Yulu is founded by Amit Gupta who is also the Co-founder of Inmobi (India’s first profitable internet unicorn), other cofounders include R.K. Mishra, Naveen Dachuri, Hemant Gupta.
How Yulu Works?
Downloading the Yulu App:
Locating Yulu Zone:
Deposit and Yulu Money:
End and Pause of Ride:
If you pause your ride in-between journeys you will be charged Rs. 5 for every 30 mins and Rs. 5 for every 10 mins for Yulu Miracle.
Yulu competitor’s analysis:
In the midst of 2018 multiple Bicycle sharing companies came up in the battle to conquer the market apart from Inmobi’s Yulu, Zoom Cars: Pedal, Ola Pedal, Chartered Speed, Bounce, etc.
Currently, Yulu seems a winner in the Indian Silicon Valley(Bangalore) when compared to these bicycle competitors. But other scooter-sharing companies like Vogo, Drivezy, Bounce, and Rapido giving them a tough fight!
Yulu revenue model:
Do tell us what you think!
Want to know more about Bike/bicycle-sharing companies in India, China, and the USA, do read our article on “Bike Sharing Market Analysis of China, India, and the USA“.
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What are the deposit for Yulu?
Before starting your first ride user has to make a deposit of Rs.100 for Yulu Move and Rs. 250 for Yulu Miracle. After the money deposit user has to make recharge for the ride in the form of Yulu money which is in the option of Rs. 50, 100, or 200.
What Are Yulu Riding Charges?
Charges for Yulu Move are about Rs.10 for the first 30 mins then Rs. 5 for every next 30 mins and for Yulu Miracle Rs. 10 for starting the ride and then Rs.10 for every 10 mins.
How to unlock Yulu?
Yulu can be unlocked either from the QR code or by entering the bike number in the App, soon after that bike will be automatically unlocked.