# 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.

Source: https://millionrounds.com/news/rounds/river-mobility-series-c-2026-08 (Millionrounds; every figure on the page links to its filing or article)

Raised **$120M** 2 sources reported it

Stage **Series C** first round on record

Investors **11** 2 named as lead

Where **IN** India

Automotive & EVs Manufacturing

## 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.

**#363** equity round of the last twelve months

**#67** Series C of 185 in that time

**#6** round 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

- [**Declaration Partners** 7 rounds in the last twelve months *Led*](https://millionrounds.com/fund/declaration-partners)
- [**Elev8 Venture Partners** 1 round in the last twelve months *Led*](https://millionrounds.com/fund/elev8-venture-partners)

Also in the round

- [360 ONE Asset](https://millionrounds.com/fund/360-one-asset)
- [Anicut Capital](https://millionrounds.com/fund/anicut-capital)
- [Mitsui & Co](https://millionrounds.com/fund/mitsui-and-co)
- [360 ONE](https://millionrounds.com/fund/360-one)
- [Singularity AMC](https://millionrounds.com/fund/singularity-amc)
- [Yamaha Motor](https://millionrounds.com/fund/yamaha-motor)
- [Al-Futtaim Group](https://millionrounds.com/fund/al-futtaim-group)
- [JIF Capital Ltd.](https://millionrounds.com/fund/jif-capital-ltd)
- [HDFC AMC](https://millionrounds.com/fund/hdfc-amc)

## Funding history

- August 2026 Series C **$120M**

This is the first round we hold for the company.

## Reported by

- TechCrunch 5 August
- Ventureburn 5 August

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

## Other big rounds that week

[**Firmus Technologies** $2.0B Growth](https://millionrounds.com/news/rounds/firmus-technologies-growth-round-2026-08)[**Lumilens** $700M Series C](https://millionrounds.com/news/rounds/lumilens-series-c-2026-08)[**Hadrian** $1.4B Growth](https://millionrounds.com/news/rounds/hadrian-growth-round-2026-08)[**Moove** $250M Series C](https://millionrounds.com/news/rounds/moove-series-c-2026-08)[**ICEYE** $1.2B Series F](https://millionrounds.com/news/rounds/iceye-series-f-2026-08)[**HappyRobot** $150M Series C](https://millionrounds.com/news/rounds/happyrobot-series-c-2026-08)

[The company **River Mobility on Millionrounds** *→*](https://millionrounds.com/company/river-mobility)[Weekly roundup **Week of 3 August** *→*](https://millionrounds.com/news/weekly/2026-08-03)[Monthly roundup **August 2026** *→*](https://millionrounds.com/news/monthly/2026-08)

**How this article is made**

We write one for every equity round of $100M or more that at least two sources reported. It is put together from our record of rounds, not rewritten from the reports: the ranks and medians count every equity round we read in the twelve months to the round's date. [How we read rounds](https://millionrounds.com/methodology) · [Report a mistake](https://millionrounds.com/corrections)