River , an electric vehicle (EV) startup based in Bengaluru, has made waves with its innovative electric two-wheeler (Indie). Designed by co-founders Arvind Mani and Vipin George, this scooter boasts a whopping 55 liters of storage space, making it a game-changer for small business owners and everyday commuters alike.
The ‘SUV of EV Scooters’
- Storage Galore: The electric two-wheeler, aptly named Indie, is not your average scooter. It offers ample cargo space, allowing riders to transport goods efficiently.
- USB Charging: Indie comes equipped with a 12-liter lockable glove box that includes a USB charger, catering to the tech-savvy needs of modern riders.
Investment and Recognition
- River recently secured a substantial investment of $40 million (Rs 335 crore) in an oversubscribed Series B round. Notably, investors include Yamaha Motor Companyand UAE automotive giant Al-Futtaim.
- Arvind and Vipin’s complementary skills—a blend of automotive expertise and sales acumen—have been instrumental in Indie’s success. Their shared vision for leveraging India’s immense talent in manufacturing led them to establish their own company.
Indie: Empowering Small Businesses
- Recognizing the potential of India’s youth, especially in the manufacturing sector, the duo set out to create a vehicle that meets the practical needs of everyday riders.
- Indie’s 55-liter cargo capacity ensures that small business owners can efficiently transport goods, whether it’s delivering packages or running errands.
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