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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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
Unlock access to complete
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.
- Total Funding Total Funding
- Total Rounds 10
- Last Round Series B — $3.0M
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First Round
First Round
(23 Jul 2018)
- Investors Count 24
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2025 | Amount | Series B - Yulu | Valuation |
investors |
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| Feb, 2024 | Amount | Series B - Yulu | Valuation | Bajaj Auto , Magna |
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| Jan, 2024 | Amount | Debt – Conventional - Yulu | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Government agency supporting the development of SMEs
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Founded Year | Domain | Location | |
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Rocketship.vc is engaged in data mining and startup investment.
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Founded Year | Domain | Location | |
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Venture capital investments in technology sectors like SaaS and Fintech in India.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Yulu
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Yulu
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Yulu Comparisons
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. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Electric vehicles are supplied for last-mile delivery and rental needs.
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| domain | founded_year | HQ Location |
Electric delivery vehicles are rented via an online platform.
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| domain | founded_year | HQ Location |
Electric mobility solutions are offered via rentals and financing options.
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| domain | founded_year | HQ Location |
Multi-brand electric two-wheeler lifecycle solutions are provided.
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| domain | founded_year | HQ Location |
Offers electric scooter rental services with comprehensive solutions for urban mobility.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Yulu
Frequently Asked Questions about Yulu
When was Yulu founded?
Yulu was founded in 2017 and raised its 1st funding round 1 year after it was founded.
Where is Yulu located?
Yulu is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Who is the current CEO of Yulu?
Amit Gupta is the current CEO of Yulu. They have also founded this company.
Is Yulu a funded company?
Yulu is a funded company, having raised a total of $124.54M across 10 funding rounds to date. The company's 1st funding round was a Debt – Conventional of $3.01M, raised on Jul 23, 2018.
How many employees does Yulu have?
As of Mar 26, 2024, the latest employee count at Yulu is 251.
What is the annual revenue of Yulu?
Annual revenue of Yulu is $2.14M as on Mar 31, 2021.
What does Yulu do?
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.
Who are the top competitors of Yulu?
Yulu's top competitors include Zypp Electric, Hala Mobility and Fullfily.
Who are Yulu's investors?
Yulu has 24 investors. Key investors include Angel List, Northern Arc Capital, Akatsuki, Magna International, and Wellfound.
What is Yulu's valuation?
The valuation of Yulu is $210.42M as of Feb 2024.