Building the SUV of scooters | River
EV scooter maker Ola Electric has raised more than 1 billion dollars to date. Its close competitor Ather has raised more than 300 million dollars to date.
Competing against them is a company that had raised just 13 million dollars at the time of recording the podcast- River.
Bengaluru-based startup River is pioneering a scooter for entrepreneurs called River Indie, giving them utility and lifestyle benefits in a single machine.
While EV scooters generally adopt for sporty or retro styles, the River Indie has taken a different approach.
Dubbed as the 'SUV of scooters', the Indie is pushing the traditional scooter's capabilities beyond conventionality.
In this episode, Aravind Mani shares his approach towards building a startup frugally, and decodes their path to becoming a 100 million dollar business.
Other Ways to Listen:
Apple Podcast | Amazon Music | Google Podcast
Watch the full episode on YouTube.
Additional readings:-
1.River Indie first ride review — A ‘Surprising’ UV of scooters
2.Meet River Indie: The SUV of scooters with a price tag of Rs 1.25 lakh
3.Two-wheeler EV Manufacturer River Bags $15 Mn Funding From Al Futtaim Group, Others
4.Meet the man behind SUV of scooters: Aravind Mani, CEO, River EV
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Until the next founder's thesis📕,
Your host, AD