Yulu is driving sustainable urban mobility by offering affordable, shared, last-mile

connectivity through its electric bike rental service. Catering to a diverse urban population
seeking convenient and eco-friendly transportation, Yulu's platform is built around a user-
friendly mobile app that features AI-driven bike allocation and GPS tracking. The company
focuses on seamless integration with public transport and private entities through strategic
collaborations.

As part of its growth strategy, Yulu is expanding its presence across India and considering
entry into global markets. With strong backing from prominent venture capital firms and
investors, the company is well-positioned to scale its operations. In compliance with safety
standards, vehicle specifications, and permits, Yulu ensures that its services adhere to all
necessary regulations.

Despite facing industry hurdles such as competition, infrastructure development, and

security concerns, Yulu is capitalizing on the market potential fueled by urbanization,
environmental awareness, and supportive government policies. With a vision to lead the
micro-mobility revolution, Yulu is dedicated to fostering innovation and forming strategic
alliances to transform the urban transportation landscape.

Yulu is a micro-mobility company based in Bangalore, India, founded in 2017 by Amit Gupta
and Naveen Dachuri. The company provides electric bikes and scooters for rent to
customers through its mobile app. Yulu has raised $84 million in funding and has expanded
to several cities in India. The company's strategic direction is to provide affordable and
sustainable transportation solutions to customers, while also reducing traffic congestion and
air pollution in urban areas. As of March 2023, Yulu has over 5,000 vehicles in its fleet and
has completed over 20 million rides. The company has also partnered with various local
governments to promote the use of electric vehicles and bike-sharing in cities.