Yulu funding, investors and company details
Yulu is an emerging Travel and Tourism startup from Bengaluru, working in the space of Electric Mobility– providing shared electric bikes and two-wheeleto reduce urban traffic and pollution while promoting sustainable transportation. Founded by Amit Gupta, RK Misra, Naveen Dachuri, Anuj Tewari, Hemant Gupta.
- Company: Yulu Bikes Private Limited
- Sector: Travel and Tourism
- Location: Bengaluru
- Founders: Amit Gupta, RK Misra, Naveen Dachuri, Anuj Tewari, Hemant Gupta
Company overview
Established in 2017, Yulu is a micro-mobility firm based in Bengaluru, India. In an effort to lessen air pollution and traffic in cities, the company provides shared electric bicycles and two-wheele With more than 45,000 vehicles and more than 4 million users, Yulu operates in several Indian cities, including Bengaluru, Mumbai, Delhi, Gurugram, Noida, and Hyderabad. To improve its infrastructure and services, the corporation has cooperated with a number of organizations, including Magna International and Bajaj Auto. Yulu's business strategy consists on selling electric calike the Yulu Wynn, ride-sharing, and battery-as-a-service (BaaS) through Yuma Energy, a joint venture.
Funding rounds
- Latest round (Series C): $ 93.00 Mn (₹884.99 Cr.), 2026-08-12. Investors: GEF Capital Partners
- Past round (Series B): ₹25.70 Cr. ($ 2.94 Mn), 2025-07-08. Investors: Magna International
- Past round: $ 19.25 Mn (₹159.58 Cr.), 2024-02-23. Investors: Magna International, Bajaj Auto
- Past round (Debt): ₹25.00 Cr. ($ 3.01 Mn), 2024-01-15. Investors: Northern Arc