A91 Partners and Fireside Ventures led a $30m Series A round in AlphaVector.

Investment firms A91 Partners and Fireside Ventures led a $30m Series A round in AlphaVector, a bicycle brand, with participation from Avaana Capital and Titan Capital. AlphaVector will use the new funding to invest in its manufacturing facilities in Gujarat. The company said it will also build its electric cycles portfolio and will look to expand into global markets.