Electric mobility startup Yulu raises $93 million in equity, debt to expand EV fleetThe Bajaj Auto-backed company said it will increase its active fleet to 200,000 electric vehicles over the next two years, expand service h...
12 Aug, 2026, 11.41 AM IST
Yulu, Bounce seek funds as gig-EV rentals zoomBajaj Auto-backed Yulu is in talks with GEF Capital and One Planet Partners to raise the funds at a valuation of about $250 million, up fro...
11 Aug, 2026, 11.24 AM IST
Yulu Bikes eyes growth in non-metro towns with franchise modelThe startup, backed by 33 institutional investors including Bajaj Auto, Magna and Rocketship, aims to leverage different vehicle form facto...
12 Jan, 2025, 04.56 PM IST
Yulu Bikes aiming to raise over $100 million to fund expansionYulu Bikes aimed to raise over $100 million in a Series C round to expand its operations and fleet of electric two-wheelers. The company co...
08 Aug, 2024, 07.55 PM IST
Yulu raises $19 million from Magna and Bajaj Auto, eyes expansion & new product launchYulu Bikes, a shared mobility services provider, has secured $19.25 million in funding from existing investors Magna and Bajaj Auto, with w...
23 Feb, 2024, 04.19 PM IST
E-bike rental startup Yulu eyes expansion as it closes in on profitabilityE-bike rental startup Yulu, which is looking to go public, expects to turn operationally profitable by September and plans to expand its pr...
15 Jun, 2023, 06.13 PM IST
Electric Mobility firm Yulu Bikes could file for an IPO in FY26The Bengaluru-based startup, which has a strategic partnership with Bajaj Auto, sees demand for such tech-based vehicles growing amid incre...
08 Jun, 2023, 07.26 AM IST
Yulu ties up with Zomato to provide e-scooter for food deliveriesYulu said it provides flexible rental packs and allows delivery partners to earn higher earnings compared to ICE-powered vehicles.
03 Apr, 2023, 07.22 PM IST
Plan to launch 1 million e-bikes for delivery companies in 3-4 years: Yulu CEOGupta said in the current year, the company expects two-thirds of its revenues to continue to come in from gig workers. The remaining is ex...
01 Mar, 2023, 12.36 PM IST
Yulu Bikes, Bajaj Auto to unveil third gen E-bike by year-endAmit Gupta, co-founder and CEO, Yulu Bikes told ET, "The potential for growing micro-mobility services in India is massive. As much as 85% ...
21 Nov, 2022, 10.32 PM IST
Yulu raises $82 million from Canada’s Magna for fleet expansion, battery networkYulu is forming a new entity - Yulu Energy - with Magna to create nationwide battery charging & swapping infrastructure to cater to the dem...
12 Sep, 2022, 10.34 PM IST
Can mobility startup Yulu pull off its expensive post-pandemic pivot?The Miracle 2.0 is much smaller than a bike or a scooter and does not have mirrors or even a proper carrier for a delivery bag.
21 Feb, 2022, 06.00 AM IST
Yulu launches charging & swapping stations in Bengaluru for electric 2-wheelersThis will be India’s first AI-powered, vertically integrated battery infrastructure for electric 2-wheelers, the company said in a statemen...
16 Nov, 2021, 06.02 PM IST
Adani Electricity Mumbai ties up with e-mobility service provider Yulu for charging, swapping batteriesAdani Electricity will provide electricity to Yulu to power its electric bikes at multiple locations spread across Mumbai.
21 Sep, 2021, 05.12 PM IST
Yulu bikes replace caddies at Zion HillsAlthough still on trial for the last two weeks, golfers, young and old alike, have embraced the Yulu option wholeheartedly.
03 Jul, 2020, 08.20 AM IST
Delhi Metro ties up with bike-sharing app Yulu for last-mile connectivityYulu aims to deploy 5,000 electric non-motorised vehicles -- YULU Miracles -- at metro stations by the end of this year.
02 Sep, 2019, 07.00 PM IST
ELCITA-Yulu launches e-bike service in electronics cityYulu deployed a fleet of 200 battery powered e-bikes(YULU Miracle) to ease traffic congestion and help fellow citizens to take green rides.
31 May, 2019, 06.52 PM IST