Yulu is a technology-driven mobility platform, enabling integrated urban mobility across public and private modes of transport. It was founded in 2017 and headquartered in Bengaluru, India.[3][4][5] Yulu operates in Bengaluru, Delhi, Gurugram, Mumbai, Pune, and Bhubaneswar with 18,000 single-seater vehicles across 2.5 million users.[4] Yulu has raised $19.9 in million funding as of Feb 202
Yulu was founded in 2017 by Amit Gupta, RK Misra, Hemant Gupta, and Naveen Dachuri.[6]
In January 2018, the company began operations in Bangalore and Pune, followed by Mumbai and Bhubaneswar in the end of 2018. In September 2019, they expanded to New Delhi and by March 2020, they were in Ahmedabad, covering 6 major cities in a span of three years.[7]
In January 2019, Yulu launched a new fleet of 2,000 e-vehicles called the Miracle,[8] followed by introducing its internet of things charging box which enables a cost-effective battery-swapping network.[9] In November 2019, Yulu upgraded the Miracle by adding a bag holder, shock absorbers, and an improved footrest.[10] In April 2020, Yulu launched 8,000 more Miracle e-vehicles with further improvements.[11] In April 2020, due to the Coronavirus outbreak, Yulu introduced a ‘Last-sanitized’ timestamp to their app in order to assure utmost safety.[12] In June 2020, Yulu introduced a 24/7 chat support to their app to improve customer support.[13]
As of November 2020, Yulu has covered 27 million kilometres, helped burn 4 million calories and saved 2.3 million kilograms of carbon emissions.[14]
Yulu’s main competitors are Bounce and Vogo. The difference is that their vehicles are proper, fuel-powered scooters that can be used for short distances or rented for the long term.[15]
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