Electric mobility startup data-start=”189″ data-end=”195″>Yulu is reportedly in advanced discussions with multiple investors and institutions to raise $75-80 million in a new round of funding, as the company looks to capitalise on the surging demand in quick commerce and hyperlocal delivery segments. This development, first reported by data-start=”471″ data-end=”491″>The Economic Times, comes as part of the startup’s ongoing $100 million Series C funding plan, announced in October 2024.
The funding round is expected to be a mix of debt and equity, according to Yulu, which is backed by Bajaj Auto Ltd. and…

![[CITYPNG.COM]White Google Play PlayStore Logo – 1500×1500](https://startupnews.fyi/wp-content/uploads/2025/08/CITYPNG.COMWhite-Google-Play-PlayStore-Logo-1500x1500-1-630x630.png)