positiveSYS.SOURCE: TechCrunch• 2026-08-12T04:30:00Z

Yulu Secures $93M in Series C Funding to Expand Electric Bike Fleet for Quick-Commerce Logistics

#startups #transportation #electric vehicles #funding #quick-commerce

Yulu, an Indian electric mobility startup, raised $93 million in Series C funding to expand its e-bike fleet and support the growing quick-commerce logistics sector. The funding will enable the company to increase its fleet to 200,000 vehicles and introduce high-speed electric scooters for extended delivery services.

Yulu aims to have a fleet of 200,000 bikes in the next two years and faster electric two-wheelers, aiming at new logistics use cases.

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