Breaking: M. S. Dhoni's Recent Investment Moves

 Earning runs in the field, Sixer in investment! M. S. Dhoni  put money in 'this' company in Pune!

Cricketer Mahendra Singh Dhoni has now invested in a company in Pune. Due to Dhoni's decision, the company that manufactures e-cycles is being talked about a lot 

Mahendra Singh Dhoni, the former captain of the cricket teams Team India and Chennai Super Kings, is always in the news. He is seen batting strongly in the current season of IPL. He has millions of fans all over the world because of his style of playing. The same Dhoni is always vigilant during cricket matches, he is also vigilant when it comes to investments. Currently, he has invested heavily in an electric bicycle manufacturing company in Pune


Dhoni will get equity ownership
A Pune-based company called e-motorad (emotorad) manufactures e-cycles. Dhoni has invested in this company. Kunal Gupta, founder and CEO of the company, has given detailed information about this. Due to this strategic investment, Dhoni will get equity ownership in the company E-Motorad. Dhoni will also promote the e-cycles manufactured by the company
Establishment of the company in the year 2020
Dhoni has already invested in many companies. These include Bangalore-based fitness startup Tagda Raho, Khatabook, Gurugram-based used car dealer Cars24 and others. Currently, Dhoni has invested in a company called E-Motarad. The exact amount of this investment is yet to be understood.But Gupta, Rajiv Gangopadhya, Aditya Ojha, Sumedh Battewar founded this company in 2020. According to the company, the company dominates the e-cycle market by 65%. The company has so far raised a total of 20 million dollars through equity.
Target to increase sales to Rs 270 crore
EMotorad has more than 350 dealers in the country. The company posted sales of Rs 140 crore in the last financial year till March 2024. In the previous financial year, the sales were Rs 115 crore. The company aims to increase the same sales to Rs 270 crore in the current financial year. In this, the company has set a target of 130 crore domestic sales and the remaining sales in the US and European markets.
75 percent of sales are offline
70 percent of the company's products are sold offline. The rest of the products are sold through online stores like Amazon and Flipkart. Now this company is being discussed everywhere as Dhoni has invested directly.