Yulu Signs MoU With Government of Karnataka to Invest 1200 Cr to Deploy 1 Lakh EVs

The government of Karnataka and Bengaluru’s electric mobility startup Yulu have struck an agreement for the company to spend Rs. 1200 crore in the state. According to the agreement, over the next five years, Yulu will deploy a fleet of 1 lakh electric vehicles and operationalize the state’s largest EV battery charging and swapping infrastructure. […]

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RattanIndia Acquires 100% Stake in Electric Bike Manufacturer Revolt

Thermal power producing plant developer RattanIndia Enterprises Ltd announced that it is purchasing the remaining shares (owner of 100% stake) of electric motorcycle, bike manufacturer Revolt Motors at a time when environmentally conscious consumers are looking for alternatives to conventional vehicles. RattanIndia did not specify the size of the deal, although its shares rose 10% […]

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EV Startup Yulu Secures $82 Mn in Series B Round

Bengaluru’s electric mobility startup Yulu has secured $82 million in equity funding, which was led by USA’s Magna International in a Series B funding round. The  funding round saw participation from investors, which also included Bajaj Auto Limited. Notably, Yulu boasts of a strategic partnership with Bajaj Auto and the two companies have been working […]

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Yulu Unveils ‘India’s 1st AI Battery Charging/Swapping Solution for 2W EV

E-mobility service provider Yulu is adding a network of battery charging and swapping stations named ‘Yulu Max Network’, the company announced recently. The Max Network will help EV users swap their batteries with zero downtime and reduce their range anxiety. This will be India’s first AI-powered, vertically integrated battery infrastructure for electric 2-wheelers, claims Yulu. […]

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Yulu, Adani Partner to Provide 24×7 Battery Charging Access in Mumbai

Bengaluru-based e-mobility service provider Yulu has partnered with Adani Electricity Mumbai Limited (AEML), one of the key Mumbai discoms, with the mutual objective of working towards building a sustainable city by reducing traffic congestion and air pollution in Mumbai. With this collaboration, Yulu will have access to multiple AEML premises across Mumbai, and will work […]

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After Gurugram, E-bike Startup Yulu Starts Operations in Mumbai

Yulu as part of its MoU with MMRDA on January 31, 2020, is providing a total of 500 e-bikes at 25 different locations across Mumbai. Bengaluru-based electric bike-sharing platform Yulu has started its services in and around BKC, and Bandra East and Kurla stations in Mumbai. Backed by Bajaj Auto, the two-year-old startup had entered […]

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Yulu Partners With Vatika Group, Brings E-mobility Solutions to Gurugram

Yulu has announced a partnership with the Vatika Group to provide its e-mobility solutions within Vatika’s residential and integrated townships in Gurugram. Yulu, one of India’s leading e-mobility service providers has announced a partnership with the Vatika Group – a Gurugram-based leading real estate developer. Under the new partnership, Yulu services will be available within […]

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Yulu Secures Rs 30 Crore Funding Led by VC Firm Rocketship

EV micro-mobility service provider Yulu has secured a fresh infusion of Rs 30 crores in equity funding led by US-based Rocketship and existing investors. Electric micro-mobility service provider Yulu recently announced that it has secured a fresh infusion of Rs 30 crores in equity funding led by US-based VC firm Rocketship and existing investors. The new investment received during the COVID-19 crisis, […]

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Yulu Wants to Solve Public Transport’s Greatest Problem in India: Amit Gupta

At a time when the crisis in auto sales has everyone’s attention, Yulu, the Bengaluru based firm focused on micro mobility couldn’t care less. In a discussion with Group Editor Prasanna Singh, Yulu’s CEO Amit Gupta discusses the firm, its experience so far with electric mobility and its hopes. For Yulu’s Co-Founder and CEO Amit […]

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