23 February 2024
The funds have been raised via further issuance of shares to Yulu’s existing strategic investors Magna and Bajaj Auto. The infusion will enable Yulu to quickly unlock additional capital and cater to the spurt in demand for its shared electric vehicle (EV) services over the past year.
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10 November 2023
Following the announcement, Anuj formally joins the existing founding team—CEO Amit Gupta, CTO Naveen Dachuri, and President Ecosystem Partnerships RK Misra, at the helm of India’s largest shared electric two-wheeler mobility firm. Anuj’s elevation at Yulu – he is now both Co-Founder and CFO – comes at a time of rapid growth for the company.
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18 August 2023
Yulu announces its partnership with Zepto, India’s fastest growing e-grocery service. The association will expand Yulu’s presence in the fast-growing hyperlocal delivery category, while enabling Zepto to move to an all-electric vehicle fleet and maximise green deliveries.
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03 August 2023
Yulu launched the Yulu Business Partner initiative for Indian cities. The Yulu Business Partner initiative aims to transform the mobility landscape in non-metro cities by enabling 10,000 Yulu electric 2-wheelers to be rolled out over the coming year.
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20 July 2023
Yulu launched its mobility-as-a-service (MaaS) offering in Gurugram, Haryana, today. Gurugram is Yulu’s 4th city after Bengaluru, Mumbai & Delhi, where it already operates a shared fleet of over 25,000 electric vehicles.
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30 May 2023
Yulu wins FICCI 4th Smart Urban Innovation Awards under the “Smart Mobility” category. The award is in recognition of Yulu’s successful integration of technology, sustainability, and convenience to building innovative urban mobility solutions.
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04 May 2023
Deepak comes with deep expertise in mobility & technology. Deepak will focus on building a strong Yuma network to enable anxiety free e-mobility for the masses, building business partnerships with OEMs to bring them on Yuma's network and implementing processes to create positive customer experiences.
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28 April 2023
Yulu, India's largest shared electric mobility company, opened the bookings of its 1st personal electric two-wheeler Yulu Wynn - India's 1st electric 2-wheeler for easy-mobility. Wynn is born out of years of understanding & research that Yulu has gathered on user behaviour & urban mobility needs of a wide cross-section of customers.
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26 April 2023
Yulu is doubling-down on its green and shared electric mobility services in Mumbai & Navi Mumbai. With 3500+ vehicles on the road it has already increased its fleet size by 3 times in 2023 and aims to exit the year with 10,000+ vehicles on the road.
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03 April 2023
Yulu announced its association with Zomato for using Yulu DeX EV for intra-city deliveries. Kicking off this project, about 25,000-35,000 Yulu DeX will be given to delivery partners onboarded on Zomato’s platform for last-mile deliveries on custom-made rental plans.
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27 February 2023
Yulu and Bajaj Auto today launched Miracle GR & DeX GR. Yulu-Bajaj partnership is a first-of-its-kind global collaboration between a new-age MaaS company and a leading OEM to create an all-new platform for sustainable last-mile mobility and deliveries.
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06 January 2023
Yulu is participating in the largest global consumer tech event, the Consumer Electronic Show (CES) 2023 in Las Vegas, Nevada (USA). Yulu's electric mobility platform is built to enable several micro-mobility use cases, and provides a plug & play solution to build green and profitable businesses globally.
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05 December 2022
Yulu continues its partnership with the BMM to help raise awareness and funds for environmental causes and build a connect with Bangaloreans. The theme for BMM 2022 is 'Run Freely Again' which celebrates the spirit of coming out and running in the open after a 2 year break due to the pandemic.
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14 November 2022
Yulu, India's largest shared electric Mobility-as-a-Service (MaaS) player, received a loan confirmation of $9 Mn by the U.S. International Development Finance Corporation (DFC), the United States government's Development Financial Institution (DFI).
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02 November 2022
Yulu, India's market leader in shared electric 2 wheeler Mobility-as-a-Service (MaaS) and Battery-as-a-Service (BaaS) businesses, today entered a Memorandum of Understanding (MoU) with the Government of Karnataka to invest ₹ 1200 crores and create 7000+ jobs.
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10 October 2022
Pradeep's proven experience of growing consumer-facing businesses built on technology, and deep understanding of the mobility sector will play a key role in the scaling up ambitions of Yulu.
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12 September 2022
Yulu, India's market leader in shared electric Mobility-as-a-Service (MaaS) and Battery-as-a-Service (BaaS) businesses, today announced the infusion of $82 Mn (Rs 653 Cr) in Series B funding round, led by mobility technology company, Magna International Inc.
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25 May 2022
Bengaluru Traffic Police trained the inaugural batch of the 'Safe Rider' Program comprising 50 delivery executives. The program, co-created by Yulu, aims to impart traffic rules education and build road safety awareness among delivery workers.
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12 April 2022
Sandilya's deep expertise & hands-on experience in building technology products for large-scale platforms will bolster Yulu's hyper-growth plans. He will focus on adoption of the latest technology and product management practices to help build a thriving product culture at Yulu.
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29 March 2022
Divay will apply his rich experience in public policy & business investment to accelerate growth of Yulu's businesses. He will also engage with key policymakers and stakeholders to create a conducive policy environment for shared EV's and BaaS in India.
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07 March 2022
'Max Network' by Yulu becomes India's largest BaaS Network, with over 3 MN battery swaps till date. Spearheading India's EV revolution, Yulu will operate at 3 MN monthly battery swaps and 1 Lakh EVs by the end of 2022.
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21 February 2022
Manjunath, a global technology leader with 25+ years of cross- geography experience finds the perfect blend of professional challenge and personal passion in his new role at Yulu. His primary responsibility will be to scale a world-class engineering team.
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17 January 2022
Raman is a seasoned HR professional with a rich experience in building organization capability for global brands. Her key responsibilities will be to build Yulu into a preferred employer brand and create an inclusive, enriching and progressive work culture.
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1 December 2021
Ankit has a rich experience in the field of marketing and is a veteran of the mobility sector. In this new role, his primary responsibilities will include Brand Building, Marketing Communications, Public Relations, Growth & Marketing activities at Yulu.
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16 November 2021
'Max Network' will be India's first AI-enabled battery charging & swapping solution to accelerate electric 2W adoption. The first batch of 10 Yulu Max stations was launched in Bengaluru, with the inauguration held on 16 November, 2021.
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