Big round · 5 August 2026

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River Mobility raises $120M Series C led by Declaration Partners

River Mobility, based in India, has raised $120M in a Series C led by Declaration Partners and Elev8 Venture Partners, announced on 5 August 2026. 9 other investors joined. It is the 363rd largest equity round we recorded in the twelve months to that date, and the 67th largest Series C of 185.

Raised$120M2 sources reported it
StageSeries Cfirst round on record
Investors112 named as lead
Where INIndia

Automotive & EVsManufacturing

How big is it?

Against every equity round we recorded in the twelve months to 5 August 2026. Ranks count companies, so the same raise reported twice is counted once.

#363equity round of the last twelve months
#67Series C of 185 in that time
#6round in India, of 83
This round$120M
Median Series C$100M

1.2 times the median Series C of the last twelve months.

Who invested

Also in the round

Funding history

  1. August 2026Series C$120M

This is the first round we hold for the company.

Reported by

  1. TechCrunch5 August
  2. Ventureburn5 August

The round's figures come from these reports; each link opens the original.

Other big rounds that week