EV startup River bags $40 Mn in Series B led by Yamaha – Entrackr

In 2022, Yamaha Motors s leasing arm Moto Business Service India (MBSI) forayed into the two-wheeler EV segment by partnering with Hyderabad based startup Only Electriq Solutions. The Tokyo based automobile giant has already invested in a clutch of Indian startups including CredR, Royal Brothers, Rapido, and Drivezy, among others.
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