Yulu In Talks To Raise $75- 80 Mn: Report

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SUMMARY

The Bengaluru-based startup is in discussions with a clutch of global impact funds and private equity investors for the fresh fundraise

Yulu plans to deploy the proceeds to capitalise on its quick commerce growth

The upcoming funding round is likely to see participation from Yulu’s existing investors Bajaj Auto and Magna International

Electric mobility startup Yulu is reportedly looking to raise $75-80 Mn in a mix of equity and debt round.

An ET report said that the…



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Yulu In Talks To Raise $75- 80 Mn: Report


SUMMARY

The Bengaluru-based startup is in discussions with a clutch of global impact funds and private equity investors for the fresh fundraise

Yulu plans to deploy the proceeds to capitalise on its quick commerce growth

The upcoming funding round is likely to see participation from Yulu’s existing investors Bajaj Auto and Magna International

Electric mobility startup Yulu is reportedly looking to raise $75-80 Mn in a mix of equity and debt round.

An ET report said that the…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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