How much funding has Yulu raised?

Yulu has raised $109.3M in total funding, most recently a Extension Round.

Who are Yulu's investors?

Yulu's investors include Bajaj Auto, Magna Capital Partners, U.S. International Development Finance Corporation.

Where is Yulu headquartered?

Yulu is headquartered in Bengaluru, India.

Yulu

Bengaluru, India · $109.3M raised

Climate Tech

Headquarters: Bengaluru
Employees: 201–500
Business Model: B2B2C
Website: yulu.bike

Total Funding: $109.3M
Last Round: $19.3M Extension RoundFeb 2024
Rounds: 4

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. It has raised $109.3M in total across 4 rounds, most recently a $19.3M Extension Round round in Feb 2024. Investors include Bajaj Auto, Magna Capital Partners and U.S. International Development Finance Corporation.