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Yulu is a leading shared and sustainable micro-mobility platform to reduce traffic congestion and air pollution and has its fleet of human-powered bicycles (Yulu Move) and lightweight electric two-wheelers (Yulu Miracle) powered by innovation technologies like IoT, ML and AI.
Basic Information
YULU is a leading shared and sustainable micro-mobility platform to reduce traffic congestion and air pollution. Bengaluru based Yulu's mission is to create sustainable cities of tomorrow by revolutionising the way people commute through its human and battery-powered vehicles that uses innovative technologies like IoT, ML & AI. Yulu runs its operations currently in Bangalore, Delhi, Pune, Greater Mumbai, and Bhubaneswar, having the largest fleet of human-powered bicycles (Yulu Move) and lightweight electric two-wheelers (Yulu Miracle). Yulu is building the largest EV ecosystem of India and is committed to providing smart, shared, sustainable and seamless mobility solutions with better accessibility and affordability.
Legal Name
:
Yulu Bikes Pvt Ltd
Headquarters
:
Bengaluru, Karnataka, India
Business Model
:
B2C  
Founding Date
:
Aug 2017
No. of Employees
:
101 to 150
Core Team
:
1.  
Amit Gupta
Co-Founder & Chief Executive Officer
2.  
Naveen Dachuri
Co-Founder & Chief Technology Officer
3.  
Hemant Gupta
Co-Founder & Chief of Operations
4.  
RK Misra
Co-Founder

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Timeline

2017

Company Incorporation

Jul | Company Incorporation

Yulu provides an eco-friendly UMaaS - Urban Mobility as a Service which is an affordable, sharable and scalable solution commute option for the first mile, last mile, and short distance commute.

Founding Team Hired

Jul | Founding Team Hired

Amit Gupta, R.K.Misra, Naveen Dachuri, Hemant Gupta collectively working together to make India sustainable and EV-fied

Revenue Stream
Target Market
B2B
With an aim to address the rising air pollution and traffic congestion in India, Yulu was founded in 2017. Yulu provides an eco-friendly UMaaS - Urban Mobility as a Service which is an affordable, sharable and scalable solution commute option
Client Segment
:
Technology,  Mobility / Transportation  
Target Companies
:
Startup,  Large Enterprise,  Medium Enterprise,  Small Enterprise  
Target Geography
:
B2C
With more than 14,000 eco-friendly vehicles and 1.8 Mn users, Yulu runs Indias largest EV led micro-mobility platform. Yulu's mission is to create sustainable cities of tomorrow by revolutionizing the way people commute
User Age
:
35 to 45,  26 to 34,  18 to 25,  46 to 60  
User Income
:
Lower Income,  Lower-middle Income,  High Income,  Upper-middle Income  
Location
:
Funding

Total Funding

$20.0M

Investors
:
1.  
Bajaj Auto Finance
2.  
Wavemaker Partners
3.  
3one4capital
4.  
Blume Ventures

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Detail Round Breakdown
Round 1
Round 2
Round 3
Round 4

$8M

Series Name
:
SERIES-A
Investors
:
1.  
Bajaj Auto Finance