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. See more

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. See more

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

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Timeline
2017
true
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.
Jul | Founding Team Hired
Amit Gupta, R.K.Misra, Naveen Dachuri, Hemant Gupta collectively working together to make India sustainable and EV-fied

Revenue Streams

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

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

Funding

Total Funding

$20.0M

Investors

:

1.

Bajaj Auto Finance

2.

Wavemaker Partners

3.

3one4capital

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Detail Round Breakdown

Round 1
Round 2
Round 3
Round 4

$7M

Series Name

:

SEED

Date

:

Mar 2018

Investors

:
1.

Wavemaker Partners

2.

Incubate Fund

3.

Blume Ventures

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