Yulu has raised INR 25.7 crore in a Series B funding round led by Magna International. The investment will support their expansion in the growing electric two-wheeler market.
Amount Raised
₹257 Million
Round Type
Series B
BengaluruTransportationAutomotiveElectric VehicleInvestors
Description
Electric mobility startup Yulu has raised INR 25.7 crore in a Series B funding round from Canadian auto parts maker Magna International. This top-up investment follows Yulu's earlier INR 160 crore fundraise in February 2025. The funding is expected to support Yulu's plans to double its fleet size to 100,000 electric vehicles by year-end.
Quick answer
Yulu raised ₹257 Million in a Series B round, dated July 8, 2025. Investors: Magna International. Yulu is based in Bengaluru, Karnataka, India.
- How much did Yulu raise?
- Yulu raised ₹257 Million in a Series B round on July 8, 2025.
- Who invested in Yulu?
- Magna International is named as investors in this round.
- What does Yulu do?
- Yulu is India's largest shared micro-mobility service provider using electric two-wheelers to reduce traffic congestion and air pollution in urban India.
- Where is Yulu based and how big is it?
- Yulu is based in Bengaluru, Karnataka, India.
- Who are the decision-makers at Yulu?
- Fundz holds 1 contact at Yulu, including the Co-Founder & CEO. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Transportation and Automotive around the same time
Companies in the same sectors as Yulu that raised within 45 days of this round, from Fundz verified event records.
- Empery Digital Inc. raised $500M (Post-IPO Equity) on July 21, 2025.
- Empery Digital Inc. raised $501M on July 17, 2025.
- Rivian Automotive raised $1B on July 2, 2025.
- EVeez raised $5.4M (Series A) on July 24, 2025.
- Transvolt Mobility raised $20M (Funding Round) on July 18, 2025.
- NRG2fly raised an undisclosed amount (Angel) on July 9, 2025.
Who to call at Yulu, and when
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- An alert the day Yulu raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Yulu, from your own LinkedIn network
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Funding Insights
What this usually meansYulu raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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