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 556 active competitors, including 59 funded and 13 that have exited. Its top competitors include companies like Ather Energy, Gogoro and Ultraviolette.
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.
- Website
- www.rideriver.com/
- 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
Latest Funding Round
Post Money Valuation
$***** as on Jun 25, 2026
Investors
Ranked
10th among 556 active competitors
Annual Revenue
₹100 - ₹500 Cr as on Mar 31, 2025
Employee Count
396 as on Apr 30, 2025
Similar Companies
Legal entities associated with Rideriver
Rideriver is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Reports |
|---|---|---|---|---|
RIVER MOBILITY PRIVATE LIMITED CIN: U34100TN2022PTC193766 , India, Active | Mar 17, 2022 | ₹100 - ₹500 Cr (As on Mar 31, 2025) | 550 (As on May 01, 2026) |
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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 20 institutional investors and 2 angel investors.
Here is the list of recent funding rounds of Rideriver:
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Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Aug 05, 2026 | 5743621 | Venture Debt | 5748362 | 3836606 | 5178911 | 7498584 |
Aug 05, 2026 | 2410275 | Series C | 7597903 | 6567469 | 2870892 | |
Jun 25, 2026 | 5918831 | Angel | 3873053 | 8429733 | 7236806 | 9775337 |
View details of Rideriver's funding rounds and investors
Rideriver's founders and board of directors
Founder? Claim ProfileHere are the details of Rideriver's key team members:
- Vipin George: Co-Founder & CPO of Rideriver. They serve on the board of 1 company.Contact Info: 1 email address and 1 phone number
- Aravind Mani: Co-Founder & CEO of Rideriver and founder of 1 other company. Contact Info: 1 email address
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 6m | |
Team | - | Current | 4y 6m |
View details of Rideriver's Founder profiles and Board Members
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:
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Rideriver's Competitors and alternates
Top competitors of Rideriver include Ather Energy, Gogoro and Ultraviolette. Here is the list of Top 10 competitors of Rideriver, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Ather Energy 2013, Bengaluru (India), Public | Manufacturer of smart electric scooters with connected software, charging infrastructure, and ecosystem services | $502M | 85/100 | |
2nd | Platform offering electric scooters and operator of battery swapping networks | $765M | 77/100 | ||
3rd | Ultraviolette 2016, Bengaluru (India), Series E | Manufacturer of electric motorcycles, components, rider safety equipment, and charging infrastructure | $207M | 75/100 | |
4th | Oben Electric 2020, Bengaluru (India), Series A | Platform offering two wheeler motorcycle products | $38.2M | 75/100 | |
5th | Manufacturer of electric scooters designed for urban and developing environments | $42.7M | 72/100 | ||
6th | Simple Energy 2019, Bengaluru (India), Series C | Manufacturer of electric scooters designed for urban and long-distance travel | $279M | 68/100 | |
7th | Hero Electric 2007, Gurugram (India), Series B | Manufacturer offering electric scooters and mobility solutions | $130M | 67/100 | |
8th | Manufacturer of electric bicycles mopeds and smart battery powered scooters | $1.92M | 66/100 | ||
9th | Ola Electric 2017, Bengaluru (India), Public | Manufacturer of electric scooters, motorcycles, and energy storage solutions | $1B | 65/100 | |
10th | Manufacturer of electric scooters designed for personal and professional use | $174M | 65/100 |
Looking for more details on Rideriver's competitors? Click here to see the top ones
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
Media has covered Rideriver for a total of 12 events in the last 1 year, 6 of them have been about company updates.
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River Mobility Raises $120M Series C for EV Manufacturing ExpansionViestories•Aug 06, 2026•Elev8 Venture Partners, Rideriver, Clay Capital, Manipal Group and 4 others
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River expands its Karnataka footprint with its first store in ShivamoggaRideriver•May 07, 2026•Rideriver
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River Expands Footprint to Gujarat with its First Store in AhmedabadRideriver•Feb 18, 2026•Rideriver
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Bengaluru EV startup River in talks for $80 million investment from A91 Partners, Claypond Capital and Elev8Moneycontrol•Feb 10, 2026•Elev8 Venture Partners, Rideriver, Clay Capital, A91 Partners
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River Mobility Expands Hyderabad Presence with Three New StoresMobility India•Jan 11, 2026•Rideriver
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River Mobility strengthens its Hyderabad footprint with three new storesMedia Bulletins•Jan 05, 2026•Rideriver
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River marks the rollout of 20,000 Indies amid rapid retail and production expansionRideriver•Dec 10, 2025•Rideriver
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River Becomes India’s Only-Two Wheeler Brand with Red Dot Wins for Both Concept and Product DesignRideriver•Nov 04, 2025•Rideriver
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