# Yulu raises $93M for e-bikes amid India's quick-commerce rush

Indian electric two-wheeler startup Yulu has raised $93 million to expand its e-bike fleet and battery-swapping network. The funding comes as quick-commerce platforms in India increasingly rely on e-bikes for fast, low-cost deliveries. The round highlights how last-mile logistics growth is driving demand for electric mobility in the country.

**Importance:** 3/5

## Sources

### Technology
- [TechCrunch](https://techcrunch.com/2026/08/11/indias-yulu-raises-93m-as-quick-commerce-boom-fuels-e-bike-demand/) — Wed, 12 Aug 2026 04:30:00 +0000