TechCrunch·3 min read·medium
India’s Yulu raises $93M as quick-commerce boom fuels e-bike demand
J
Jagmeet Singh
✦AI Summary
Indian electric mobility startup Yulu has raised $93 million in a Series C funding round to expand its fleet of electric two-wheelers. The company plans to scale its operations to 200,000 bikes to support the growing demand from India's quick-commerce delivery sector.
As India’s quick-commerce platforms race to deliver everything from groceries to smartphones in minutes, electric mobility startup Yulu has seized the boom, raising $93 million in fresh funding.
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