To lessen traffic jams and air pollution, YULU is a top shared and sustainable micromobility platform. The goal of Bengaluru-based Yulu is to revolutionise how people commute with its human and battery-powered vehicles that utilise cutting-edge technology like IoT, ML, and AI. With the largest fleet of human-powered bicycles (Yulu Move) and lightweight electric two-wheelers, Yulu now operates in Bangalore, Delhi, Pune, Greater Mumbai, and Bhubaneswar (Yulu Miracle). Yulu is devoted to offering smart, shared, sustainable, and seamless mobility solutions with better accessibility and cost and is establishing the largest EV ecosystem of India.
• Legal Name : Yulu Bikes Pvt Ltd
• Headquarters :Bengaluru, Karnataka, India
• Business Model : B2C
• Total Funding : $20.0M
• Founding Date : Aug 2017
• No. of Employees : 101 to 150
TEAM
• Co-Founder & Chief Executive Officer : Amit Gupta
• Co-Founder & Chief Technology Officer : Naveen Dachuri
• Co-Founder & Chief of Operations : Hemant Gupta
• Co-Founder : RK Misra
INVESTORS
• Bajaj Auto Finance
• Wavemaker Partners
• 3one4capital
• rocketship.vc
• Blume Ventures
TARGET MARKET
• B2B
Yulu was established in 2017 with a goal of addressing India’s increasing traffic congestion and air pollution. Urban Mobility as a Service, which is offered by Yulu, is an affordable, shareable, and scalable commute solution.
• B2C
Yulu operates India’s largest EV led micro-mobility platform, with more than 14,000 green vehicles and 1.8 million consumers. Yulu’s goal is to transform how people commute in order to build sustainable cities of the future.
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 : India Tier 1, India Tier 2
