River, an Indian startup manufacturing electric two-wheelers, has raised $40 million in a funding round led by Japan’s Yamaha Motor as the nearly three-year-old startup looks to increase R&D spending and expand the market presence of its first electric ‘SUV’ two-wheeler in India. The all-equity Series B round also saw participation from startup’s existing investors, […]
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Source : Yamaha Motor fuels River’s ambitious electric SUV two-wheeler rollout in India
