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India’s Yulu raises $93M as quick-commerce boom fuels e-bike demand
Yulu has raised $93 million to capitalize on the booming quick-commerce market, offering electric two-wheelers on subscription plans. With plans to expand its fleet to 200,000 bikes by 2025, the Bengaluru-based startup aims for profitabilit...
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Yulu has raised $93 million to capitalize on the booming quick-commerce market, offering electric two-wheelers on subscription plans. With plans to expand its fleet to 200,000 bikes by 2025, the Bengaluru-based startup aims for profitability next year. Full story and more reels: https://newsreel.video #news #breaking #Yulu #ebikes #India #startups #investment #quickcommerce
Originally reported by TechCrunch.
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