Yulu, Bounce seek funds as gig-EV rentals zoom
Bajaj Auto-backed Yulu is in talks with GEF Capital and One Planet Partners to raise the funds at a valuation of about $250 million, up from $200-210 million previously, sources said. The fundraise comes at a time when energy transition, the larger umbrella under which EV falls, has emerged as one of the fastest-growing themes within India’s deeptech venture ecosystem.
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