# Indian EV maker River raises $120M to boost output and expand lineup

River, an Indian electric vehicle startup, has raised $120 million in a Series C round to scale production and develop additional models. The funding underscores growing investor confidence in India's EV market as the company aims to compete with established players.

**Importance:** 3/5

## Sources

### Technology
- [TechCrunch](https://techcrunch.com/2026/08/05/indian-ev-two-wheeler-startup-river-raises-120m-after-scaling-with-one-model/) — Wed, 05 Aug 2026 11:26:00 +0000