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Yulu Eyes IPO at ₹1,200-1,500 Crore Revenue as $93 Million Fundraise Fuels Next Phase of Growth

Yulu Eyes IPO at ₹1,200-1,500 Crore Revenue as $93 Million Fundraise Fuels Next Phase of Growth

Prerna Lidhoo 12 Aug 2026

Yulu is targeting PAT profitability next year, a 200,000-strong fleet and expansion to 20 cities, even as it prepares to revive its original personal mobility ambition.

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Video: Yulu’s IPO Plan - ₹1,500 Cr Revenue Target, PAT Profitability & $93 Mn Fundraise

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Video: Yulu’s IPO Plan - ₹1,500 Cr Revenue Target, PAT Profitability & $93 Mn Fundraise

Prerna Lidhoo 12 Aug 2026

Yulu is preparing for its next big phase of growth and potentially, the public markets.

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BLive Partners with Tata Motors to Deploy 1,000 Electric Mini Trucks

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BLive Partners with Tata Motors to Deploy 1,000 Electric Mini Trucks

auther Dev Vadchhedia 12 Aug 2026

Collaboration inducts Tata Ace Pro EVs under the BLive PRIME franchise model to accelerate last-mile logistics electri...

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EKA Mobility Opens First All-Range Dealership in Kanpur

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EKA Mobility Opens First All-Range Dealership in Kanpur

auther Dev Vadchhedia 12 Aug 2026

Partnership with Stellar Mobility expands retail presence in Uttar Pradesh as manufacturer targets over 200 dealership...

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Mercedes-Benz Expands Service Offerings With AI Vehicle Scanner

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Mercedes-Benz Expands Service Offerings With AI Vehicle Scanner

Eshisha Java 12 Aug 2026

Mercedes-Benz has introduced an AI-powered vehicle scanner, Service Select for older cars and a new Mumbai facility as...

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Amaron Launches True 4Ah Battery For Commuter Motorcycles

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Amaron Launches True 4Ah Battery For Commuter Motorcycles

By Eshisha Java 12 Aug 2026

Amaron has launched a True 4Ah battery for 100cc–125cc commuter motorcycles, with a phased rollout across eight Indian...

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MMCM Appoints Prasad S Shetty As Chief Financial Officer

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MMCM Appoints Prasad S Shetty As Chief Financial Officer

By Eshisha Java 12 Aug 2026

Prasad S Shetty joins MMCM with over 13 years of experience across finance, taxation, governance, financial controls a...

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India E-Bus Penetration To Rise To Around 30% By 2029-30: ICRA

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India E-Bus Penetration To Rise To Around 30% By 2029-30: ICRA

By Eshisha Java 12 Aug 2026

India’s e-bus penetration in the medium and heavy segment could reach 30% by 2029-30, supported by policy measures, lo...

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BGauss Oowah Electric Scooter Launched With 145km Range

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BGauss Oowah Electric Scooter Launched With 145km Range

By Eshisha Java 12 Aug 2026

BGauss has launched the Oowah electric scooter with a 3.0kWh removable LFP battery, 145km ARAI-certified range and fea...

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India Two-Wheeler Registrations Rise 28.15% In July 2026

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India Two-Wheeler Registrations Rise 28.15% In July 2026

By Eshisha Java 12 Aug 2026

India two-wheeler registrations rose 28.15% YoY to 1.818 million units in July 2026, with Honda leading and EVs accoun...

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Has the US-Iran war given a structural boost to EV adoption in India?

Yes

No