. The net worth of Ninety One's founders is INR 139Cr as of Feb 13, 2026.

Shareholders Name	Post Round Holding %	Net worth	Cumulative Investment	Realised Returns	Unrealised Returns	Return Multiple
Founder	16.31%	139Cr	9856664	4400837	9945157	2520004
Sachin Chopra	2892230	8795206	4549748	4557443	9289094	2903973
Vishal Chopra	2043266	7002057	9791370	2554587	2810894	7330207
Fund	69.07%	588Cr	9498580	6745318	9649343	6664340
A91 Partners	5555886	2868176	1731070	8066285	3542947	8398852
Avaana Capital Advisors	508399	413127	461956	768804	812543	932148
Gujarat Venture Finance	38	28	55	62	59	28
Alteria Capital	0	0	0	0	0	0
Brand Capital	0	0	0	0	0	0
Enterprise	2.60%	22.1Cr	68	90	70	78
Angel	4.95%	42.2Cr	1845	4628	5125	2177
Other People	3.55%	30.3Cr	745	162	394	235
ESOP Pool	3.53%	30Cr	608	491	169	482
Total	100.00%	852Cr	7943033	3661387	4393803	6929580