Cycle brand Frog raised investment from Snapdeal founders and Avaana Capital

Alpha Vector, the parent company of homegrown cycle brand Frog has raised undisclosed amount of funding from Avaana Capital and Tital Capital, an investment arm for Snapdeal’s founders. Frog is planning to expand its product offerings and launching a new electric cycle is also on the card. Apart from that, under the govt’s Make in India initiative they are planning to produce one million cycles annually.