EV Capital Surge: River Mobility, Ola Electric, and Greaves Secure Major Funding

₹1,831 crore — the combined fresh capital secured by three Indian EV players in the last 48 hours alone, signalling that despite broader market jitters, investor conviction in the country's electric mobility transition remains robust.

Money Moves

• River Mobility closes $120M Series C — Co-led by Elev8 Venture Partners and Claypond Capital, the round mixes equity and venture debt to fund a new greenfield factory and push for EBITDA profitability.
• **Ola...