MYBYK BICYCLE SHARING START-UP RAISES $1 MN FROM AVON CYCLES

MYBYK BICYCLE SHARING START-UP RAISES $1 MN FROM AVON CYCLES

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.

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AVON CYCLES ENTERS THE E-BIKE SEGMENT WITH ‘CYCLELEC’

AVON CYCLES ENTERS THE E-BIKE SEGMENT WITH ‘CYCLELEC’

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.

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