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Bengaluru-based EV startup River on Tuesday said it has raised $40 million (about Rs 335 crore) in a Series B round led by Yamaha Motor Co.The round also saw participation from existing investors Al-Futtaim Automotive, Lowercarbon Capital, . ....
EV start-up River raises $40 million in Series B round led by Yamaha Motor thehindubusinessline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindubusinessline.com Daily Mail and Mail on Sunday newspapers.
River, an Indian startup manufacturing electric two-wheelers, has raised $40 million in a funding round led by Japan's Yamaha Motor as the nearly three-year-old startup looks to increase R&D spending and expand the market presence of its first electric 'SUV' two-wheeler in India. The all-equity Series B round also saw participation from startup's existing investors, including Al Futtaim Automotive, Lowercarbon Capital, Toyota Ventures, Trucks VC and Maniv Mobility. Since its founding in March 2021, River has focused on developing and producing electric two-wheelers for Indian customers, a burgeoning and rapidly evolving market in a country keen to replace diesel and gas-powered vehicles with EVs. ....
Get latest articles and stories on Latest News at LatestLY. Electric scooter startup River on Tuesday announced it has raised USD 40 million (Rs 335 crore) in Series B funding led by Japan's Yamaha Motor Co, Ltd. The funds will be utilised for scaling up the distribution and service network, among others. Latest News | Yamaha Motor Co Leads USD 40 Million in E-scooter Startup River. ....
EV scooter maker River raises $40M in funding round led by Yamaha Motor Corp yourstory.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from yourstory.com Daily Mail and Mail on Sunday newspapers.