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River Mobility secures $120 million in Series C funding, strengthening its next phase of product and manufacturing expansion
The oversubscribed round comprises equity led by Elev8 Venture Partners and Claypond Capital, with participation from Singularity AMC, Anicut Capital, 360 ONE Asset, JIF Capital and HDFC AMC. This round also saw participation from existing investors Yamaha Motor Corporation, Al Futtaim Group, Mitsui & Co. and venture debt firms like