Indian EV startup River in talks to raise ₹950 crore: Report

Indian EV startup River is likely to raise $100 million (₹950 crore), up from an earlier target of $80 million (₹760 crore), Moneycontrol reported. The round is expected to include investors like Anicut Capital, Ranjan Pai’s Claypond Capital, and Elev8 Venture Partners. This would mark the company’s first fundraising led by Indian investors, after previously being backed by global funds.