EconomyIndian e-bike rental startup Yulu raises $93 million for expansion

Indian electric bike rental startup Yulu said on Wednesday that it had secured $93 million through equity and debt financing. The company plans to use the funds to grow its fleet and move into additional cities. Yulu also aims to reach net profitability next year.

Yulue-bike rentalfundingexpansion

RReuters★★☆☆☆2026-08-12 11:35Original