Yulu logo — Helping India move safely, with our solo, sanitized & seamle...

Yulu

Helping India move safely, with our solo, sanitized & seamless mobility solutions! Be #Unstoppable with Yulu

Founded 2017 India India 723 employees Series B Total: $9.14B Platforms, Transportation

General Information

Company Name Yulu
Founded Year 2017
Location India India
Employees 723
Industries Platforms, Transportation
Funding Stage Series B
Social

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About Yulu

Yulu is India's largest shared micro-mobility service provider, offering electric two-wheelers to combat traffic congestion and air pollution in urban India. The company's services are widely used for last-mile commuting and deliveries, aligning with India's goal to electrify mobility by 2030. Yulu's mission is to revolutionize urban commute and create sustainable cities through its technology-driven mobility platform, leveraging IoT, ML, and AI for efficient operations. Currently operational in Bengaluru, Delhi NCR, and Greater Mumbai, Yulu garnered a INR1.60B Series B investment on 23 February 2024, with Magna International and Bajaj Auto Finance as the primary investors. Yulu's dedication to environmentally friendly transportation and innovative technology solutions positions it as a promising player in the transportation industry.

Taxonomy: Shared Micro-Mobility, Electric Two-Wheelers, Traffic Congestion, Air Pollution, Last-Mile Commute, Last-Mile Deliveries, Sustainable Cities, ML, Bengaluru, Delhi NCR, Greater Mumbai, Dockless Vehicles, Electric Vehicles

Funding Rounds & Investors (9)

View All
Funding Stage Amount Investors Lead Investors Date
Series B INR1.60B 2
Magna International, Bajaj Auto Finance
23 Feb 2024
Debt Financing IDR250.00M 1
Northern Arc
13 Jan 2024
Debt Financing INR730.00M 1
U.S. DFC
14 Nov 2022
Series B INR6.53B 2
Magna International, Bajaj Auto Finance
12 Sep 2022
Debt Financing $7.00M 1
Magna International
09 Dec 2021
Series A $3.90M 1
Rocketship VC
22 Jun 2020
Series A $1.00M 1
Wavemaker
04 Feb 2020
Series A $8.00M 1
Bajaj Auto Finance
26 Nov 2019
Seed Round $7.00M 5
Blume Ventures, 3one4 Capital +3
23 Jul 2018

Yulu Alternatives & Competitors

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FAQ About Yulu

Helping India move safely, with our solo, sanitized & seamless mobility solutions! Be #Unstoppable with Yulu
Yulu was founded in 2017.
Yulu is headquartered in India.
Yulu operates in Platforms and Transportation. Its work centres on Shared Micro-Mobility, Electric Two-Wheelers, Traffic Congestion and Air Pollution.
Yulu has approximately 723 employees.
Yulu has completed 9 funding rounds, raising a total of $9.14B. The latest funding stage is Series B.
Top alternatives and competitors to Yulu include Hobo, Reby, Circuit, pony, Lime. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Yulu and Hobo are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for Yulu, https://bouncewatch.com/company/yulu, updated 30 December 2024. When citing, please name BounceWatch and link this page.

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