Back

Shreyas Ramdasi

Mechanical Engineer • 1y

EV startup River, battery firm IBC to invest in rural Bengaluru district Bengaluru's River and International Battery Company's investments in Bengaluru rural district to create jobs and revolutionize electric mobility, supported by global investors. River, a Bengaluru-based electric vehicle startup, will invest Rs 400 crore at Hoskote in Bengaluru rural district. The investment will be directed towards expanding its manufacturing, R&D, and testing facilities. River also will be establishing new stores and service stations across the state. Backed by marquee international investors like Yamaha Motor Co, Toyota Ventures, Lowercarbon Capital, Al-Futtaim Automotive, and Maniv Mobility, River has cumulatively raised up to $ 68 million (Rs 564 crore). This includes their most recent Series B round where they raised $40 million (Rs 332 crore). With its R&D center in Bengaluru and a factory in Hoskote, River is deeply rooted in Karnataka and committed to revolutionizing electric mobilit

Reply
10

More like this

Recommendations from Medial

EVINDIA

Stay updated with th... • 13d

Odysse Launches SNAP at ₹49,999 – India’s Most Affordable Battery-Swapping EV Scooter Odysse Electric, in partnership with Indofast Energy (a JV of Indian Oil & SUN Mobility), has launched SNAP, a battery-swapping enabled electric scooter priced at

See More
Reply
4
Image Description

Ravi Ronaldo

Hey I am on Medial • 5m

Defence - Rs 4,91,732 crore Rural Development - Rs 2,66,817 crore Home Affairs - Rs 2,33,211 crore Agriculture - Rs 1,71,437 crore Education - Rs 1,28,650 crore Health - Rs 98,311 crore Urban Development - Rs 96,777 crore IT and Telecom - Rs 96,298 c

See More
2 Replies
6

Nitin Rathod

Don't Give Up ⤴ • 8m

Urja Mobility - The EV revolution continues! Urja Mobility, an EV battery maker, raised $12 Mn to supercharge India's electric transport future.

Reply
4
Image Description

Rosa

Hey I am on Medial • 11m

Fresh Bus, the Bengaluru-based EV bus startup backed by Ixigo has raised Rs 43.7 crore ($5.23M) in its Series A funding round. Maniv Mobility led the round with Rs 35.68 crore, joined by Riverwalk Holdings. The company aims to raise Rs 100 crore in

See More
1 Reply
3
5

EVINDIA

Stay updated with th... • 7d

Ampere Nexus Now Comes with 5-Year / 75,000 Km Battery Warranty Greaves Electric Mobility has upgraded its flagship electric scooter, the Ampere Nexus, with a new 5-year or 75,000 km battery warranty, setting a new benchmark for long-term EV reliab

See More
Reply
3

EVINDIA

Stay updated with th... • 10d

River Indie Hits 10,000 Production Milestone – A New Milestone in India's EV 2W Space! Bengaluru-based EV startup River has crossed a major milestone by producing 10,000 units of its electric scooter Indie. In June 2025 alone, the company sold 1,00

See More
Reply
4
Image Description
Image Description

Mahendra Lochhab

Content creator • 6m

In December 2024, the monthly SIP crossed Rs 26 thousand crore. In December 2023, it was Rs 17,610 crore, which increased by 50.25% to Rs 26,459 crore last month.

3 Replies
4

Shashank Pathak

Journalist at Entrac... • 6m

Bengaluru police bust Rs 12 Cr fraud targeting CRED Bengaluru police have arrested four individuals, including an Axis Bank manager, for allegedly embezzling over Rs 12 crore from Dreamplug Paytech Solutions, according to a media report. Dreamplug o

See More
Reply
1
6
Image Description

Shivam Gupta

Business Finance And... • 4m

Ola Electric mobility again layoff 1000 employee for company making profitable in future

1 Reply
5

Download the medial app to read full posts, comements and news.