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EV Startup, River, raises $40 Million in an oversubscribed Series B round; deal led by Yamaha Motor Co., Ltd.

EV Startup, River, raises $40 Million in an oversubscribed Series B round; deal led by Yamaha Motor Co., Ltd.
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Bengaluru-based EV start-up, River, raises $40 Million in oversubscribed Series B round

Bengaluru-based EV start-up, River, raises $40 Million in oversubscribed Series B round
thehindu.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindu.com Daily Mail and Mail on Sunday newspapers.

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Bengaluru-based EV startup River raises Rs 335 cr led by Yamaha Motor

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, . ....

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EV start-up River raises $40 million in Series B round led by Yamaha Motor

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.

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Yamaha Motor fuels River's ambitious electric SUV two-wheeler rollout in India

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. ....

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