Yulu earns $82 million in Series B funding led by Magna International

Started by giving bicycles on rent, got funding of Rs 653 croreElectric mobility leader Yulu has secured equity funding of $82 million (Rs 653 crore) to grow its mobility and battery swapping business led by Magna International Inc. and Bajaj Auto Ltd.The demand for electric vehicles is increasing day by day in the world market.

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