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Electric mobility startup Yulu raises $9 mn via debt-financing
short by Anisha Joneja / on Monday, 14 November, 2022
Electric mobility startup Yulu raised $9 million in funding from US International Development Finance Corporation (DFC) through debt-financing. The Bengaluru-based firm was founded in 2017 by RK Misra, Naveen Dachuri, Hemant Gupta and Amit Gupta and provides urban mobility supported by AI-powered battery. In September, Yulu raised $82 million in a funding round led by Canada's Magna International.
read more at Moneycontrol