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Yamaha Motor, others invests $40M in Bengaluru's EV startup River
short by Vivek / on Wednesday, 7 February, 2024
River, a Bengaluru-based electric vehicle (EV) startup, has raised $40 million in a Series B funding round led by Yamaha Motor Co., Ltd, with participation from existing investors, including Al-Futtaim Automotive, Lowercarbon Capital, Toyota Ventures, and Maniv Mobility. The startup will focus on distribution and service network throughout India, aiming to establish a stronger market presence.
read more at Indian Startup News