Electric Scooter Startup River Raises $30 Million in Series B Funding

The company plans to use the funds to scale distribution and service network

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Electric-scooter startup River has raised $40 million (₹3.35 billion) in an oversubscribed Series B funding led by Yamaha Motor. The Bengaluru-based electric vehicle (EV) company plans to scale its distribution and service network across India and develop a future line-up of products using the funding.

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