Yulu

Bengaluru, India · Founded 2017 · $202.3M raised

Headquarters
Bengaluru
Employees
201–500
Founded
2017
Business Model
B2B2C
Website
yulu.bike
Total Funding
$202.3M
Last Round
$93.0M Series CAug 2026
Rounds
5

About

Yulu is India's largest shared micro-mobility and Battery-as-a-Service company, operating a fleet of low-speed electric scooters deployed primarily for last-mile delivery agents and urban commuters across major Indian cities. The company uses an app-enabled, keyless EV rental model and provides Mobility-as-a-Service and Battery-as-a-Service offerings to logistics partners, gig economy platforms, and individual riders. Yulu's technology-driven platform integrates public and private transport modes to reduce urban congestion and carbon emissions through affordable shared electric mobility.

Summary

Yulu is a Climate Tech company based in Bengaluru, India, founded in 2017. It has raised $202.3M in total across 5 rounds, most recently a $93.0M Series C round in Aug 2026. Investors include Bajaj Auto, Magna Capital Partners and U.S. International Development Finance Corporation.

Tech & App Stack

5 technologies & apps tracked

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Funding History

Series CSeries C and Debt FinancingAug 2026
$93.0M

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Seed through Series C — per-round amounts, valuations, and who invested in each round.

Investors

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