About

Founded

2020

Headquarters

Bengaluru, Karnataka, India

Industry

Mobility & Transportation

Company Description

River is an electric vehicle startup backed by marquee international investors in the mobility space. River is building high-quality mobility solutions designed to better the livelihoods of people around the world. The first product is an electric two-wheeler designed and built in India for the world.

Quick Links

Website Jobs

Funding

Total Raised

$28.1 million

Valuation

Undisclosed

Significant Investors

Lowercarbon Capital, Toyota Ventures, Maniv Mobility, Trucks VC

Company Traction

As of June 2023, River claims its scooters have a 10x lower operating cost than gas-burning scooters in India.

As of October 2021, River can produce ~3,000 scooters monthly from its small-scale manufacturing facilities.

Leadership Team

Aravind Mani: Co-Founder & CEO of River. Former VP of Business Operations and Corporate Strategy at Ultraviolette Automotive.

Vipin George: Co-Founder of River. Former Design Lead at Ultraviolette Automotive.

Sandeep Nair: VP of Marketing at River. Former Marketing Director at Swiggy.

Sanoj Vazhiyodan: Head of Creative and Industrial Design at River. Former Designer at Honda Motorcycle & Scooter India Pvt. Ltd.

Press

Tech in Asia (August 3, 2022): Early Twitter backer’s VC firm backs Indian EV maker’s $11m round

TechCrunch (October 21, 2021): How newcomer River plans to fill a gap in India’s competitive EV two-wheeler market

River