India’s Yulu raises $93M as quick-commerce boom fuels e-bike demand
4 sources·Updated August 12, 2026
Yulu funding round
Covered by 4 sources
- YourStory India·3h agoEV mobility service startup Yulu raises $93M led by GEF Capital
Yulu will use this funding round to increase its fleet capacity to 2 lakh electric vehicles and expand service hubs.
Read at YourStory India → - ET Tech·5h agoElectric mobility startup Yulu raises $93 million in equity, debt to expand EV fleet
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 or name any other equity investors in the round.
Read at ET Tech → - Inc42 India·5h agoYulu Bags $93 Mn To Scale EV Fleet, Enter Full-Size Electric Scooter Segment
Electric mobility service provider Yulu has raised $93 Mn (about ₹887.5 Cr) in its Series C funding round led by…
Read at Inc42 India → - TechCrunch·5h agoIndia’s Yulu raises $93M as quick-commerce boom fuels e-bike demand
Yulu aims to have a fleet of 200,000 bikes in the next two years and faster electric two-wheelers, aiming at new logistics use cases.
Read at TechCrunch →
