Yulu's $19 Million Boost: Accelerating Growth and Innovation

Yulu, the electric two-wheeler company, has secured a hefty $19 million from investors Magna and Bajaj Auto. This injection of capital will fuel Yulu's expansion plans, allowing them to soar to new heights in the mobility market. With a focus on new product launches and technological advancements, Yulu is set to revolutionize urban transportation. The company's CEO, Amit Gupta, is confident in their trajectory, eyeing a Series C funding round to further solidify their position as leaders in the Mobility-as-a-Service sector. Yulu's revenue has seen a significant leap, showcasing their potential for growth and success in the coming years. As they gear up to introduce new vehicles tailored for e-commerce deliveries and expand their operations to more cities, Yulu is on track to become a major player in the electric mobility landscape. With strategic partnerships and a clear vision for the future, Yulu is paving the way for a greener, more efficient urban transportation system.