Daily Indian Funding Roundup & Key News - 5 August 2026: River Mobility Raises $120 Mn, InRisk Labs Bags $27 Mn, OfBusiness Eyes $800 Mn IPO
Five funding rounds landed on 5 August 2026, headlined by River Mobility's $120 Mn Series C — one of the largest private raises in India's electric two-wheeler segment. Capital flowed into EV manufacturing, insurtech, AI concierge services, a C2C recommerce platform, and deep-tech battery systems. On the