River
River (River Mobility) is a Bengaluru-based electric two-wheeler manufacturer, best known for its Indie e-scooter — a utility-focused "SUV of scooters" built for solo entrepreneurs and small business owners who need to carry tools and equipment.
River: Funding Rounds
| Date | Round | Amount | Investors | Source |
|---|---|---|---|---|
| 27 Jun 2024 | Series B | Undisclosed | Marubeni Ventures Inc. Mitsui & Co | source |
| 8 Feb 2024 | Series B | $40 Mn | Yamaha Motor Co., Ltd. Al-Futtaim Group Lowercarbon Capital Maniv Mobility Toyota Ventures | source |
| 6 Jun 2023 | Series B | $15 Mn | Al-Futtaim Group Lowercarbon Capital Maniv Mobility Toyota Ventures Trucks VC | source |
| 3 Aug 2022 | Series A | $11 Mn | Lowercarbon Capital Maniv Mobility Toyota Ventures Trucks VC | source |
| 1 Mar 2021 | Seed | $2 Mn | Maniv Mobility Trucks VC | source |
Recent Signals
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5 May 2026 · funding
River in talks to raise $80-100M Series C from Anicut, Claypond and Elev8; A91 Partners no longer in syndicate source -
21 May 2025 · financial
River's FY25 revenue surges 21X to INR 104 Cr, but losses more than double to INR 176.6 Cr source -
15 Jan 2025 · growth-traction
River wins Red Dot Design Award 2024 (Concept) for Indie; wins Product Design 2025 the following year source
News on River
No coverage of River linked yet.
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Start Free ValidationFAQs on River
Who founded River?
River was founded by Aravind Mani, Vipin George in 2021.
How much funding has River raised?
River has raised $68 Mn across 5 tracked funding round(s), most recently on 2024-06-27. Figures are compiled from cited public sources.
Who are the investors in River?
Investors in River include Marubeni Ventures Inc., Mitsui & Co, Yamaha Motor Co., Ltd., Al-Futtaim Group, Lowercarbon Capital, Maniv Mobility, Toyota Ventures, Trucks VC.
What does River do?
River (River Mobility) is a Bengaluru-based electric two-wheeler manufacturer, best known for its Indie e-scooter — a utility-focused "SUV of scooters" built for solo entrepreneurs and small business owners who need to carry tools and equipment.
Where is River headquartered?
River is headquartered in Bengaluru, Karnataka, India.
What is River's business model?
River's core value proposition centers on Class-leading utility storage, In-house engineered components.
How does River make money?
River's cited revenue streams include Indie e-scooter sales.