Yulu
About Yulu
India’s electric bike rental startup Yulu focuses on providing shared low-speed two-wheeler electric vehicles (EVs) to promote sustainable urban mobility.
Business Information
Target Customers
Industry Categories
Business Model
Funding Timeline
| Round | Date | Amount | Investors |
|---|---|---|---|
| Series B | Jul 09, 2025 | $3.09M | Magna International, Bajaj Auto |
| Series B | Jul 06, 2025 | $7.98M | Unknown |
| Series C | Apr 22, 2025 | $100.0M | Unknown |
Founders
No founder information available.
Investors
Bajaj Auto
Corporate
Magna International
Corporate Venture Capital
Recent Mentions
Bengaluru-based electric mobility startup Yulu is in discussions with a clutch of investors and institutions to raise $100 Mn in its Series C funding round. “The planned fundraise of $100 Mn will comprise a mix of debt and equity. The funding will enable us to expand our fleet https://t.co/kRmF761hIo
New Raise 🏛️ Company: Yulu 🔗 Website: https://t.co/l5WWws8n50 📊 Amount: $7.98 Million (INR 70 Cr) 🔄 Round: Series B 🧮 Valuation: $210 Million ⚙️ Industry: Transportation & Logistics
#Update Electric mobility startup Yulu(@YuluBike) has secured an additional INR 25.7 crore in Series B funding from Canadian auto parts maker Magna International. This latest investment follows a INR 160 crore fundraise in February 2025, which also included Bajaj Auto. The https://t.co/5SNT5TgMPQ
#Update Electric mobility startup Yulu has secured an additional INR 25.7 crore in Series B funding from Canadian auto parts maker Magna International. This latest investment follows a INR 160 crore fundraise in February 2025, which also included Bajaj Auto. The funding https://t.co/5HCVymX0fY
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