'Quick commerce, e-commerce has fueled Yulu's growth': Naveen Dachuri
The co-founder and CTO of e-mobility startup Yulu says that the post-Covid boom in last-mile deliveries fueled by the growth of e-commerce and quick-commerce platforms, has enabled a hockey-stick growth for the company.
A prominent name in the last-mile delivery fleet services segment, Yulu, is enabling sustainable deliveries, particularly for quick-commerce and e-commerce majors, with its compact electric two-wheelers - assets that are aimed at gig workers in urban landscapes. The Bengaluru-headquartered e-mobility startup which was founded in CY2017, saw a significant growth in its last-mile fleet services business, particularly after CY2020, as the country registered a boom in the usage of e-commerce and quick-commerce platforms after Covid.
While Yulu presently commands a dominating 35-40% penetration in the key urban markets such as Delhi-NCR, Bengaluru, and Mumbai, among others, that it presently serves, it aims to cater to as much as 60-70% of the last-mile delivery demand in India. In this video interview, Naveen Dachuri, Co-Founder and CTO, Yulu, reveals that the company averages 20 million deliveries every month, and talks about Yulu's next step of getting to a positive PAT.
Video:
RELATED ARTICLES
VIDEO: India's Auto Industry Posts Record Sales in FY26 Across All Vehicle Segments
Passenger vehicles, two-wheelers, and commercial vehicles all reached new highs, though EV penetration remains low and m...
VIDEO- India's Car Protection Market Poised for Growth as Adoption Lags Global Peers
With only 2% of Indian vehicles using paint protection film compared to 28% in the US and 37% in China, industry leaders...
Lexus to Tap Toyota Customer Base in India, Deepens Multi-Fuel Play: Hikaru Ikeuchi
The discussion examines the Lexus ES 500e in detail, unpacking its specifications and market positioning while placing i...




By Prerna Lidhoo
24 Dec 2024
5255 Views
Autocar Professional Bureau
