Bangalore-based EV start up Yulu raises around Rs 73 crore from US DFC
Image Credit: yulu
The Bengaluru-based firm Yulu has raised $9 million (Rs 73 crore) through debt financing from US International Development Finance Corporation (DFC). DFC had proposed the investment in Yulu as a part of the institution's focus on financing clean and zero-emission transportation solutions in India, through its new e-mobility financing team, the firm said in a statement on Monday.