Baja Auto-backed shared electric mobility firm plans to utilize the funds to strengthen their momentum towards its vision to boost its green mobility alternative.
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.