MYBYK will use the funds primarily to invest in technology, talent acquisition and marketing.
MYBYK bicycle sharing, India’s leading startup operating in shared transport and micro-mobility sector has raised $1 million in pre-Series A funding from Avon Cycles and other investors, including Mr. Sanjay Baweja, ex-CFO, Flipkart.
Continue reading “MYBYK BICYCLE SHARING START-UP RAISES $1 MN FROM AVON CYCLES”
Chirag Jayantilal Shah from Thane City in Maharashtra joins the international network of change-makers to accelerate cycling adoption. Thane City now has a Bicycle Mayor to advance the city’s approach to cycling.
Continue reading “THANE CITY JOINS THE GLOBAL NETWORK OF BICYCLE MAYORS”
India’s bicycle industry is pedalling to a decadal-high demand growth of 20% this fiscal, with sales likely to touch 1.45 crore units compared with 1.2 crore units last fiscal. The ongoing Covid-19 pandemic has spurred demand for bicycles owing to improving fitness consciousness and leisure requirements, says Credit Rating Information Services of India Limited (CRSIL).
Continue reading “PANDEMIC SPURS BICYCLE DEMAND IN INDIA, INDUSTRY EXPECTED TO GROW BY 20%”
Ace Tennis Player Rafael Nadal from Spain adds cycling to his fitness routine with a new custom built bicycle. Mondraker, an independent Spanish Brand Specializing in Mountain Bikes said in a press statement ‘The best tennis player our country has ever had and one of the best players in tennis history, Rafael Nadal, will from now on be using a completely personalized Mondraker F-Podium DC RR to aid in his training, disconnect from the intensity of competition and enjoy our sport’.
Continue reading “MONDRAKER BUILTS A CUSTOMIZED BICYCLE FOR RAFAEL NADAL”
Deepinder Goyal, Founder and CEO of Zomato in an official public statement today announced a bold step towards building a climate-friendly sustainable future for his company.
Continue reading “ZOMATO PROMISES CLIMATE CONSCIOUS DELIVERIES”
Hero Cycles, a 65-year-old Indian cycle manufacturing company has set an ambitious target to become a global leader in E-Cycles. The company launched its much awaited state-of-the-art export oriented manufacturing unit ‘Hero E-Cycle Valley’ via video conferencing on the auspicious day of Baisakhi (New Year). Based in Dhanansu in Ludhiana, the Hero E-Cycle Valley will make 10Mn Cycles a year, with a production of 4 million premium bicycles and E-Cycles, majorly for global consumption.
Continue reading “HERO CYCLES TO MAKE 10MN CYCLES A YEAR AT E-CYCLE VALLEY”
Avon Cycles Ltd., one of India’s leading bicycle manufacturing company has launched its first-ever series of electric cycles, CYCLELEC with its first two models being CONNECT I and CONNECT II.
Continue reading “AVON CYCLES ENTERS THE E-BIKE SEGMENT WITH ‘CYCLELEC’”
Denmark based global engineering, architecture and consultancy firm ‘Ramboll’ has released a new investigative report on ‘Gender and Mobility’.
Continue reading “NEW STUDY ON ‘GENDER AND MOBILITY’ RELEASED BY RAMBOLL”
Ahmedabad-headquartered public bicycle sharing (PBS) operator MYBYK has launched its services in Kochi today with support from Kochi Metro Rail Limited (KMRL) and Cochin Smart City Mission Limited (CSML).
Continue reading “INDIA’S LEADING PUBLIC BICYCLE-SHARING SERVICE MYBYK FORAYS INTO KOCHI”
While there were plenty of takeaways at the newly elected President Joe Biden’s oath taking ceremony, the U.S. Senator of Vermont, Bernie Sanders became a hit amongst the meme makers.
Continue reading “BERNIE SANDERS PROVIDES A FRESH PERSPECTIVE TO CYCLING MEMES”