About River
River is a Transportation, Automotive & Logistics company based in Bengaluru (India) founded in 2020 by Aravind Mani and Vipin George. Electric scooters are designed and produced for urban mobility. It operates on a Direct-to-Consumer (D2C) model. River has raised $171.15 million across 8 funding rounds from investors including Mitsui & Co, Yamaha and Al-Futtaim. The company has 337 employees. Its chief executive, as recorded, is Aravind Mani. Its website rideriver.com draws about 161 thousand monthly visits. Its Indian entity River Mobility Private Limited reported revenue of ₹104 Cr. River offers products and services including Indie. Its focus areas include Automotive, Electric Vehicles and Electric Scooters. Its competitors include Ola Electric, Ather Energy and Hero Electric; 3 of its 3 listed competitors have raised funding.
Company details
River is engaged in the design and development of electric scooters tailored for urban transportation needs. The company operates within the personal mobility sector, offering solutions through its primary product, Indie. Emphasis is placed on reshaping personal transportation for both work and leisure purposes. Operations are based in Bengaluru, India, with a focus on innovative design and accessibility for urban commuters.
- Headquarters Bengaluru, India
- Employees 337
- Founders Aravind Mani, Vipin George
- SectorsTransportation, Automotive & Logistics
- Website category Vehicles · Motorcycles
- Email••••••••
- Phone•••• ••••
- Website rideriver.com
- Social LinkedIn X Facebook Instagram YouTube
- Legal Name River Mobility Private Limited
- Date of Incorporation 17 Mar, 2022
- Jurisdiction Bangalore, Karnataka, India
- Annual Revenue₹104 Cr
FY 2025 · +1795% YoY
- Net Loss-₹196 Cr
FY 2025 · -189% margin
- EBITDA-₹173 Cr
FY 2025 · -167% margin
- Total Equity Funding$171.15M (USD)
in 8 rounds
- Latest Funding Round$102M (USD), Series C
Aug 2026
- InvestorsMitsui & Co.
& 15 more
- Employee Count337
Associated legal entities of River
River operates through River Mobility Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| River Mobility Private Limited CIN U34100KA2022PTC158972 | Active | 17 Mar 2022 | Bangalore, Karnataka | ₹104 Cr | 337 | 2 | View details |
Products & Services of River
River offers a comprehensive portfolio of products and services, including Indie.
Electric scooter designed for urban mobility and convenience.
Apps and channels of River
its YouTube channel rideriver has 281K subscribers and 30 videos.
Videos from River
The most watched videos on River's YouTube channel, rideriver (281K subscribers). Click a video to play it here.
More on rideriver.
Funding Insights of River
River has successfully raised a total of $171.15M across 8 strategic funding rounds. The most recent funding activity was a Series C round of $102 million completed in August 2026. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $171.15M
- Total Rounds 8
- Last Round Series C — $102M
- First Round $11M
(Jul 2022)
- Investors Count 16
All 8 funding rounds of River with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug 2026 | $18M | Debt – Venture | – | – | |
| Aug 2026 | $102M | Series C | – | Elev8 | |
| Jun 2026 | $2.91M | Angel Round | – | – | – |
| Jan 2026 | $244,837 | Series B | – | Alteria Capital | – |
| Jun 2024 | Series B | – | Marubeni Ventures, Mitsui | – | |
| Feb 2024 | $40M | Series B | – | Yamaha Motor | |
| Jun 2023 | $15M | Series B | – | Al-Futtaim | |
| Jul 2022 | $11M | Series A | – | Lowercarbon Capital |
16 investors in total: 16 institutional.
Investors in River
River has secured backing from 16 investors, including venture fund and institutional investors. Prominent investors backing the company include Mitsui & Co, Yamaha and Al-Futtaim.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Food delivery sectors are invested in by Marubeni Ventures. | marubeni-ventures.com | Chiyoda City, Japan | ||
Venture capital fund focused on tech startups | lowercarboncapital.com | New York, United States | ||
Venture capital firm and infrastructure firm investing in multiple sectors | toyota.ventures | Los Altos, United States | ||
Early-stage tech and offline focused VC firm investing in Israel and the US | maniv.com | Tel Aviv, Israel | ||
Tech and energy focused venture capital firm funding companies in the US and Asia | trucks.vc | San Francisco, United States | ||
| alteriacapital.com | ||||
| innovencapital.com | ||||
| strideventures.global | ||||
| elev8vp.com | ||||
| singularityamc.com |
Investor details for River
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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Verified entity values are shown only after access is granted.
Board of directors of River Mobility Private Limited (River)
River Mobility Private Limited is the primary company behind River. The board of River Mobility Private Limited currently have 2 directors; the longest-serving is Aravind Mani, appointed in 2022. 4 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Aravind Mani DIN 07101086 | Director | 07 Apr 2022 | 4 yrs 7 mo | River Mobility Private Limited |
| Vipin George DIN 08999490 | Director | 07 Apr 2022 | 4 yrs 7 mo | River Mobility Private Limited |
People of River
2 people are tracked at River (2 in leadership); the tracked headcount is 337.
| Name | Role | Group |
|---|---|---|
| Co-Founder & CEO | Leadership | |
| Co-Founder & CPO | Leadership |
Complete people profiles for River
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- Team structure
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Financials of River
Figures of River Mobility Private Limited, the primary company behind River, for FY 2025. Revenue was ₹104 Cr (+1795% year on year). Net loss was -₹196 Cr (-189% margin). EBITDA was -₹173 Cr (-167% margin).
- ₹104 CrRevenue · FY 2025 · +1795% YoY
- -₹196 CrNet loss · -189% margin
- -₹173 CrEBITDA · -167% margin
- ₹5.62 CrPaid-up capital
- 337Employees (provident fund records)
Balance sheet, profit and loss, cash flow and ratios of River Mobility Private Limited are on its company page.
Detailed financial statements for River
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Timeline of River
3 dated milestones of River across 6 years, from founding to its latest funding, stage changes and deals.
- Founded River is founded.
- Funding First funding round of $11.0M.
- Funding Latest funding round, Series C, of $102.0M.
Competitors of River
River has 3 listed competitors in our database, 3 of them funded. They include Ola Electric, Ather Energy and Hero Electric.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| olaelectric.com | 2017 | Bengaluru, India | $999.91M | 3,520 | Electric scooters and motorcycles are manufactured with related accessories. | |
| atherenergy.com | 2013 | Bengaluru, India | $502.02M | 1,755 | Manufacturer of electric scooters, charging infrastructure, smart helmets, and accessories | |
| heroelectric.in | 2007 | Gurugram, India | $129.6M | 122 | Manufacturer offering electric scooters and mobility solutions |
Detailed competitors of River
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
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Web traffic of River
The website of River (rideriver.com) receives about 160.7K visits a month and ranks #334,110 among all websites worldwide, #8,079 in Motorcycles.
- Monthly visits160.7K
▲ 53.2% vs previous month
- Unique visitors63.2K
per month
- Global rank#334,110
among all websites
- Category rank#8,079
Vehicles · Motorcycles
- Bounce rate40%
- Pages per visit2.7
- Average visit1 min 47 sec
- DevicesDesktop 13% · Mobile 87%
Websites whose visitors overlap most with River. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| bikewale.com | 100% | 62M | #701 | View details | |
| tvsmotor.com | 85% | 7.4M | #10,678 | View details | |
| lectrixev.com | 84% | #652,402 | View details | ||
| vidaworld.com | 82% | 1.4M | #41,645 | View details | |
automaxx.in | automaxx.in | 82% | #2,904,695 | – | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 21 similar websites and full traffic analytics for River
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 21 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
Top companies in Electric & Green Mobility
3 companies that operate in the same segment as River (Electric & Green Mobility) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Electric ride-hailing and cab services are provided via mobile app. | 2019 | Mumbai, Maharashtra, India | USD 168.52 M | |||
Shared electric two-wheelers are rented via an online platform. | 2017 | Bengaluru, Karnataka, India | USD 187.54 M | USD 37.93 M | 401 | |
Manufacturer of electric scooters, charging infrastructure, smart helmets, and accessories | 2013 | Bengaluru, Karnataka, India | USD 502.02 M | USD 407.47 M | 1,917 |
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Related news about River
Complete news archive for River
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Articles about River on our blog
Frequently Asked Questions about River
River was founded in 2020 and raised its 1st funding round 2 years after it was founded.
River is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Aravind Mani is the CEO of River, as recorded in our data. They have also founded this company.
River is a funded company, having raised a total of $171.15M across 8 funding rounds to date. The company's 1st funding round was a Series A of $11M, raised on Jul 2022.
River has 337 employees.
The primary company behind River, River Mobility Private Limited, reported revenue of ₹104 Cr for FY 2025, up 1795% year on year.
River is engaged in the design and development of electric scooters tailored for urban transportation needs. The company operates within the personal mobility sector, offering solutions through its primary product, Indie. Emphasis is placed on reshaping personal transportation for both work and leisure purposes. Operations are based in Bengaluru, India, with a focus on innovative design and accessibility for urban commuters.
River's top competitors include Ather Energy, Ola Electric and Hero Electric.
River has 16 investors. Key investors include Mitsui & Co, Yamaha, Al-Futtaim, Marubeni Ventures, and Lowercarbon Capital.
River operates through River Mobility Private Limited.
The legal entities of River currently have 2 directors, including Aravind Mani, Vipin George.
The website of River receives about 161 thousand visits a month and ranks #334,110 among all websites worldwide.