| Date | Title | Description |
| 01.09.2026 | Yuma Energy raises $35M in Series A from Magna International | Yuma Energy, a battery-swapping venture co-founded by Yulu and Magna International, has raised $35 million in a Series A funding round led by Magna International, the global automotive supplier.
The company said it will use the funds primar... |
| 27.08.2026 | Electric Motorcycle Innovator Secures Major Capital for Growth | Electric motorcycle innovator Matter Motor Works secured $25 million. This funding fuels manufacturing expansion. It targets new product development. The company aims to meet surging demand. Its AERA model features unique geared transmissio... |
| 27.08.2026 | The/Nudge launches Rs 250 Cr TILT fund for early-stage impact startups | The/Nudge Foundation has launched TILT, its first impact investment platform, with a corpus of Rs 250 crore to invest in science and technology-led businesses.
The fund is backed by the Livelihood Impact Fund, along with prominent entrepren... |
| 25.08.2026 | EV startup MATTER raises $25M to scale electric motorcycle business | MATTER Motor Works, the electric motorcycle startup behind the AERA platform, has raised $25 million (~Rs 240 crore), in growth capital from existing investors.
The round includes Helena, a global problem-solving organisation with a venture... |
| 22.08.2026 | Indian startups raised over $469 million from August 17 to August 22, 2026; Wispr Flow tops the list | Between August 17 to August 22, 2026, as many as 20 Indian startups from diverse sectors raised over $469.8 million in funding from investors. That is 94% up week-on-week from $242.55 million recorded in the previous week, when Yulu topped ... |
| 21.08.2026 | Indian startups raised over $242 million from August 10 to August 15, 2026; Yulu tops the list | Between August 10 to August 15, 2026, as many as 13 Indian startups from diverse sectors raised over $242 million in funding from investors. That is 4% down week-on-week from $252 million recorded in the previous week, when River Mobility r... |
| 16.08.2026 | Venture Capital Shifts to Hard Tech, Deep Impact | Venture capital shifts focus. Hard tech and vertical AI dominate recent funding. Form Energy leads with $750M for iron-air grid batteries, addressing critical energy infrastructure needs. Lovable secures $400M for AI coding, showcasing dema... |
| 15.08.2026 | From Yulu To Discovered Materials — Indian Startups Raised $140 Mn This Week | SUMMARY
Indian startups raised $139.5 Mn between Aug 10 to 14, marking a 44% decline from $247.4 Mn raised in the preceding week.
Cleantech led India’s startup funding activity at a sectoral level for the second consecutive week, at the beh... |
| 14.08.2026 | (Weekly funding roundup Aug 8-14) Tepid VC inflow but Yulu provides relief | Venture capital (VC) funding into Indian startups witnessed a sharp drop in the second week of August, with the only consolation being the $93 million raised by mobility startup Yulu.
The total VC funding of $323 million last week gave some... |
| 12.08.2026 | Yulu Bags $93 Mn To Scale EV Fleet, Enter Full-Size Electric Scooter Segment | SUMMARY
Yulu’s Series C funding round comprised a mix of $30 Mn in debt and $63 Mn in equity funding led by GEF Capital Partners.
The fundraise gives Yulu fresh capital to expand its capital-intensive EV leasing business amid growing demand... |
| 12.08.2026 | Venture Capital & Startup Funding Roundup, August 12, 2026: Coatue, Franklin Templeton, CapitalG, Menlo Ventures, Sequoia Capital & More | The day’s deals underscore one clear theme: venture capital continues to pour into fundamental infrastructure and vertical AI playbooks, not consumer fluff. A massive $750M infusion into Form Energy’s iron-air battery plant leads the charge... |
| 12.08.2026 | Bengaluru-based Yulu raises $93 million in funding as it prepares for potential IPO | Indian electric mobility startup Yulu has raised $93 million in Series C funding as it seeks to expand its fleet and prepare for a potential stock market listing.
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The Bengaluru-based startup said the funding comprised $63 milli... |
| 12.08.2026 | EV mobility service startup Yulu raises $93M led by GEF Capital | Electric mobility-as-a-service (MaaS) startup Yulu has raised $93 million in a Series C funding round. The total includes equity of $63 million, led by GEF Capital Partners, with the remaining $30 million raised via debt.
According to Yulu,... |
| 12.08.2026 | Electric mobility startup Yulu raises $93 million in equity, debt to expand EV fleet | Synopsis
The Bajaj Auto-backed company said it will increase its active fleet to 200,000 electric vehicles over the next two years, expand service hubs and deepen partnerships with enterprises. It did not disclose the lenders, its valuation... |
| 12.08.2026 | Yulu raises $93 mn in Series C funding round, plans to scale EV fleet to 2 lakh | - |
| 05.12.2025 | Yulu Cuts Its FY25 Loss By 12% To INR 126 Cr, Revenue Doubles YoY | SUMMARY
Yulu cut its FY25 loss by 12% to INR 126 Cr from INR 142.8 Cr loss incurred in the previous fiscal year
The Bengaluru-based soonicorn clocked an operating revenue of INR 237.4 Cr in the fiscal year, up 98% from INR 119.9 Cr in the p... |
| 12.07.2025 | LetsVenture enters growth-stage investment market, rebrands to LVX | LetsVenture, a Bengaluru-based venture capital firm, has strategically evolved from its early-stage beginnings by rebranding as LVX as it enters the growth-stage investing space.
In addition to providing investor education and alternative f... |
| 11.07.2025 | LetsVenture Rebrands as LVX As part of its rebranding, LVX will operate through three verticals: LVX Start for early-stage funding, LVX Grow for scaling startups, and LVX School for investor and found... | Bengaluru-based investment firm LetsVenture has officially rebranded itself as LVX, marking a strategic expansion into growth-stage funding. The move reflects the company's goal to evolve into a full-lifecycle investment platform, supportin... |
| 08.07.2025 | Yulu Raises INR 25.7 Cr from Magna in Series B Round The funding arrives at a key moment for the Bengaluru-based company, which is witnessing strong demand for its electric two-wheelers, especially in... | Electric mobility startup Yulu has raised INR 25.7 crore in a Series B funding round from Canadian auto parts maker Magna International.
The latest investment was made through the allotment of 1,826 Series B3 Compulsory Convertible Preferen... |
| 22.04.2025 | Yulu in talks with investors and institutions for $80M fundraise | Electric mobility startup Yulu is reportedly in talks to raise $75-80 million to capitalise on quick commerce growth.
The development was first reported by Economic Times.
According to the report, the company is eyeing a mix of debt and e... |
| 22.04.2025 | [Update] Yulu In Talks To Raise $100 Mn | SUMMARY
The Bengaluru-based startup is in discussions with a clutch of global impact funds and private equity investors for the fresh fundraise
Yulu plans to deploy the proceeds to capitalise on its quick commerce growth
The upcoming fundin... |
| 27.01.2025 | Construction job rather than office work? A look at jobless youth in Asia’s biggest nations | Listen
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JAKARTA/DELHI/BEIJING: Tarismaul “Aris” Pinki, 24, spends his days in the gruelling heat of Yogyakarta, Indonesia, scooping wet plaster with a trowel,... |
| 15.01.2025 | Yulu Bikes eyes growth in non-metro towns with franchise model | Our franchise model has already been implemented in six cities, and in total, we anticipate having our presence in around 30 to 40 cities covering a wide range of use cases, from moving people to the quick commerce mode and beyond,” the Yul... |
| 30.11.2024 | Zomato's Food Rescue: A Double-Edged Sword in India's Fight Against Food Waste | In a world where food waste is a growing concern, Zomato, India's largest food delivery app, has taken a bold step. The company has launched a new feature called Food Rescue. This initiative aims to tackle the staggering food waste problem ... |
| 29.11.2024 | Yulu Rides on Quick Commerce to Drive Growth and Profitability Shared electric mobility provider Yulu has been riding on the rise of the hyper-local quick commerce segment in India to drive growth and... | Shared electric mobility provider Yulu has been riding on the rise of the hyper-local quick commerce segment in India to drive growth and profitability. Nearly 70 per cent of its business currently comes from the quick commerce segment, whi... |
| 24.11.2024 | Investments into electric two-wheeler segment dips | The investments into the electric two-wheeler segment has witnessed a year-on-year dip in 2024. According to data sourced by businessline from Tracxn, a market intelligence and analytics platform, the electric two-wheeler industry received ... |
| 07.10.2024 | Yulu Turns EBITDA Positive, Breaches $30 Mn ARR On Rising Quick Commerce Demand | SUMMARY
Yulu claims to have crossed ARR of $30 Mn and also turned EBITDA positive on the growing demand for quick commerce and food delivery services as well as supportive government policies.
Currently, Yulu has a fleet of over 40,000 elec... |
| 07.10.2024 | Yulu surpasses $30 million ARR, becomes Ebitda profitable | Shared electric vehicle mobility firm Yulu’s annual recurring revenue (ARR) has crossed $30 million. The company turned Ebitda positive on growing demand from the quick commerce segment, food delivery services, and policy tailwinds.
Yulu, w... |
| 04.10.2024 | Tech Solutions for Traffic Woes: Mohandas Pai Proposes Digital Twin to Decongest Cities Former Infosys CFO and Chairman Mohandas Pai at Aarin Capital called for taking advantage of technology and crea... | Former Infosys CFO and Chairman Mohandas Pai at Aarin Capital called for taking advantage of technology and creating a digital twin for Bengaluru to assess and study the city's traffic woes at the Move In Sync Mobility Symposium 2024.
Pai a... |
| 23.08.2024 | Kinetic Green Changes ‘Zulu’ Bike Name Slightly In Settlement With Yulu In India | Earlier this year, we discussed a trademark infringement suit in India between two eBike companies. One was Yulu, which operates the kind of eBike rental stations you can find in all kinds of cities throughout the world. The other was Kinet... |
| 04.06.2024 | Shared EV-mobility platform Yulu’s ride data can help authorities identify infrastructure flaws | Yulu, an electric Mobility as a Service (MaaS) platform, can utilise its data collected during vehicle usage to help concerned government agencies identify faulty road infrastructure and assist them with urban development projects.
The elec... |
| 29.05.2024 | EV incentive scheme FAME 3 to roll out with Rs 10,000 crore outlay | - |
| 22.05.2024 | Affordable mass electric vehicles key to unlocking demand in Indian market | - |
| 08.04.2024 | How E2W Adoption In Tier 2 And 3 Cities Can Be Boosted Further Despite the growing demand of electric two-wheelers (E2Ws) in the Tier 2 and Tier 3 cities, the penetration is low and there several chal... | - |
| 04.04.2024 | Yulu launches franchise partner-led model for shared mobility in Indore | Yulu’s Indore launch showcases an industry-first franchise partner-led model for democratising shared mobility in India. |
| 03.04.2024 | Yulu partners with Yuva Mobility to launch its e2W service in Indore | Yulu, a shared electric two-wheeler mobility provider, has launched its services in Indore, Madhya Pradesh. Yulu has partnered with a local firm, Yuva Mobility, to operate its electric vehicles (EVs) in the city. This marks the first time Y... |
| 01.04.2024 | Gautam Adani's APSEZ cargo grows 24% at 420 million tonnes in FY24 | Gautam Adani-owned Adani Ports and Special Economic Zone (APSEZ) – India’s largest port operator – handled 420 million metric tonnes (mmt) of cargo in the financial year 2023-24, registering a significant 24 per cent growth, the company sai... |
| 01.04.2024 | India is our top priority market this year: President, Asia Pacific, Hilton | With a sustained boom in domestic travel, global hospitality giant Hilton is set to triple its footprint in India by 2027. In an exclusive interview with Business Standard’s Akshara Srivastava, Alan Watts, president, Asia Pacific, Hilton, t... |
| 01.04.2024 | Setting the pace: Ola Electric sees momentum continuing after record March | Led by Ola Electric, which registered an industry record of 53,186 vehicles in March, electric two-wheeler (e2W) penetration hit a record at 8.91 per cent — the highest ever for a month (based on Vahan data).
The company’s Chief Marketing O... |
| 24.02.2024 | Yulu's $19 Million Boost: Accelerating Growth and Innovation | Yulu, the electric two-wheeler company, has secured a hefty $19 million from investors Magna and Bajaj Auto. This injection of capital will fuel Yulu's expansion plans, allowing them to soar to new heights in the mobility market. With a foc... |
| 24.02.2024 | From Rentmojo To Yulu – Indian Startups Raised $110 Mn This Week | SUMMARY
Indian startups raised $110.4 Mn this week across 15 deals
Online furniture rental startup Rentomojo secured $25 Mn in its Series D and D1 round, making it the biggest fund raise of the week
Fintech SaaS startup Signzy acquired frau... |
| 24.02.2024 | Electric two-wheeler startup Yulu raised $19.25 M from Magna, Bajaj Auto | The electric two-wheeler startup Yulu has raised $19.25 million (roughly Rs 160 crore) in equity funding from Magna and Bajaj Auto Ltd., two current investors.
According to a press release from the company, Yulu will be able to continue its... |
| 23.02.2024 | Yulu raises $19.25 Mn from Magna, Bajaj Auto | Yulu, an electric two-wheeler company, has raised $19.25 million (about Rs 160 crore) in equity funding from existing investors Magna and Bajaj Auto Ltd.
The additional capital will enable Yulu to maintain its growth streak and will strengt... |
| 23.02.2024 | Yulu raises $19.25 million led by existing investors Magna and Bajaj Auto | Yulu, a shared electric two-wheeler mobility company, has raised $19.25 million via further issuance of shares to existing investors Magna and Bajaj Auto Ltd.
The company will use the capital raised to maintain its growth streak and strengt... |
| 23.02.2024 | Yulu raises $19 million from Magna and Bajaj Auto, eyes expansion & new product launch | - |
| 23.02.2024 | Magna, Bajaj Auto invest $19m in Yulu and India deals worth $75m | Bengaluru-based shared electric two-wheeler mobility company Yulu has raised $19.25 million in an equity round from returning investors Canadian auto-parts manufacturer Magna and Bajaj Auto Limited. |
| 22.02.2024 | Yulu raises $19.25 mn from Magna and Bajaj Auto, eyes expansion & new product launch | Yulu e-bikes
Shared mobility services provider Yulu Bikes has raised $19.25 million (about Rs 160 crore) from existing strategic investors Magna and two-wheeler maker Bajaj Auto, with which it has a strategic partnership to develop electric... |
| 13.01.2024 | Electric mobility startup Yulu raised Northern Arc led Rs 25 Cr Debt funding | Yulu, an electric mobility startup, has obtained a debt of Rs 25 crore from Northern Arc Capital, a non-banking financial company located in Chennai.
According to a document obtained from the Registrar of Companies, Yulu Bikes’ board has ap... |
| 28.04.2023 | Yulu launches its first personal electric two-wheeler priced at ₹55,555 | Shared electric mobility company Yulu launched its first personal electric two-wheeler, Yulu Wynn, for a limited-period price of ₹55,555. After the introductory period, the two-wheeler will be available at a price of ₹59,999.
The company ha... |
| 14.11.2022 | Yulu secures $9 million from US International Development Finance Corporation | Yulu management team (from left) Anuj Tewari, Naveen Dachuri, Amit Gupta and RK Misra.
Bajaj Auto-backed shared electric mobility firm Yulu has raised $9 million through debt financing from US International Development Finance Corporation (... |
| 14.09.2022 | Yulu Claims Revenue Up 3X From Pre-Covid Levels, $6 Mn ARR As Delivery Biz Grows | Yulu has been able to grow its revenue 3X from pre-Covid on the back of better utilisation rate, more usage of the bikes, and change in customer mix, Amit Gupta told Inc42
Yulu is looking at expanding its offerings to 3-4 more cities, and b... |
| 14.09.2022 | Yulu Raises $82 Million Equity Funding to Ramp Up Mobility, Battery Swapping Businesses | - |
| 13.09.2022 | Yulu secures $82 million in Series B funding led by Magna International | - |
| 13.09.2022 | Yulu raises $82 million in Series B funding round led by Magna | - |
| 12.09.2022 | Yulu bags $82 million in series B funding led by Magna | Amit Gupta
Tech-driven shared mobility startup Yulu has raised $82 million in its Series B funding round led by Magna International Inc, the company said in a statement on September 12.
Yulu plans to invest the money in product and technolo... |
| 12.09.2022 | Yulu raises $82 mn from Magna Intl, Bajaj Auto, others | Yulu raises $82 mn from Magna Intl, Bajaj Auto, others
Premium Amit Gupta, co-founder and chief executive officer, Yulu. 2 min read . Updated: 12 Sep 2022, 08:42 PM IST Aman Rawat
Yulu plans to use the funds to strengthen its product and te... |
| 12.09.2022 | Yulu raises $82 million from Canada’s Magna for fleet expansion, battery network | ETtechAmit Gupta, Cofounder & CEO Yulu (right) and Matteo Del Sorbo, EVP Magna International
Yulu Bikes, which offers small electric two-wheelers on rent, on Monday said it has raised $82 million (about Rs 653 crore) from investors led ... |
| 12.09.2022 | EV startup Yulu raises $82 Mn in Series B round | Electric mobility startup Yulu has secured $82 million in equity funding led by US-based Magna International in a Series B funding round with participation from existing investors including Bajaj Auto Limited. This is the first funding roun... |
| 12.09.2022 | Yulu secures $82 million in Series B funding led by Magna International | - |
| 12.09.2022 | EV Startup Yulu Raises USD 82 million In Its Series-B Funding Round Led by Magna International | Tech-driven shared mobility startup Yulu has raised $82 million in its Series B funding round led by Magna International Inc, the company said in a statement on September 12.
The company plans to invest the money in product and technology i... |
| 12.09.2022 | Yulu raises $82 million in Series B funding round led by Magna | Shared mobility startup Yulu has raised $82 million (Rs 653 crore) in a Series B funding round led by mobility technology company Magna International Inc.
With this round of funding, Yulu will strengthen its leadership through product and... |
| 12.09.2022 | Electric mobility startup Yulu raises $82 million in Series B funding | The latest funding round is led by US-based Magna International, with existing investors including Bajaj Auto also participating in the round.
Yulu is one of India’s battery swapping (Battery-as-a-Service) platforms.
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The funds... |
| 09.03.2022 | Electric scooter startup Yulu to raise USD 100 million Funding | Bangalore-headquartered electric two-wheeler startup Yulu is eyeing to raise USD 100 million on March 7, 2022. The fresh funding round will see the participation of both new and existing investors. |
| 10.02.2022 | Shifting Gears: How Startups Are Cleaning Up Transportation In India | By Abhirat Shinde |
| 24.01.2022 | EVs Gear Up for a Breakthrough Year in 2022 | Arjun Joshi
Arjun Joshi is a staff reporter at Mercom India. Before joining Mercom, he worked as a technical writer for enterprise resource software companies based in India and abroad. He holds a bachelor’s degree in Journalism, Psychology... |
| 30.04.2021 | Yulu Bags The BW TechTor Award Twice In A Row | With the beginning of its journey in 2017, Yulu Bikes has been the driving force behind India’s shift in the mobility sector toward more sustainable electric vehicles. With its mission to make mobility affordable, accessible, and available ... |
| 28.03.2021 | Top 10 Electric vehicle startups in India | Introduction: |
| 04.09.2020 | The Future Mobility Scene | Have you ever fantasized about going to a mall, or your friends place by air? Or do you want a flying car just like Harry Potter’s Flying Ford Anglia? Well, it seems that flying cars no longer remain a fantasy. We live in a fast transformin... |
| 22.06.2020 | Mobility firm Yulu raises $3.9 mn in equity funding round led by Rocketship | - |
| 22.06.2020 | [Funding alert] US-based Rocketship leads Rs 30 Cr funding in micro-mobility platform Yulu | Bengaluru-based last-mile micro-mobility platform Yulu on Monday announced that it has raised a fresh funding of Rs 30 crore led by US-based VC firm Rocketship and existing investors.
According to a statement released by the startup, the ne... |
| 22.06.2020 | Micro-mobility startup Yulu raises USD 4 million from US-based Rocketship | Bengaluru-based electric two-wheeler mobility startup Yulu said it has raised USD 4 million led by US-based VC firm Rocketship joined by existing investors. The funding will be used to ramp up research and development.
Yulu said it has rais... |
| 13.12.2019 | Yulu’s valuation surges to Rs 276 Cr during Series A financing round | The last-mile commute has been challenging across the top 10 cities in India because of spurt in traffic, inadequate public transport and poor infrastructure. This problem is getting aggravated with each passing days, but a slew of startups... |
| 27.11.2019 | Daily funding roundup - November 26th, 2019 | TapRm raised $1.5M; Andrena landed $2.6M; Cocoon closed $3M; uLesson picks up $3.M1
TapR: TapRm’s platform aims to launch and scale new beer brands. TapRm has raised $1.5 million in funding led by The Broe Group, with participation from VU ... |
| 26.11.2019 | Yulu receives $8 million funding from Bajaj Auto | Yulu is present in Bengaluru, New Delhi, Pune, Greater Mumbai, and Bhubaneswar
Shared e-mobility service provider Yulu on Tuesday said it has secured $8 million (approximately Rs 57.2 crore) investment from two-wheeler major Bajaj Auto.
As ... |
| 26.11.2019 | Bajaj Auto invests $8 million in e-bike startup Yulu | BENGALURU: Bajaj Auto has invested $8 million as a part of the new ongoing round in Bengaluru-based bicycle and low-speed electric scooter rental startup Yulu in one of the first strategic transactions in the two-wheeler rentals market.
TOI... |
| 26.11.2019 | Indian: Bajaj Auto invests $8m in e-bike rental startup Yulu | Premium
Indian motorcycle maker Bajaj Auto Ltd (BAL) Tuesday said it is investing $8 million in Bengaluru-based bicycle and electric scooter rental startup Yulu.
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| 26.11.2019 | Bajaj invests $8 Mn in Yulu; to manufacture customised e-scooters | Bicycle and electric scooter rental startup Yulu has raised $8 million in a funding round led by Bajaj Auto. The Bengaluru-based startup was in talks to raise a fresh round from Bajaj for the past five months that may go up to $15-20 millio... |
| 25.11.2019 | India’s electric bike rental startup Yulu inks strategic partnership with Bajaj Auto, raises $8M | Yulu, a Bangalore-based electric bike sharing platform that maintains a partnership with Uber, said today it has won the backing of one of the country’s largest automakers.
The two-year-old startup said it has entered into a strategic partn... |
| 09.05.2018 | Interview with the founder of Yulu: We are not just a bike-sharing company | Bike-sharing certainly does not only apply to China. Many Indian companies are now exploring this new business model, with some key similarities and differences between the established Chinese firms such as Ofo and Mobike. Yulu is an Indian... |
| 23.11.2017 | Co-founder of unicorn InMobi is launching a bike-sharing startup in India | Over in India, there are a handful of startups working to get the country’s billion-person population on bikes. One of them is Yulu, co-founded by Amit Gupta, who formerly co-founded profitable, billion-dollar startup InMobi.
In the next th... |
| - | Yulu | “Home - Yulu” |
| - | Electric Vehicles This Week: Indian Govt’s CAFE Policies, Electric Buses In Pak And More | This week, the Indian government has reportedly decided to steer the automobile makes into producing electric vehicles (EV) by updating the corporate average fuel economy (CAFE) norm. CAFE norms are a set of rules and regulations automakers... |
| - | Yulu raises $93 mn in Series C funding round, targets 200,000 EV fleet | - |
| - | Yulu raises $19.25 mn from existing investors Bajaj Auto, Magna | Yulu raises $19.25 mn from existing investors Bajaj Auto, Magna
1 min read 23 Feb 2024, 01:49 PM IST Join us Samiksha Goel
Yulu plans to raise its Series C funding this year to strengthen the mobility-as-a-service segment by deepening exist... |
| - | Bajaj Auto Invests $8 Mn In Micromobility Startup Yulu | Two-wheeler manufacturer Bajaj Auto Limited (BAL) invested $8Mn in the Bengaluru-based micromobility platform Yulu. The announcement that came on Tuesday (November 26) said that Yulu will source from Bajaj electric two-wheelers, which have ... |
| - | Yulu | “Yulu Website” |
| - | Exclusive: Serial Investor Anand Chandrasekaran Reveals Investment in Yulu, Other Startups | Former Facebook executive and angel investor Anand Chandrasekaran is on the prowl. Chandrasekaran has already backed growth-stage startups such as Innov8 and Fynd and has been focussing on AI startups and other innovative ventures that are ... |
| - | Yulu Raises $3.9 Mn Funding Led By Rocketship VC | Bengaluru-based electric vehicle provider Yulu has raised INR 30 Cr ($3.9 Mn) in a fresh equity funding round led by US-based VC firm Rocketship and existing investors.
The company will use the funding to strengthen the mobility platform, t... |
