About Yulu
Yulu is a company based in Bengaluru (India) founded in 2017 by Anuj Tewari, R K Misra, Amit Gupta, and Naveen Dachuri. Yulu has raised $124.54 million across 10 funding rounds from investors including Angel List, Northern Arc Capital and Akatsuki. The company has 251 employees as of March 26, 2024. Yulu operates in a competitive market with competitors including Zypp Electric, Fullfily, Hala Mobility, Welectric and Scoo EV, among others.
- Headquarter Bengaluru, India
- Employees 251 as on 26 Mar, 2024
- Founders Anuj Tewari, R K Misra, Amit Gupta, Naveen Dachuri
- Stage Minicorn
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Sectors
Transportation, Automotive & Logistics
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Email
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Phone
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Website
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Social
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- Legal Name Yulu Bikes Private Limited
- Date of Incorporation 07 Aug, 2017
- Jurisdiction Bangalore South, Karnataka, India
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Annual Revenue
$2.14 M (USD)40.68as on Mar 31, 2021
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Net Profit
-$8.26 M (USD)-220.02as on Mar 31, 2021
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EBITDA
-$4.54 M (USD)-60.43as on Mar 31, 2021
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Total Equity Funding
$124.54 M (USD)
in 10 rounds
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Latest Funding Round
$3 M (USD), Series B
Jul 08, 2025
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Investors
Angel List
& 23 more
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Employee Count
251
as on Mar 26, 2024
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People of Yulu
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Software Development Team
13 people
Leadership Team
3 people
Operations Team
3 people
Finance and Accounting
3 people
Human Resources and Administration
3 people
Data Analysis and Operations Team
3 people
Lead Team
2 people
Product Management Team
2 people
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Funding Insights of Yulu
Yulu has successfully raised a total of $124.54M across 10 strategic funding rounds. The most recent funding activity was a Series B round of $3 million completed in July 2025. 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.
Investors in Yulu
Yulu has secured backing from 24 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include Angel List, Northern Arc Capital and Akatsuki.
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Government agency supporting the development of SMEs
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Rocketship.vc is engaged in data mining and startup investment.
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Venture capital investments in technology sectors like SaaS and Fintech in India.
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Investor details for Yulu
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Investments & Acquisitions by Yulu
Investment portfolio details for Yulu
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Financial Statements - Yulu
Detailed financials for Yulu
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Yulu Comparisons
Peer comparison for Yulu
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Competitors of Yulu
Yulu operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Zypp Electric, Fullfily, Hala Mobility, Welectric and Scoo EV, among others.
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Electric vehicles are supplied for last-mile delivery and rental needs.
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Electric delivery vehicles are rented via an online platform.
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Electric mobility solutions are offered via rentals and financing options.
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Multi-brand electric two-wheeler lifecycle solutions are provided.
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Offers electric scooter rental services with comprehensive solutions for urban mobility.
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Detailed competitors of Yulu
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Latest news on Yulu
Complete news archive for Yulu
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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 current CEO of Yulu. They have also founded this company.
Yulu is a funded company, having raised a total of $124.54M across 10 funding rounds to date.
As of Mar 26, 2024, the latest employee count at Yulu is 251.
Annual revenue of Yulu is $2.14M as on Mar 31, 2021.
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 24 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.