India’s Yulu Secures $93M Amid Surging E-Bike Demand

India-based mobility company Yulu has successfully secured $93 million in new funding. The fresh capital injection comes as a direct result of market conditions. A major quick-commerce boom is currently driving demand for sustainable transport. Electric bikes have become increasingly essential for delivery operations. The company provides specialized e-bike solutions tailored for urban logistics. Growth in the quick-commerce sector continues to strain traditional delivery fleets. Investors are showing strong confidence in sustainable urban logistics models. The company plans to use the capital to support its ongoing expansion efforts.