River Mobility funding, investors and company details

River Mobility is an emerging Automobile - EV startup from Bengaluru, working in the space of Electric two-wheeler startup positioned around utility-first design, building electric scooters. Founded by Aravind Mani, Vipin George.

Company: River Mobility Private Limited
Sector: Automobile - EV
Location: Bengaluru
Founders: Aravind Mani, Vipin George
Total funding raised: ₹1,141.92 Cr

Company overview

River Mobility is an electric two-wheeler startup positioned around utility-first design, building electric scooters for self-employed workers, delivery riders, small business owners, and daily commuters. Its flagship product, the River Indie, launched in 2023, is a work-oriented electric moped offering long range, cargo-ready accessories, and a low cost of ownership. The company operates a vertically integrated EV platform spanning design, engineering, and manufacturing. It has crossed significant monthly sales milestones and operates a growing retail network across India.

Funding rounds

Latest round (Series C): $ 120.00 Mn (₹1,141.92 Cr.), 2026-08-06. Investors: Elev8 Venture Partners, Claypond Capital, Singularity AMC, Anicut Capital, 360 ONE Asset, JIIF, HDFC Asset Management Company, Yamaha Motors, Al-Futtaim Automotive, Mitsui & Co Ltd