About Yulu
Yulu is a Transportation, Automotive & Logistics company based in Bengaluru (India) founded in 2017 by Anuj Tewari, R K Misra, Amit Gupta, and Naveen Dachuri. Shared electric two-wheelers are rented via an online platform. Yulu has raised $187.54 million across 12 funding rounds from investors including Angel List, Northern Arc Capital and Akatsuki. The company has 251 employees. Yulu was last valued at $210.42 million in February 2024. Its chief executive, as recorded, is Amit Gupta. Its website yulu.bike draws about 56 thousand monthly visits. Its Indian entity Yulu Bikes Private Limited reported revenue of ₹242 Cr. Its focus areas include Consumer, Road Transport Tech, Vehicle Subscription and Motorized Two Wheeler. Its competitors include Zypp Electric, Fullfily and Hala Mobility; 3 of its 3 listed competitors have raised funding.
Company details
Yulu was founded in 2017 in Bengaluru, India, as an online platform for shared electric two-wheeler rentals. Dockless, low-speed electric bikes are supplied for short-distance urban travel. App-based unlocking and real-time ride tracking are integrated into operations. Battery-as-a-service subscriptions are provided, with services extended to commuters and delivery riders across city environments to address congestion and emissions.
- Headquarters Bengaluru, India
- Employees 251
- Founders Anuj Tewari, R K Misra, Amit Gupta, Naveen Dachuri
- Stage Minicorn
- SectorsTransportation, Automotive & Logistics
- Email••••••••
- Phone•••• ••••
- Website yulu.bike
- Social LinkedIn X Facebook
- Legal Name Yulu Bikes Private Limited
- Date of Incorporation 07 Aug, 2017
- Jurisdiction Bangalore, Karnataka, India
- Annual Revenue₹242 Cr
FY 2025 · +97% YoY
- Net Loss-₹126 Cr
FY 2025 · -52% margin
- EBITDA-₹36.22 Cr
FY 2025 · -15% margin
- Total Equity Funding$187.54M (USD)
in 12 rounds
- Latest Funding Round$30M (USD), Debt – Conventional
Aug 2026
- InvestorsAngel List
& 24 more
- Employee Count251
Associated legal entities of Yulu
Yulu operates through Yulu Bikes Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Yulu Bikes Private Limited CIN U77210KA2017PTC105368 | Active | 07 Aug 2017 | Bangalore, Karnataka | ₹242 Cr | 251 | 5 | View details |
Funding Insights of Yulu
Yulu has successfully raised a total of $187.54M across 12 strategic funding rounds. The most recent funding activity was a Debt – Conventional round of $30 million completed in August 2026. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $187.54M
- Total Rounds 12
- Last Round Debt – Conventional — $30M
- First Round $4.36M
(Jul 2018)
- Investors Count 25
Latest 10 of 12 funding rounds of Yulu with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug 2026 | $30M | Debt – Conventional | – | – | – |
| Aug 2026 | $63M | Series C | – | GEF Capital Partners | – |
| Jul 2025 | $3M | Series B | – | – | |
| Feb 2024 | $19.25M | Series B | $210.42M | Bajaj Auto, Magna | – |
| Jan 2024 | $3.01M | Debt – Conventional | – | – | |
| Nov 2022 | $9.06M | Debt – Conventional | – | – | |
| Sep 2022 | $83M | Series B | – | Magna | |
| Dec 2021 | $7M | Debt – Conventional | – | – | |
| Jun 2021 | $2.51M | Series A | $83.31M | Bajaj Auto | – |
| Jun 2020 | $3.94M | Series A | $••••• | Rocketship |
| Date | Valuation | Stage |
|---|---|---|
| Feb 2024 | $210.42M | •••••••• |
| Jun 2021 | $83.31M | •••••••• |
| Jun 2020 | $••••• | •••••••• |
| Nov 2019 | $••••• | •••••••• |
| Jul 2018 | $••••• | •••••••• |
Full valuation and stage history of Yulu
Every valuation point, the growth-stage changes (minicorn, soonicorn, unicorn) and the dates behind them require an active premium plan.
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Last known valuation $210.42M (Feb 2024). 25 investors in total: 16 institutional and 9 angel.
Investors in Yulu
Yulu has secured backing from 25 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include Angel List, Northern Arc Capital and Akatsuki.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Government agency supporting the development of SMEs | 2019 | dfc.gov | ||
Rocketship.vc is engaged in data mining and startup investment. | rocketship.vc | Los Altos, United States | ||
Venture capital investments in technology sectors like SaaS and Fintech in India. | 2016 | 3one4capital.com | Bengaluru, India | |
Seed and early-stage investments are made across sectors in India. | blume.vc | Mumbai, India | ||
Investments in early-stage technology companies are made by Wavemaker Partners. | 2003 | wavemaker.vc | Los Angeles, United States | |
Venture capital fund investing in early-stage tech startups | 2016 | incubatefund.in | Tokyo, Japan | |
Early-stage investment and support for technology companies. | 2013 | tracxnlabs.com | Bengaluru, India | |
| gefcapital.com | ||||
Bikes, mopeds, and three-wheelers are manufactured as core products. | 1945 | bajajauto.com | Pune, India | |
Automotive components are manufactured and supplied to OEMs. | 1957 | magna.com | Aurora, Canada |
Investor details for Yulu
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Board of directors of Yulu Bikes Private Limited (Yulu)
Yulu Bikes Private Limited is the primary company behind Yulu. The board of Yulu Bikes Private Limited currently have 4 directors; the longest-serving is Amit Gupta, appointed in 2017. 4 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Amit Gupta DIN 00698048 | Director | 07 Aug 2017 | 9 yrs 2 mo | Yulu Bikes Private Limited |
| Naveen Dachuri DIN 08432847 | Director | 30 Apr 2019 | 7 yrs 5 mo | Yulu Bikes Private Limited |
| Eric Arvind Cyril Vas DIN 00646119 | Nominee Director | 07 Dec 2019 | 6 yrs 10 mo | Yulu Bikes Private Limited |
| Matteo Del Sorbo DIN 09683937 | Director | 14 Sep 2022 | 4 yrs 1 mo | Yulu Bikes Private Limited |
People of Yulu
43 people are tracked at Yulu (16 in leadership, 27 in team); the tracked headcount is 251.
| Name | Role | Group |
|---|---|---|
Anuj Tewari | Co-Founder & CFO | Leadership |
R K Misra | Co-Founder | Leadership |
| Co-Founder & CEO | Leadership | |
| Co-Founder & CTO | Leadership | |
Aakshit Khurana | Cluster Head | Leadership |
Neeraj Kumar | Business Head | Leadership |
Sri Vaishnavi | Associate Director - Talent Acquisition & People Operations | Leadership |
Rohit Seth | Director Yumove | Leadership |
Ankit Taparia | Head Of Marketing | Leadership |
Rupini Raman | Head Of Human Capital | Leadership |
Manjunath Athrey | Head Of Engineering | Leadership |
Ca. Chetan Bbhasin | Associate Director Of Finance | Leadership |
Varun Pillai | Head - Bizdev Partnerships & Expansion Strategy | Leadership |
Akshay Jain | Associate Director Of Finance | Leadership |
Samarjitsinh Waghela | Associate Director - EV Design | Leadership |
Swaroop Kanaparthi | Head Of Talent Management | Leadership |
Abhijeet Mishra | Backend Developer | Team |
Sumit Kumar | Sde(android) | Team |
Nikhil Menon | Senior Manager: Strategic Communications & PR | Team |
Shubham Kumar Sinha | City Demand Associate Manager | Team |
23 more people are available in the full profile.
Complete people profiles for Yulu
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Financials of Yulu
Figures of Yulu Bikes Private Limited, the primary company behind Yulu, for FY 2025. Revenue was ₹242 Cr (+97% year on year). Net loss was -₹126 Cr (-52% margin). EBITDA was -₹36.22 Cr (-15% margin). Revenue has grown at a compounded annual rate of +84% over five years.
- ₹242 CrRevenue · FY 2025 · +97% YoY
- -₹126 CrNet loss · -52% margin
- -₹36.22 CrEBITDA · -15% margin
- ₹60.6 LakhPaid-up capital
- 251Employees (provident fund records)
- +84%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Yulu Bikes Private Limited are on its company page.
Detailed financial statements for Yulu
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Timeline of Yulu
4 dated milestones of Yulu across 9 years, from founding to its latest funding, stage changes and deals.
- Founded Yulu is founded.
- Funding First funding round of $4.4M.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Debt – Conventional, of $30.0M.
Competitors of Yulu
Yulu has 3 listed competitors in our database, 3 of them funded. They include Zypp Electric, Fullfily and Hala Mobility.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| zypp.app | 2017 | Gurugram, India | $50.34M | 913 | Electric vehicles are supplied for last-mile delivery and rental needs. | |
| fullfily.com | 2021 | Chennai, India | $1.78M | 79 | Electric delivery vehicles are rented via an online platform. | |
| halamobility.in | 2020 | Hyderabad, India | $11.19M | 24 | Electric mobility solutions are offered via rentals and financing options. |
Detailed competitors of Yulu
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Web traffic of Yulu
The website of Yulu (yulu.bike) receives about 55.7K visits a month.
- Monthly visits55.7K
▼ 8.3% vs previous month
Websites whose visitors overlap most with Yulu. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| komaki.in | 100% | 99.1K | #352,188 | View details | |
| bykemania.com | 100% | 101K | #265,782 | View details | |
mobycy.com | mobycy.com | 100% | #2,834,094 | – | |
| thegoldenestate.com | 100% | 7.8K | #3,007,582 | View details | |
| moneymint.com | 100% | 76.6K | #505,004 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 13 similar websites and full traffic analytics for Yulu
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 13 similar websites
- Audience overlap
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Top companies in Electric & Green Mobility
3 companies that operate in the same segment as Yulu (Electric & Green Mobility) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Electric ride-hailing and cab services are provided via mobile app. | 2019 | Mumbai, Maharashtra, India | USD 168.52 M | |||
Manufacturer of electric scooters, charging infrastructure, smart helmets, and accessories | 2013 | Bengaluru, Karnataka, India | USD 502.02 M | USD 391.37 M | 1,917 | |
All-electric commercial vehicles and fleet management tools are offered. | 2018 | Delhi, Delhi, India | USD 261.04 M | USD 6.31 M | 447 |
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Related news about Yulu
Complete news archive for Yulu
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Articles about Yulu on our blog
Frequently Asked Questions about Yulu
Yulu was founded in 2017 and raised its 1st funding round 1 year after it was founded.
Yulu is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Amit Gupta is the CEO of Yulu, as recorded in our data. They have also founded this company.
Yulu is a funded company, having raised a total of $187.54M across 12 funding rounds to date. The company's 1st funding round was a Series A of $3.94M, raised on Jul 2018.
Yulu has 251 employees.
The primary company behind Yulu, Yulu Bikes Private Limited, reported revenue of ₹242 Cr for FY 2025, up 97% year on year.
Yulu was founded in 2017 in Bengaluru, India, as an online platform for shared electric two-wheeler rentals. Dockless, low-speed electric bikes are supplied for short-distance urban travel. App-based unlocking and real-time ride tracking are integrated into operations. Battery-as-a-service subscriptions are provided, with services extended to commuters and delivery riders across city environments to address congestion and emissions.
Yulu's top competitors include Zypp Electric, Hala Mobility and Fullfily.
Yulu has 25 investors. Key investors include Angel List, Northern Arc Capital, Akatsuki, Magna International, and Wellfound.
The valuation of Yulu is $210.42M as of Feb 2024.
Yulu operates through Yulu Bikes Private Limited.
The legal entities of Yulu currently have 5 directors, including Eric Arvind Cyril Vas, Naveen Dachuri, Matteo Del Sorbo and others.