River Secures $40M Funding for EV Expansion

09 Feb 2024 CW Team

Electric vehicle manufacturer River has successfully raised $40 million in Series B funding, with Yamaha Motor and other investors participating in the financing round. This significant investment will fuel River's expansion efforts as it works on developing its second electric scooter.

The funding round underscores the growing interest and confidence in the electric vehicle market, particularly in the two-wheeler segment. River aims to leverage this capital infusion to accelerate the development and production of its electric scooters, catering to the increasing demand for sustainable mobility solutions. With Yamaha Motor's involvement, River gains not only financial support but also access to valuable expertise and resources in the automotive industry.

The collaboration between River and Yamaha Motor signifies a strategic partnership aimed at driving innovation and growth in the electric vehicle sector. River's commitment to developing eco-friendly transportation options aligns with the global shift towards reducing carbon emissions and mitigating climate change. The success of this funding round positions River as a key player in the burgeoning electric vehicle market, poised to make significant strides in advancing sustainable mobility solutions. As the world transitions towards cleaner energy sources, investments in electric vehicle technology are crucial for achieving a more sustainable future.

Real Estate

07 Jul 2026

Pecan Realty Completes Rs 1.5 Billion Transactions

Pecan Realty has recently completed four institutional transactions worth over Rs 1.5 billion over the past two years, strengthening its position as an execution-led real estate platform. The deals include resolution-led acquisitions, structured finance transactions and capital partnerships across its development portfolio.The transactions covered acquisitions through the National Company Law Tribunal process and helped provide repayment or exits to both private and public sector lenders. The company said the deals demonstrate its ability to resolve complex project situations, work with instit..

SNN Estates Expands North Bengaluru Housing Project

SNN Estates has announced an expansion of its SNN Estates Felicity residential project in North Bengaluru following strong buyer demand, with 75 per cent of the first-phase inventory sold within three days of launch.The developer will add 76 apartments in the new phase, taking the project's estimated revenue potential to around Rs 1,000 crore upon completion of Phase 2.Spread across 6.5 acres in Rachenahalli, near Manyata Tech Park, the project comprises 604 apartments in 1.5, 2, 2.5, 3 and 4 BHK configurations. The development includes a 50,000-sq-ft clubhouse with amenities such as sports co..

SCG Drives ASEAN Industrial Transformation Strategy

SCG is strengthening its focus on ASEAN as a key growth region by advancing industrial transformation, enhancing competitiveness and building resilient regional value chains. Thammasak Sethaudom, President and Chief Executive Officer, SCG, highlighted the need for industries to continuously develop capabilities, strengthen resilience and deepen regional cooperation to achieve sustainable long-term growth.SCG views ASEAN as an important growth engine alongside China, supported by favourable demographics, trade connectivity and investment flows. With ASEAN’s GDP projected to grow by around 4.7..