Electric vehicle (EV) startup River has just secured a significant $120 million in Series C funding, marking a major milestone in the company's mission to revolutionize India's transportation landscape. With this substantial investment, River plans to scale up its production capabilities, expand its product lineup, and bring more affordable, sustainable mobility options to Indian consumers. Founded in 2016, River has already made a name for itself in the country's EV market, offering a range of affordable electric two-wheelers and three-wheelers. As India continues to push for cleaner transportation and reduce its carbon footprint, River's growth is poised to play a significant role in shaping the country's EV future.
Indian EV startup River raises $120M Series C to scale production, launch more models Yahoo Finance
