Yulu

Yulu was founded in 2017, is headquartered in Bengaluru, India, lists 201–500 employees, and has $202.3M in recorded funding across 5 rounds.

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

Totals include recorded grants and other qualifying funding, not just equity. What counts toward funding.

Indexed holds 6 funding rounds and 3 investors for this company. The full record is or through the API.

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 lists 201–500 employees. 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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Funding: Seed through Series C. Amounts, valuations, and investors where available.

Investors

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