River Mobility Raises $120M Series C

River Mobility, a Bengaluru-based electric two-wheeler maker, raised $120 million in a Series C round co-led by Elev8 Venture Partners and Claypond Capital. The funding includes equity and venture debt, with participation from Singularity AMC, Anicut Capital, 360 ONE Asset, JIF Capital, HDFC AMC, Yamaha Motor Corporation, Al Futtaim Group, Mitsui & Co.