News > India’ Yulu bags Rs 30 Crore investment from US
India’ Yulu bags Rs 30 Crore investment from US
Eprmagazine | 27/06/2020 11:50 PM | Click to read full article
Yulu, India’s EV micro-mobility service provider, announced a fresh infusion of Rs 30 crore in equity funding led by the US-based VC firm Rocketship and existing investors. The new investment will be used for further strengthening the mobility platform, technology solutions, and enabling rapid expansion.
So far, Yulu has raised more than $20 million in funding from key investors like Bajaj Auto Ltd, Blume Ventures, 3one4 Capital, Wavemaker, and now US-based Rocketship, among others.
