About Yulu Bikes Private Limited
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Yulu Bikes Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the online rental platforms segment of the e-commerce sector. It was incorporated on 07 August 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U77210KA2017PTC105368. Its GSTIN is 29AAACY9154A1Z9 (Karnataka). The company holds 11 GST registrations, of which 8 are active.
The company has an authorised share capital of ₹1.2 Cr and a paid-up capital of ₹60.6 Lakh. It is led by directors including Naveen Dachuri and Matteo Del Sorbo.
Its last annual general meeting (AGM) was held on 25 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Exora Business Park, Exora Business Park/ Prestige Tech Park II 2nd Floor Wing A, Karnataka.
As per the financials filed for FY 2025, the company reported a revenue of ₹241.88 Cr, a growth of 97% compared to the previous year. For the same year it recorded a net loss of ₹126.01 Cr (net margin -52.1%) and EBITDA of -₹36.22 Cr (EBITDA margin -15%). Revenue has grown at a compounded annual rate (CAGR) of 84% over five years.
The company has about 251 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.
The company is associated with 1 brand: Yulu. As per MCA filings, the company has open charges of ₹116.64 Cr and satisfied charges of ₹30 Cr on record. Court records list 8 cases involving the company, including 5 filed by the company and 3 filed against it; 2 cases are pending. The company has 14 deals on record (8 funding rounds, 2 convertible or debt financings, 2 debt financings), with disclosed funding of ₹1,492.73 Cr; the latest was in August 2026. The company has 6 MSME Form 1 returns on record between 2022 and 2024, listing 26 overdue payments to 10 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website yulu.bike.
Company details
CIN history
Yulu Bikes has one previous CIN (Corporate Identification Number): U74999KA2017PTC105368. The current CIN is U77210KA2017PTC105368, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U77210KA2017PTC105368 | Current |
| U74999KA2017PTC105368 | Previous |
Contact details
Yulu Bikes Private Limited's registered office is in Bangalore, Karnataka. Its website is yulu.bike. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Apps
- Registered AddressExora Business Park/ Prestige Tech Park II 2nd Floor Wing A, Bellandur Khane Village Outer Ring Road Bengaluru – 560103 Karnataka, Bangalore, Karnataka, India – 560103
- IndustryE-Commerce, Online Rental Platforms
To see the full contact details of Yulu Bikes Private Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Business activity
The main business activity of Yulu Bikes is support service to organizations. In detail, this covers rental and leasing of motor vehicles, machinery, equipment, capital goods, etc. activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| N | Support service to Organizations | N1 | Rental and leasing of motor vehicles, machinery, equipment, capital goods, etc. activities |
To see the full business activity and turnover split of Yulu Bikes Private Limited, buy the company report.
Financials of Yulu Bikes Private Limited
FY 2025 filings availableYulu Bikes Private Limited reported revenue of ₹241.88 Cr (up 97% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 84% over five years, including 97% growth in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | -₹36.22 Cr | ||||
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| Net Profit (PAT) | -₹126.01 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -15% | ||||
| Net Profit Margin | -52.1% | ||||
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To see the full financial statements and ratios of Yulu Bikes Private Limited, buy the company report.
Board of directors of Yulu Bikes Private Limited
Yulu Bikes has 4 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Eric Arvind Cyril Vas | Nominee Director | 07 Dec 2019 | 6 Years 10 Months | Current |
| Naveen Dachuri Also directs: Yuzen Mobility Private Limited | Director | 30 Apr 2019 | 7 Years 5 Months | Current |
| Matteo Del Sorbo | Director | 14 Sep 2022 | 4 Years 1 Months | Current |
| Amit Gupta Also directs: Greenfield Ideas Private Limited, Yuzen Mobility Private Limited | Director | 07 Aug 2017 | 9 Years 2 Months | Current |
Auditor
Yulu Bikes Private Limited is audited by Deloitte Haskins & Sells for the financial year 2025.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Deloitte Haskins & Sells | FY 2025 | 008072S |
Shareholding
The shareholding of Yulu Bikes Private Limited is on record for 5 financial years, the latest being FY 2025, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2025 | FY 2024 | FY 2023 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Yulu Bikes Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 23 Feb 2024 | 100870349 | Others | ₹41.63 Cr | Open | |
| 07 Dec 2023 | 100824228 | Others | ₹75 Cr | Open | |
| 31 Jan 2024 | 100934225 | Others | ₹25 Cr | Satisfied | |
| 17 Mar 2021 | 100442576 | Hdfc Bank Limited | ₹5 Cr | Satisfied |
To see the full charge records of Yulu Bikes Private Limited, buy the company report.
Total charge records: 4 View all charges
Deals & funding
Yulu Bikes Private Limited has 14 deals on record (8 funding rounds, 2 convertible or debt financings, 2 debt financings), with disclosed funding of ₹1,492.73 Cr; the latest was in August 2026.
Deals on record (5 of 14)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Aug 2026 | Funding round · Series C | ₹601.15 Cr | Investors: GEF Capital Partners, Other Undisclosed Investors |
| Aug 2026 | Debt financing | ₹286.26 Cr | Investors: GEF Capital Partners, Other Undisclosed Investors |
| Feb 2024 | Debt financing | ₹25 Cr | Investors: Northern ARC Investments |
| Mar 2021 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Nov 2019 | Funding round · Series A | ₹55.2 Cr | Investors: Bajaj Auto Limited. |
To see the full deal history of Yulu Bikes Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Yulu Bikes Private Limited has 8 court cases on record: 5 filed by Yulu Bikes, 3 filed against it. 2 cases are pending and 6 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 2 | 2 |
| High courts | 4 | 1 | 0 |
Cases on record (5 of 8)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court | Arbitration matter | Filed against the company by Kinetic Green Energy and Power Solutions Limited | Disposed |
| High Court | Court case (COMMP) | Filed by the company against Kinetic Green Energy and Power Solutions Limited and 1 other | Disposed |
| District court, BENGALURU, Karnataka | Court case (Com.Misc.) | Filed by the company against Kinetic Green Energy and Power Solutions Limited | Disposed |
| District court, South East, Delhi | Court case (MCD CHL) | Filed against the company by an individual | Pending |
| District court, BENGALURU, Karnataka | Motor accident claim | Filed against the company by an individual | Pending |
To see the full case history of Yulu Bikes Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
Yulu Bikes Private Limited has 6 MSME Form 1 returns on record between 2022 and 2024, listing 26 overdue payments to 10 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 10)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| Vivid Logistics (I) Private Limited | |||
| Moengage India Private Limited | |||
| A to Z Media Private Limited | |||
| an individual supplier |
To see the full MSME payment records of Yulu Bikes Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Yulu Bikes has 1 subsidiary company and 1 associated company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Yuzen Mobility Private Limited | U74110KA2018PTC116319 |
To see the full group structure of Yulu Bikes Private Limited, buy the company report.
Employees & EPFO
Yulu Bikes Private Limited has a workforce of 251 employees on its EPFO records as of Oct 10, 2025, across 1 active EPFO establishment.
GST
Yulu Bikes has 11 GST registrations: 8 active and 3 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAACY9154A1Z9 | Karnataka | Active | 29 Aug 2017 |
| 29AAACY9154A2Z8 | Karnataka | Active | 01 Mar 2025 |
| 27AAACY9154A1ZD | Maharashtra | Active | 21 Aug 2018 |
| 21AAACY9154A1ZP | Odisha | Active | 30 Jul 2019 |
To see the full GST registrations and return filing status of Yulu Bikes Private Limited, buy the company report.
Recent activity
Yulu Bikes Private Limited has 8 board changes on record since 2017: 5 appointments and 3 cessations. The latest: Anuj Tewari was appointed as CFO on 01 Apr 2023.
7 earlier events are in the company report.
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Frequently asked questions
Yulu Bikes is an active private limited company based in Bangalore, Karnataka, India. The company works in online rental platforms, within the e-commerce industry. It was incorporated on 07 August 2017 (9+ years old) and is registered under CIN U77210KA2017PTC105368.
Yulu Bikes has 4 current directors:
- Eric Arvind Cyril Vas - Nominee Director
- Naveen Dachuri - Director
- Matteo Del Sorbo - Director
- Amit Gupta - Director
The latest financial statements of Yulu Bikes on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 25 September 2025. Year-wise statements from FY 2018 are in the company report.
The GSTIN of Yulu Bikes is 29AAACY9154A1Z9, registered in Karnataka. The company has 11 GST registrations in all, of which 8 are active and 3 are cancelled or inactive. Other active GSTINs include 29AAACY9154A2Z8 (Karnataka), 27AAACY9154A1ZD (Maharashtra), 21AAACY9154A1ZP (Odisha).
The CIN (Corporate Identification Number) of Yulu Bikes is U77210KA2017PTC105368. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yulu Bikes has 8 court cases on record: 5 filed by the company and 3 filed against it. 2 are pending. Most are in the district courts.
Yulu Bikes was incorporated on 07 August 2017, making it 9+ years old. It is registered with the Registrar of Companies, Bangalore.
Yulu Bikes has 14 deals on record (8 funding rounds, 2 convertible or debt financings, 2 debt financings), with disclosed funding of ₹1,492.73 Cr; the latest was in August 2026.
Anuj Tewari was appointed as CFO on 01 Apr 2023. Matteo Del Sorbo was appointed as Director on 14 Sep 2022. Eric Arvind Cyril Vas ceased to be Additional Director on 09 Dec 2019. Yulu Bikes has 8 board changes on record in total.
Yulu Bikes has 6 MSME Form 1 returns on record between 2022 and 2024, listing 26 overdue payments to 10 micro and small suppliers. The latest return was filed on 25 Apr 2024.
Yulu Bikes can be reached through the website yulu.bike. Its registered office is in Bangalore, Karnataka, India.