{"id":633442,"date":"2024-02-07T10:51:04","date_gmt":"2024-02-07T05:21:04","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=633442"},"modified":"2024-02-07T12:52:35","modified_gmt":"2024-02-07T07:22:35","slug":"yamaha-motor-co-leads-40-million-in-e-scooter-startup-river","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/yamaha-motor-co-leads-40-million-in-e-scooter-startup-river\/","title":{"rendered":"Yamaha Motor Co leads $40 million in e-scooter startup River"},"content":{"rendered":"<p>Mumbai: Electric scooter startup River on Tuesday announced it has raised $40 million (Rs 335 crore) in Series B funding led by Japan&#8217;s Yamaha Motor Co, Ltd. The funds will be utilised for scaling up the distribution and service network, among others.<\/p>\n<p>&#8220;The investment is a significant boost for our plan to build a billion dollar global utility-lifestyle brand by 2030. We have built a great base in R&amp;D and manufacturing over the last two years and now, it&#8217;s time to grow.\u201d, said Aravind Mani, Co-founder and CEO of River.<\/p>\n<p>The company entered the domestic EV market with its first e-scooter, Indie, in October last year, and in January it opened its first River store in Bengaluru.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Mumbai: Electric scooter startup River on Tuesday announced it has raised $40 million (Rs 335 crore) in Series B funding led by Japan&#8217;s Yamaha Motor Co, Ltd. The funds will be utilised for scaling up the distribution and service network, among others. &#8220;The investment is a significant boost for our plan to build a billion dollar global utility-lifestyle brand by 2030. We have built a great base in R&amp;D and manufacturing over the last two years and now, it&#8217;s time to grow.\u201d, said Aravind Mani, Co-founder and CEO of River. The company entered the domestic EV market with its first [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[146,130,234],"tags":[],"class_list":["post-633442","post","type-post","status-publish","format-standard","hentry","category-deccan-herald-newspapers","category-newspapers","category-power-deccan-herald-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/633442","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=633442"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/633442\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=633442"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=633442"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=633442"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}