StartUs Insights Listed Yulu As One Of The Top 5 Out Of 785 Micro-Mobility StartUps!
We’re elated to announce Yulu was listed as one of the top 5 emerging micro-mobility startups across the world by StartUs Insights out of the 785 micro-mobility startups which were analyzed. Yulu is one of a kind in the micro-mobility domain and has made sustainable commuting possible at affordable prices. Yulu aims to provide an efficientand green solution for the first mile, last mile, and short distance commute and also reduce traffic congestion.
“Mobility, today, contributes to 30% of the air pollution and with Yulu, we wanted to tackle the ongoing issue at hand. Micro Mobility solutions from Yulu not only address air pollution problems but also free up cars and larger vehicles for multi-person mobility, and reduce congestion on the roads.
Micro-mobility will become the new mobility normal. What was a seven-minute journey five years ago is now half an hour affair,” said Amit Gupta, Co-Founder CEO, Yulu.
E-bikes being lightweight and faster than bicycles are attracting more city-dwellers to switch to a convenient form of commute. Yulu app is designed to suit the needs of commuters. The app uses machine learning (ML) algorithms to efficiently manage vehicle demand and supply. The solution features virtually dockless electric vehicles powered by the internet of things (IoT) technologies. Yulu Miracle vehicle is powered by GPS, general packet radio service (GPRS), and Bluetooth technologies for a safer ride, with a maximum speed of 25 kilometers per hour.
To give a sense of the scale in India, every day an estimated 2.5 million people travel via Delhi Metro, an estimated 7.5 million people take the Mumbai local trains, and about 4.5 million people take the non-AC bus service in Bengaluru. In cities like Bengaluru, Mumbai, and Delhi, YULU has grown to become a movement because it is solving the complex problem of First and Last Mile connectivity while also helping alleviate the challenges of congestion and pollution.
Yulu’s vision is to provide a shared, smart, and sustainable urban e-mobility solution which is seamlessly integrated with public transport with an objective to drastically reduce congestion and pollution and improve economic productivity.
Yulu is a platform to provide “Mobility as a Service” (MaaS) and our partnerships with Uber, Bajaj, MMRDA, Delhi & Bangalore Metro are a testimony to our commitment for seamless integration with various modes of transport for the end-to-end mobility solution. Yulu actively engages with various stakeholders including city, state, and central governments to propose and facilitate the public policy formulation towards shared and sustainable mobility such as Public Bike Sharing (PBS) and Electric Mobility. These policies have lead to the creation of NMT (Non-Motorized Transport) and vehicle charging infrastructure. Yulu strives to be a thought & act leader to promote shared and sustainable urban mobility as a MaaS provider.
The ultimate goal is to make sure we as a nation promote micro-mobility and sustainable commute.