Yulu vision is to decongest urban traffic by providing a scalable, affordable, efficient, and clean mode of transportation as a solution for the first and last mile connectivity and short distance travel.
Intended for a commuter, Yulu EVS or scooter that has a 48-volt motor controllers and a maximum speed of 25 km per hour, and they do not need a license or a helmet. A charge can take a bike lightweight (45 kg) to 60 km. Users do not have to worry about the battery; it has a lithium-ion battery is swappable.
As a smartphone, the scooter interact with the server every five minutes. This helps companies determine the level of the cost of each Yulu Miracle operated throughout the city, and the team got a minute update the battery level drops below 10 percent.
If necessary, they can send a team of in-ground ops to swap batteries. Yulu is currently operational in Bangalore, Pune, Delhi, Mumbai and Bhubaneswar.
In Bangalore alone, has more than 850 Yulu Yulu zones or parking zones. Users are required to pay Rs 10 for a ride Yulu Miracle, and an additional Rs 10 per 10 minutes of travel time.
Established in 2017, the bike-sharing solution platform first launched collective Yulu-cycle in Bengaluru.
It aims to address the traffic problem with IOT solution. Its blue light cycles and electric bicycles are visible even in some areas of heavy traffic most of the city.
No moving parts that differ in Yulu system that ensures this bike is available in the right density at each location at the right time.
Founder Amit Gupta estimates that the market size of the mobility space along with the bike currently close to $ 8- $ 10 billion globally, and is expected to grow beyond $ 1 billion in India in 2022.
Since mobility solutions require the use of high-frequency cases, amit Yulu believe can grow into a platform with the business potential of between five to 10 times.
Yulu launch electric vehicles, Yulu Miracle, Bengaluru in February 2019. It extends this offering to Delhi in August.
Startup also recently partnered with Uber with a pilot operation in Bangalore. With this tie-up, Uber app redirects users to the registration page Yulu. In Delhi, due to extreme weather conditions, the company did not find it feasible to start its cycle. Yulu plans to deploy 5,000 Miracles at the metro station in Delhi at the end of this year and up to 25,000 EVs by 2020.
Yulu, 1st Floor, Aurbis Business Park, Survey No. 58, 7, Outer Ring Rd, Devarabisanahalli, Bellandur, Bengaluru, Karnataka 560103, India. https://www.yulu.bike