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Yulu raises $93 mn in Series C funding round, targets 200,000 EV fleet

Electric mobility-as-a-service (MaaS) platform Yulu on Wednesday said it has raised USD 93 million in a Series C funding round to scale its fleet fourfold to 200,000 EVs over the next two years, expand its service hubs, deepen strategic enterprise partnerships and accelerate its listing plans. The funding comprises USD 63 million in equity led by GEF Capital Partners and USD 30 million in debt, the company said. Securing this Series C capital is a validation of the company's business model, a m…

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Business StandardCenter·2h ago
Yulu raises $93 mn in Series C funding round, targets 200,000 EV fleet
Electric mobility-as-a-service (MaaS) platform Yulu on Wednesday said it has raised USD 93 million in a Series C funding round to scale its fleet fourfold to 200,000 EVs over the next two years, expand its service hubs, deepen strategic enterprise partnerships and accelerate its listing plans. The funding comprises USD 63 million in equity led by GEF Capital Partners and USD 30 million in debt, the company said. Securing this Series C capital is a validation of the company's business model, a m…
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Yulu raises $93 mn in Series C funding round, targets 200,000 EV fleet

How 1 sources are covering this

Yulu raises $93 mn in Series C funding round, targets 200,000 EV fleet

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