PRESS RELEASES

News & Media
Yulu Raises $19.25 Mn in Equity Funding

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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News & Media
Yulu Names CFO Anuj Tewari as Co-Founder

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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News & Media
Yulu Partners with Zepto to Scale Green Hyperlocal Deliveries

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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News & Media
Yulu Invites Entrepreneurs in Indian Cities to Become Local E-mobility Pioneers

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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News & Media
Yulu Powers into Gurugram to Revolutionise Last-Mile Mobility & Delivery

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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News & Media
Yulu wins "Smart Mobility" recognition in FICCI 4th Smart Urban Innovation Awards

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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News & Media
Yuma Energy appoints Deepak Nanwani as the Head of Revenue & Operations

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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News & Media
Yulu launches Wynn, India's 1st electric 2-wheeler for easy-mobility

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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News & Media
Yulu aims to power half-million green rides & 3 Mn green deliveries in Mumbai & Navi Mumbai

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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News & Media
Yulu and Zomato join hands to make last-mile deliveries green

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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News & Media
Yulu & Bajaj Auto launch new electric 2-wheeler platform

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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News & Media
Yulu takes its EV micro-mobility solutions to a global audience at CES 2023

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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News & Media
Yulu joins Bengaluru Midnight Marathon (BMM) 2022 as Green Mobility Partner

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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News & Media
Yulu secures $9 Mn from U.S. International Development Finance Corporation (DFC)

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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News & Media
Yulu signs an MoU with Government of Karnataka to invest ₹1200 crores

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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News & Media
Yulu appoints Pradeep Puranam as Head - Revenue & Operations

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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News & Media
Yulu secures $82 Mn (₹ 653 Cr) equity funding led by Magna

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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News & Media
'Safe Rider' Program - India's 1st road safety program for delivery executives

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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News & Media
Yulu appoints Sandilya Konduri as Head of Product

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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News & Media
Yulu brings in Divay Pranav as Director - Policy & Partnerships

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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News & Media
'Max Network' achieves 3MN battery swaps

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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News & Media
Yulu appoints Manjunath Athrey as Head - Engineering

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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News & Media
Yulu brings in Rupini Raman as Head of HR

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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News & Media
Ankit Taparia joins Yulu as Head of Marketing

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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News & Media
Yulu launches 'Max Network'

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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