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Rideriver - About the company

Rideriver is a series C company based in Bengaluru (India), founded in 2020 by Vipin George and Aravind Mani. It operates as a Manufacturer of electric scooters designed for personal and professional use. Rideriver has raised $174M in funding from investors like Maniv Mobility, Mitsui and Yamaha Motor, with a current valuation of $*****. The company has 517 active competitors, including 57 funded and 13 that have exited. Its top competitors include companies like Ather Energy, Gogoro and Oben Electric.

Company Details

Manufacturer of electric scooters designed for personal and professional use. These vehicles provide transportation for individuals and support various work-related tasks. The product line includes accessories and maintenance support through service centers. Owners access vehicle information and management tools through a mobile application. The business provides warranty coverage and roadside assistance for its products.
Social
XFacebook
Email ID
*****@rideriver.com
Phone Number
+91 **********
Registered Address
No. 25/3, KIADB EPIP Zone, Seetharampalya, Hoodi Road, Mahadevapura, Whitefield, Mahadevapura, Bangalore, Bangalore North, Karnataka, India, 560048
Key Metrics
Founded Year
2020
Location
Bengaluru, India
Stage
Series C
Total Funding
$174M in 9 rounds
Post Money Valuation
$***** as on Jun 25, 2026
Ranked
Annual Revenue
₹100 - ₹500 Cr as on Mar 31, 2025
Employee Count
396 as on Apr 30, 2025
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Rideriver's funding and investors

Rideriver has raised a total funding of $174M over 9 rounds. Its first funding round was on Mar 2021. Its latest funding round was a Venture Debt round on Aug 05, 2026 for $*****. 3 investors participated in its latest round. Rideriver has 19 institutional investors and 2 angel investors.

Here is the list of recent funding rounds of Rideriver:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Aug 05, 2026
1129363
Venture Debt
2642913
1882679
1326368
5430596
Aug 05, 2026
8418948
Series C
3875112
4329171
7268189
Jun 25, 2026
6498972
Angel
3817542
5805573
8966812
6100546
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Rideriver's founders and board of directors

Founder? Claim Profile
The founders of Rideriver are Vipin George and Aravind Mani. Aravind Mani is the CEO of Rideriver.
Here are the details of Rideriver's key team members:

Rideriver's Board of Directors

Rideriver's board has 2 active members. Vipin George and Aravind Mani are part of team.
Here is the list of Rideriver's board of directors:
Name
Type
Representing
Status
Duration
Team
-
Current
4y 0m
Team
-
Current
4y 0m

Rideriver's employee count trend

Rideriver has 396 employees as of Apr 25. The total employee count is 40.0% more than what it was in Apr 24. Here is Rideriver's employee count trend over the years:
Employee count trend for Rideriver
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Rideriver's Competitors and alternates

Top competitors of Rideriver include Ather Energy, Gogoro and Oben Electric. Here is the list of Top 10 competitors of Rideriver, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Ather Energy
Ather Energy
2013, Bengaluru (India), Public
Manufacturer of smart electric scooters with connected software, charging infrastructure, and ecosystem services
$502M
85/100
2nd
Logo for Gogoro
Gogoro
2011, Taipei (Taiwan), Public
Platform offering electric scooters and operator of battery swapping networks
$765M
77/100
3rd
Logo for Oben Electric
Oben Electric
2020, Bengaluru (India), Series A
Platform offering two wheeler motorcycle products
$37.6M
75/100
4th
Logo for Ultraviolette
Ultraviolette
2016, Bengaluru (India), Series E
Manufacturer of electric motorcycles, components, rider safety equipment, and charging infrastructure
$149M
74/100
5th
Logo for Simpl Energy
Simpl Energy
2019, Bengaluru (India), Series B
Manufacturer of electric scooters designed for urban and long-distance travel
$98.9M
67/100
6th
Logo for Ola Electric
Ola Electric
2017, Bengaluru (India), Public
Manufacturer of electric scooters, motorcycles, and energy storage solutions
$1B
66/100
7th
Logo for RapteeHV
RapteeHV
2019, Chennai (India), Seed
Platform offering electric motorcycles
$15.9M
66/100
8th
Logo for Motovolt
Motovolt
2019, Kolkata (India), Seed
Manufacturer of electric bicycles mopeds and smart battery powered scooters
$1.92M
66/100
9th
Logo for Bounce Infinity
Bounce Infinity
2014, Gurugram (India), Series F
Electric scooter brand and mobility company
$226M
65/100
10th
Logo for Rideriver
Rideriver
2020, Bengaluru (India), Series C
Manufacturer of electric scooters designed for personal and professional use
$174M
65/100
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Rideriver's Latest cap tables and shareholding

Funds own 0.48%, Parent Entities (largest shareholder) own 97.10%, Angels own 2.43% and Other People own 0.00%.
Shareholders Name
Post Round Holding %
Net worth
Cumulative Investment
Realised Returns
Unrealised Returns
Return Multiple
Fund
0.48%
5.4Cr
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
Parent Entity
97.10%
1,100Cr
7138994
5891853
3106336
1179348
Angel
2.43%
27.5Cr
64
36
14
43
Other People
0.00%
4.79K
0
0
0
0
Total
100.00%
1,130Cr
8395661
1833963
8253788
8422092
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Notes: The column Net Worth represents the net worth of investments made by that entity, as per the latest cap table.
Disclaimer
View more details of Rideriver's Shareholding

Rideriver's Investments and acquisitions

Rideriver has made no investments or acquisitions yet.

Reports related to Rideriver

Here is the latest report on Rideriver's sector:

News related to Rideriver

lockFilter this list
Media has covered Rideriver for a total of 14 events in the last 1 year, 8 of them have been about company updates.
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FAQs about Rideriver

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