Yulu

Raised $63M in a Series C round, announced 12 August 2026.

Round

Yulu raised $63 million in Series C equity led by GEF Capital Partners, alongside $30 million in debt, to expand its electric vehicle fleet and service hubs.

Amount
$63M
Stage
Series C
Announced
12 August 2026
Lead
GEF Capital Partners
Use of funds
Quadruple active fleet to 200,000 EVs in two years, expand service hubs, deepen enterprise partnerships, launch Yulu Express, support potential listing.
Checked
Amount and date matched across 3 press sources

Company

Provides shared electric vehicles and mobility services across Indian cities

Based in
Bengaluru, India
Founded
2017
Sector
Climate & Energy
Website
yulu.bike ↗

Founders

  • Amit GuptaCo-founder & CEO
  • Anuj Tewarico-founder
  • RK Misraco-founder
  • Naveen Dachurico-founder

Sources and links

Sources
Indian EV-sharing startup Yulu raises $93m in series C techinasia.com
Yulu raises $93 Mn in Series C round led by GEF Capital entrackr.com
EV mobility service startup Yulu raises $93M led by GEF Capital yourstory.com
Website
yulu.bike ↗
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