Amit Gupta, the Co-founder of e-bikes and mobility service startup Yulu, said that what demonetisation had done to digital payments, COVID-19 is doing to Yulu. Even though COVID-19 has created unprecedented times, it has actually fast-tracked adoption for services like Yulu, he added. Founded in 2017, Yulu provides dock-less bikes and EVs for first-mile, last-mile and short distance commutes.