Electric mobility startup Yulu has nearly doubled its revenue in the fiscal year ended March 2025 to Rs 237.4 crore. At the same time, the company cut down losses by 12% to Rs 126 crore.
Yulu’s operating revenue jumped 98% year-on-year to Rs 237.4 crore in FY25 from Rs 120 crore in FY24, according to its consolidated financial statements filed with the Registrar of Companies (RoC).
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Eight-year-old Yulu offers last-mile connectivity by renting electric bikes and operating an extensive EV charging and battery-swapping network. The company provides urban…

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