Yulu Raises $93M to Expand E-Bike Fleet
TechCrunch1 min read102 words
Yulu, the Bengaluru‑based bike‑sharing platform, announced that it plans to expand its fleet to 200,000 electric bikes within the next two years. The company also said it will introduce faster electric two‑wheelers designed specifically for logistics operations, targeting new use cases such as last‑mile deliveries and intra‑city freight.
The expansion will be supported by recent funding rounds that have bolstered Yulu’s capital base, allowing it to scale infrastructure and technology. By adding high‑speed electric two‑wheelers, Yulu aims to tap into the growing demand for efficient, low‑carbon logistics solutions in urban India, positioning itself as a key player in the city‑wide mobility ecosystem.
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