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YULU FUNDING
Lenskart Q1 profit jumps; Tata stocks tumbleLenskart posted a strong first quarter, with profit nearly quadrupling. This and more in today's ETtech Top 5.- 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...
- 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...
- Yulu, Bounce chase fresh funds; MPs target social mediaHappy Tuesday! Yulu and Bounce Infinity are back in the funding market as rising delivery demand gives them a fresh boost. This and more in...
- ED lens on Jaggi brothers; Flipkart begins India shiftHappy Tuesday! After a Sebi probe, Gensol Engineering is now on the Enforcement Directorate’s radar. This and more in today’s ETtech Mornin...
- Mobility startup Yulu eyes $80 million raise riding on quick commerce buzzYulu, a Bengaluru-based shared mobility startup, is in talks to raise $75–80 million to capitalise on quick commerce growth. Backed by Baja...
- 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...
- ETtech Deals Digest: Funding for startups falls 32% to $83 million this weekStartup funding in the penultimate week of February 2024 fell about 32% from the same period a year ago, totalling $83 million across 20 di...
- 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...
- 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 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% ...
- Another week of tepid funding for Indian startupsWith large PE and VC funds still placing their bets cautiously amid the volatile macroeconomic environment, the dry spell might continue fo...
- 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...
- Electric two-wheeler startup Yulu to raise $100 million to expand business modelThe company has so far raised $30 million in equity capital.
- Yulu to raise $100 million, to enter personal scooter spaceYulu, which has created the country's largest battery as a service network with 3 million battery swaps till date, will expand its fleet to...
- 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...
- 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...
- 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.
- 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.
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