Yulu Raises $93 Million to Expand Electric Vehicle Fleet and Launch New Scooter
Electric mobility startup Yulu has raised $93 million in a Series C funding round, including $63 million in equity led by GEF Capital Partners and $30 million in debt. The Bengaluru-based company plans to quadruple its active fleet to 200,000 electric vehicles over two years, expand service hubs, and deepen enterprise partnerships. Yulu will also launch Yulu Express, a high-payload electric scooter targeting e-commerce logistics, bike taxis, and parcel delivery. The company reported a sevenfold revenue increase since FY2023 and positive EBITDA since April 2025.
First-hand measurement across 3 sources
We measured how 3 outlets covered this story. No outlet gave this story a measurable political slant — there is no left–right reading to report. Overall sentiment is positive (75/100). Lens Score 40/100.
Outlets measured: businessstandard, economictimes, moneycontrol. See how each one headlined and framed the same story in the source comparison below.
AI Analysis
Sentiment was consistent across outlets (75–75/100), indicating broadly factual reporting rather than editorialising.
Coverage timeline
moneycontrol broke this story on 12 Aug, 04:47 am. Other outlets followed.