Yamaha Motor leads $40 million funding in escooter startup River – The India Express

Electric scooter startup River on Tuesday announced it has raised USD 40 million (Rs 335 crore) in Series B funding led by Japan s Yamaha Motor Co, Ltd The funds will be utilised for scaling up the distribution and service network, among others The investment is a significant boost for our plan to build a billion dollar global utility lifestyle brand by 2030

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