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Yulu

663

Shared electric micro-mobility platform.

Micro-Mobility
Micro Mobility
Active

Founded

2017

Team Size

400

Total Funding

₹175 Cr

Valuation

₹830 Cr

About

Shared electric micro-mobility platform.

Unique Selling Proposition

Core Differentiator

IoT-enabled electric two-wheelers integrated with metro and public transit systems for first-last mile connectivity in Indian cities

Target Market

Urban commuters in Tier 1/2 Indian cities seeking affordable, eco-friendly short-distance transport

Key Innovation

Purpose-built electric vehicles with keyless access, geofencing, and battery swapping infrastructure tailored for Indian conditions

Competitive Moats
⚖️Regulatory
Medium

Exclusive partnerships with metro authorities and municipal bodies for designated parking zones and integration

🌐Network Effects
Medium

Growing density of vehicles in operational zones increases availability and reduces wait times

💰Cost Advantage
Weak

In-house vehicle design and battery swapping infrastructure reduces per-trip operational costs

Funding Snapshot
Free preview

₹49.8 Cr

Total Raised

2

Rounds

Series B

Latest · Jun 28, 2024

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Full Funding History

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Funding History

Latest Round

2022-01-01

₹49.8 Cr

Investors

Various Investors

Series B

Jun 28, 2024

N/A

Details

Location

Bengaluru, Karnataka

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Financial Metrics

Growth Rate

74%

Funding Rounds

2

VedAI Score
663/1000
Developing