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Results · 31 October 2026YuluElectric mobility rental startupyulu.bike ↗

Yulu revenue FY26: ₹281 Cr, net loss ₹96.6 Cr

Yulu narrows FY26 loss to ₹97 Cr on ₹281 Cr revenue

By · Editor ·

Yulu revenue

Yulu reported revenue of ₹281 Cr in FY26, with a net loss of ₹96.6 Cr, as reported by Entrackr on 31 October 2026.

Yulu revenue
Revenue (FY26)₹281 Cr
Net loss (FY26)₹96.6 Cr
BengaluruFounded 2017
  • Yulu is a Bengaluru electric mobility startup that rents out small electric bikes and scooters for city trips and deliveries
  • Revenue rose 18.6 percent to ₹281 crore in the year to March 2026, while the net loss shrank 23 percent to about ₹97 crore
  • Vehicle rental brought in ₹262 crore, over 93 percent of revenue, while expenses grew slower than sales

What happened

  • FY26 revenue ₹281 Cr, up 18.6%.
  • Loss narrowed 23% to ₹97 Cr.
  • Rentals made ₹262 Cr.

Why it matters

  • Costs grew 7.4%, slower than revenue.
  • Shows a path toward lower losses.

The business

  • Rents electric two-wheelers.
  • Also earns from delivery services and franchisees.

The founders

Amit Gupta

Co-founder and CEO
in

Hemant Gupta

Co-founder
in

In numbers

₹281 CrRevenue · FY26
₹96.6 CrNet loss · FY26
₹377 CrTotal expenses · FY26

The numbers around it

Yulu has 1 funding rounds in StopDown's archive.

#The numbers around it
WhenRoundAmountLed by
11 August 2026Series C$93MGEF Capital Partners

Mobility & Logistics in October 2026: 11 rounds with a disclosed amount, $544 million in all; the biggest was Ola Electric (₹1,000 Cr). Every sector this year →

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Terms in this story

  • Startup: A startup is a young company built to find a new way of doing something and to grow fast, usually by serving many customers at little extra cost. India also has a legal definition for scheme benefits: under ten years old, turnover under ₹200 crore, and working on innovation or a scalable model.
  • Financial year: An Indian financial year runs from 1 April to 31 March, and it is named after the year it ends. FY26 means April 2025 to March 2026. Startup results for a year arrive months after it closes, so a November 2026 story may still be about FY25.

Everything on Yulu → · All startup news on 31 October 2026 →

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