Electric scooter manufacturer River has announced plans to expand its retail footprint by opening 25 stores across the country by March this year. The Bengaluru-headquartered company inaugurated its first store in Coimbatore, the second such facility in Tamil Nadu after the first outlet in Chennai, which was established in 2024.
ET Year-end Special Reads
Stocks to buy in 2025: 66 ideas from top brokerages for your new year portfolio
What does 2025 hold for India's IT services sector?
2025 may be the year of EVs in India, dominated by SUV launches
River is backed by marquee investors including Japan-headquartered Yamaha Motor, Mitsui and Company Ltd., Dubai-headquartered Al Futtaim Group among others.
As part of its expansion, the company plans to open stores in Vellore, Erode, Tiruppur across the State. It would also set up facilities in Mysuru, Belgaum, Tirupati, Ahmedabad, Pune, Nagpur, and Delhi in the coming months.
«After the success of our flagship store in Chennai, we are excited to open (stores) across Tamil Nadu. Many of our employees who have been with us from the start are from this region. And it is a special market for us,» company Co-Founder and CEO Aravind Mani said.
River currently retails its scooter 'Indie' priced at Rs 1,42,999 (ex-showroom). The new store — Rajdurai E-Mobility — facility has been set up on a 1,200 sq ft land at Kothari Layout, Trichy Road, Coimbatore.
Artificial Intelligence(AI)
Java Programming with ChatGPT: Learn using Generative AI
By — Metla Sudha Sekhar, IT Specialist and