Thursday
August 13
2026

Indian E-Bike Rental Startup Yulu Raises $93 Million to Help Fund Expansion

By Saikeerthi

Indian electric rental bike startup Yulu said on Wednesday it had raised $93 million in equity and debt to expand its fleet, ​enter new cities and target net profit next year.

Source: Reuters (link opens in a new window)

Categories
Investing
Tags
business development, e-commerce, e-mobility, gig economy, startups