Yamaha Motor Co leads $40 million in e-scooter startup River
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.
With this funding, the company plans to scale the distribution and service network across the country and invest further in R&D for future lineup of products. (Image credit: Global.yamaha-motor.com)