River Mobility
Latest, : River Mobility opens first international store in Kathmandu, plans 400+ India stores by March 2028
Latest moves
Our read of each move first, where we have one; what the report said is marked Reported.
- Reported: River's tie-up with Flipkart, backed by its 72-store base for delivery and service, offers a template for marketplace distribution of big-ticket EV two-wheelers and a cue to look at similar channel deals as River enters new markets.Reported: River Mobility announced on 7 October 2026 that its Indie electric scooter will be sold on Flipkart, beginning with the Big Billion Days sale. The online channel adds to River's 72 stores in 48 cities.Watch:
- Reported: River Mobility’s planned fivefold expansion to 350+ retail and service outlets by March 2028 makes site selection, service capacity and standardized store execution the critical operating priorities.Reported: River Mobility raises $120m to scale retail network past 350 outlets by March 2028Watch:
Footprint: where River Mobility opened
No opening on record since May 2026; 1 announced plan.
Background
From 3 stories, the newest dated 14 Sept 2026. Summary written 3 Oct 2026. Newer developments are under Latest moves.
River Mobility is an electric-scooter maker with a 120,000 sq ft manufacturing facility in Hoskote and an annual plant capacity of 100,000 vehicles.[1] source: Financial Express
Show 3 more paragraphs and 3 sources
It had more than 75 stores and roughly 3% market share in August 2026.[2] source: Business Today
River Mobility raised $120 million in a Series C round in August 2026 to build a second factory, expand Hoskote capacity and scale its retail and service footprint from 75-plus stores to more than 350 outlets by March 2028.[1] source: Financial Express Business Today reported that 40% of the capital is allocated to R&D and product engineering, that nearly 10 stores are to be added monthly, and that a new scooter is planned for 2027.[2] source: Business Today Its FY26 annual revenue was over ₹430 crore, with more than 300% year-on-year revenue growth.[1] source: Financial Express Monthly sales exceeded 6,000 units,[1] source: Financial Express and close to 6,500 vehicles were retailed in July.[2] source: Business Today Financial Express reported in September 2026 that River Mobility sold 35,250 units.[3] source: Financial Express
Financial Express grouped River with Greaves, Bgauss and Simple Energy as smaller electric two-wheeler brands gaining traction.[3] source: Financial Express In the same report, Greaves/Ampere sold 66,069 units and Bgauss Auto sold 32,101 units.[3] source: Financial Express
Sources
Questions about River Mobility
How many River Mobility stores are there?
River Mobility had more than 75 stores in August 2026, and it targets more than 350 retail outlets by March 2028.[2] source: Business Today
How fast is River Mobility growing in India?
River Mobility reported over ₹430 crore in FY26 annual revenue, with more than 300% year-on-year revenue growth, and its monthly sales exceeded 6,000 units.[1] source: Financial Express
What is River Mobility's current strategy in India?
In August 2026 River Mobility raised a $120 million Series C to build a second factory and expand Hoskote capacity.[1] source: Financial Express It targets more than 350 outlets by March 2028, is adding nearly 10 stores monthly, and plans a new scooter for 2027.[2] source: Business Today
Who are River Mobility's main competitors?
Financial Express named River Mobility alongside Greaves, Bgauss and Simple Energy as smaller electric two-wheeler brands gaining traction in September 2026. River sold 35,250 units, against 66,069 for Greaves/Ampere, 32,101 for Bgauss Auto and 11,000 for Simple Energy.[3] source: Financial Express
Stories that mention River Mobility
3 stories
River Mobility is named in these stories but is not their subject.