Yulu
IndustryConsumer services
Founded2017
FoundersAmit Gupta, RK Misra, Naveen Dachuri
Headquarters
Bengaluru
,
India
Products18,000 vehicles[1]
Number of employees
400[2]
Websitewww.yulu.bike

Yulu is an Indian 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]

History

Yulu was founded in 2017 by Amit Gupta, RK Misra, and Naveen Dachuri.[5] In November 2023, the company's CFO Anuj Tewari was elevated to the role of co-founder.[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]

Usage

Yulu is a technology-driven platform that connects users with micro mobility vehicles (MMVs) through a mobile application. The platform utilizes IoT, machine learning, and artificial intelligence for efficient demand-supply management and operations.[8]

Partnerships

In May 2019, Uber partnered with Yulu to make urban commute efficient and eco-friendly.[9][10] Yulu collaborated with Delhi Metro Rail Corporation (DMRC) to solve the complex problem of first and last-mile connectivity for commuters and to reduce congestion and pollution in the Delhi-NCR region in September 2019.[11]

In November 2019, Yulu partnered with Bajaj Auto Limited to source electric two-wheelers, which have been co-designed and manufactured exclusively for shared micro-mobility. Bajaj Auto Limited invested $8 mn in Yulu.[12]

It also partners with co-living spaces like CoLive, RentMyStay, Zolo, and CoHo for commuting.[8]

Recognition

References

  1. ↑ Panday, Amit (22 June 2020). "Yulu secures equity funding from US-based VC firm". mint. Retrieved 29 November 2020.
  2. ↑ Bagchi, Shrabonti (5 June 2020). "Amit Gupta of Yulu is riding the change". mint. Retrieved 29 November 2020.
  3. ↑ "Yulu Gets Ready To Tackle City Traffic Congestion And Drive India's Micromobility Future". Inc42 Media. 16 May 2019. Retrieved 17 November 2020.
  4. ↑ "COVID crisis-led popularity for e-bikes: Yulu to increase electric bike fleet to 1 lakh by 2021". The Financial Express. 11 August 2020. Retrieved 17 November 2020.
  5. 1 2 "Coolest Start-ups 2019". www.businesstoday.in. Retrieved 17 November 2020.
  6. ↑ "Shared Mobility Startup Yulu Names CFO Anuj Tewari As New Cofounder". Inc42. 11 November 2023. Retrieved 11 November 2023.
  7. ↑ "Ride-sharing e-bikes, cycles startup Yulu expands to Delhi; to be available in all stations in NCR by 2020". Firstpost. 3 September 2019. Retrieved 23 November 2020.
  8. 1 2 Vijayakumar, N. V. "Yulu's Unique Approach Helps In Creating Infra For Sustainable Mobility: Amit Gupta The NFA Post". Retrieved 23 November 2020.
  9. ↑ PYMNTS (10 May 2019). "Uber, Yulu Partner For eBike Trial In India". PYMNTS.com. Retrieved 23 November 2020.
  10. ↑ "Uber partners with Yulu to make urban commute efficient and eco-friendly | Uber Newsroom India". Uber Newsroom. 9 May 2019. Retrieved 23 November 2020.
  11. ↑ "Delhi Metro ties up with bike-sharing app Yulu for last-mile connectivity". The Economic Times. Retrieved 23 November 2020.
  12. ↑ "Bajaj invests Rs 58 crore in shared e-mobility provider Yulu". Autocar India. Retrieved 23 November 2020.
  13. ↑ ficci.in/. "1004 Vibrant Urban Spaces Created Under Smart Cities Mission". FICCI. Retrieved 30 May 2023.
  14. ↑ bisinfotech.com. "Yulu Ranks in the NASSCOM Emerge 50 Award 2020". TechStreet. Retrieved 23 November 2020.
  15. ↑ "NASSCOM announces the year's EMERGE 50 Awards for India's emerging software products companies". Express Computer. 11 November 2020. Retrieved 23 November 2020.
  16. ↑ "YULU wins 10th Aegis Graham Bell Award for Best Innovation in Transport Technology – Motorindia". Retrieved 17 November 2020.
  17. ↑ Bureau, BW Online. "Over 15 Tech Disrupters Awarded At BW TechTors 2020". BW Businessworld. Retrieved 17 November 2020.
  18. ↑ "Entrepreneur 2019". www.entrepreneurindia.com. Retrieved 17 November 2020.
  19. ↑ Startups of the Year 2019
  20. ↑ "42Next By Inc42 — Meet India's 42 Most Innovative Startups". Inc42 Media. 20 November 2018. Retrieved 17 November 2020.
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