Yulu raises Rs 30 crore led by VC firm Rocketship

Yulu, an EV micro-mobility service provider in India, has received Rs 30 crore in equity funding led by US-based VC firm Rocketship and existing investors.
Yulu teamYulu will use the new investment for further strengthening the mobility platform, technology solutions, and enabling expansion.

Amit Gupta, co-founder and CEO of Yulu said: “It is becoming evident that shared mobility platforms like Yulu will lead the large scale adoption of Electric Vehicles in India.”