Inside Ninety One Cycles’s premium bike dream
The seven-year-old company has plans to manufacture premium bicycles in India at affordable prices. Can it take on bigger, established players?

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Happy coincidences and venture capital returns
Three portfolio exits have helped Arali Ventures return the principal sum of its small fund in about six years. This doesn’t happen too often in India’s nascent venture capital ecosystem. So what should we learn from it?
A91 Partners looks less like a VC and more like a mid-market PE firm
The fund seems convinced that technology-led businesses in India are overvalued and not good for making big exits. Instead, what is needed to return large sums of capital are investments in mature companies with a proven track record.
India’s Faustian deal with Tesla
In paving the way for Tesla to sell its cars in the country with reduced duties, India comes across as partisan and a country that can be bullied into acting against its own interests.








