India’s Yulu raises $93M as quick-commerce boom fuels e-bike demand
THE SO WHAT
Yulu’s $93M raise and 200,000-bike target tie e-bike fleets directly to the economics of quick commerce and last-mile logistics. Retailers and delivery platforms in dense cities should be modeling whether owning or partnering on two-wheeler fleets beats relying on third-party riders as order density climbs.
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