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Context is everything.
Detailed stories on technology startups, business and economic current affairs.
Detailed stories on technology startups, business and economic current affairs.
The e-bike rental startup has made the most of the country’s quick-commerce boom, fuelled by the pandemic lockdowns. Now it needs to step outside its comfort zone.
What Yulu does is a question that trips most people up. The question assumes importance as the Bengaluru-headquartered startup raised $93 million in a Series C funding round just last month. Overall, Yulu has raised upwards of $200 million in venture capital funding in about a decade. That’s a lot of money, an amount one would expect a consumer tech startup to raise. Except that’s not Yulu’s business.
The company is not a vehicle manufacturer; it doesn’t really make anything. Nor is it a two-sided consumer platform like Uber or Rapido, which connects anyone who needs a ride with a …
