Yulu

Yulu is a leading shared and sustainable micro-mobility platform to reduce traffic congestion and air pollution and has its fleet of human-powered bicycles (Yulu Move) and lightweight electric two-wheelers (Yulu Miracle) powered by innovation technologies like IoT, ML and AI.

Mobility / Transportation, Technology

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Basic Information

YULU is a leading shared and sustainable micro-mobility platform to reduce traffic congestion and air pollution. Bengaluru based Yulu's mission is to create sustainable cities of tomorrow by revolutionising the way people commute through its human and battery-powered vehicles that uses innovative technologies like IoT, ML & AI. Yulu runs its operations currently in Bangalore, Delhi, Pune, Greater Mumbai, and Bhubaneswar, having the largest fleet of human-powered bicycles (Yulu Move) and lightweight electric two-wheelers (Yulu Miracle). Yulu is building the largest EV ecosystem of India and is committed to providing smart, shared, sustainable and seamless mobility solutions with better accessibility and affordability.

Legal Name

Yulu Bikes Pvt Ltd

Headquarters

Bengaluru, Karnataka, India

Business Model

B2C

Founding Date

Aug 2017

No. of Employees

101 to 150

Core Team

Amit Gupta

Co-Founder & Chief Executive Officer

Naveen Dachuri

Co-Founder & Chief Technology Officer

Hemant Gupta

Co-Founder & Chief of Operations

RK Misra

Co-Founder

Timeline

2017

Jul | Company Incorporation

Yulu provides an eco-friendly UMaaS - Urban Mobility as a Service which is an affordable, sharable and scalable solution commute option for the first mile, last mile, and short distance commute.

Jul | Founding Team Hired

Amit Gupta, R.K.Misra, Naveen Dachuri, Hemant Gupta collectively working together to make India sustainable and EV-fied

Revenue Stream

Renting / Leasing

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Target Market

B2B

With an aim to address the rising air pollution and traffic congestion in India, Yulu was founded in 2017. Yulu provides an eco-friendly UMaaS - Urban Mobility as a Service which is an affordable, sharable and scalable solution commute option

Client Segment

Technology, Mobility / Transportation

Target Companies

Startup, Large Enterprise, Medium Enterprise, Small Enterprise

Target Geography

India Tier 1, India Tier 2

B2C

With more than 14,000 eco-friendly vehicles and 1.8 Mn users, Yulu runs Indias largest EV led micro-mobility platform. Yulu's mission is to create sustainable cities of tomorrow by revolutionizing the way people commute

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

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Funding

Total Funding

$20.0M

Investors

3one4capital