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YULU INVESTMENT
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...
Bajaj Auto to focus on R&D, work with partners to expand EV shareTo be sure, Bajaj Auto recently hived off its EV division as a separate subsidiary, Chetak Technologies Limited (CTL), with an eye on makin...
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...
Yulu promises to invest Rs 1200 cr in Karnataka, will deploy 1 lakh EVsThe MoU, which was signed on Wednesday at the "Invest Karnataka Global Investors Meet" in Bengaluru, involves investments to be made in pro...
RattanIndia to buy electric motorcycles maker RevoltThe deal is the latest in the Indian electric vehicle (EV) space after startups Euler Motors and Yulu received investments worth several mi...
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...
Magna invests $77 million in India's EV startup Yulu to enter micromobility marketMicromobility, which facilitates transportation over short distances through light weight vehicles such as electric scooters and bikes, has...
Bounce’s shared mobility business shrank 83% during the pandemicBounce’s overall revenue only shrunk 52% to Rs 53 crore as the company earned income from interest from fixed deposits and other investment...
Now, Twitter flags India’s data bill; Yulu’s pandemic pivotAlphabet has raised similar concerns about data storage without naming any country. Now, Twitter has said in a filing that it, too, is conc...
Bajaj Auto to charge up 2-wheeler portfolio, expects EVs to grab 15-20% share in 4-5 yearsBajaj Auto, the country's second-largest motorcycle maker, expects electric vehicles to account for 15-20% of the overall two-wheeler marke...
Bumpy ride ahead for Ola, Uber as shared mobility companies face weak recoveryThe two biggest ride-hailing aggregators, Ola and Uber, have recovered only about 20% of ride volume levels seen before the pandemic hit, a...
Bajaj Auto pumps in $8 million into mobility startup YuluYulu is a dockless, lithium-powered scooter focusing largely on the sub-5 km first- and last-mile connectivity, the same market which Ola b...
Bajaj Auto in talks to back cycle-rental co YuluThe Pune-based two-wheeler manufacturer is in talks to invest $6-8 million in the current round as it looks to ride on the fast growing urb...
Bajaj Auto in talks to back cycle-rental co YuluThe company also recently partnered with Uber, where users can book its vehicles using the US-based ride-hailing major's app.
Uber ties up with electric cycle sharing app YuluYulu is a dockless, lithium-powered scooter focusing on the sub-5 km first- and last-mile connectivity, the same market which Ola backed Vo...
Why bicycling in Bengaluru is a cruel joke on cyclistsThe lack of cycling infrastructure is killing this most sustainable and healthy mode of mobility in Bengaluru.
China's currency Renminbi to become fourth most-used currency: ReportRMB is now the world's second trade-finance currency, fifth payment currency, and sixth foreign-exchange currency, said a report.