HardwareMap datasheetMOB-018Rev 26.09Sheet 1 of 1

MOB-018 Mobility · Private

Yulu

Electric two-wheelers on subscription for delivery riders.

Founded
2017
9 years ago
Total raised
$239M
Disclosed equity, Sep 2026
Team
1,125
Headcount, Sep 2026
Latest round
Series C

1 General description

Yulu rents electric two-wheelers on weekly plans to gig delivery riders in India, with a fleet of about 50,000 vehicles. In August 2026 it raised $93 million in equity and debt, with GEF Capital Partners leading.

2 Features

3 Specifications

ParameterValueNotes
CategoryMobilityPin 07, blue band
Flagship product—No single flagship
HeadquartersBengaluru, IndiaAsia-Pacific
StatusPrivate
Business modelB2B2CSells through partners to consumers
BackersGEF Capital Partners, Firebolt Ventures, 3one4 Capital, Blume VenturesThrough Series C
Websiteyulu.in ↗
ProfilesLinkedIn ↗