Presenting

Yulu

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.

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.

Mobility / Transportation

Technology

WEBSITE

https://www.yulu.bike

HEADQUARTERS

Bengaluru, Karnataka, , India

COMPANY SIZE

101 to 150

FOUNDED

Aug 2017

Stories

Stories about Yulu

Awards

Awards and Recognitions

50 Disruptive Startups of India - 2019

A YourStory list of startups in 2019 with groundbreaking ideas that are creating a deep impact.

Founded in 2017, the bike-sharing solution platform Yulu first launched its shared-cycles in Bengaluru. It aims to address traffic problems with an IoT solution. Its light blue cycles and electric bikes are visible even in some of the most traffic-congested areas of cities. There are different moving parts in Yulu’s system that ensure these bikes are available in the right density at every location at the right time. Founder Amit Gupta estimates that the market size of the shared mobility space with bicycles is currently close to $8-$10 billion globally, and is expected to grow beyond $1 billion in India by 2022. Since mobility solutions need a high-frequency use-case, Amit believes Yulu can be grown into a platform with the business potential between five to 10 times. Yulu launched its electric vehicles, Yulu Miracle, in Bengaluru in February 2019. It expanded this offering to Delhi in August. The startup also recently partnered with Uber with pilot operations in Bengaluru. With this tie-up, the Uber app redirects users to the registration page of Yulu. In Delhi, due to the extreme weather conditions, the company doesn't find it feasible to launch its cycles. Yulu is planning to deploy 5,000 Miracles across metro stations in Delhi by the end of this year and up to 25,000 of the EVs by 2020.