Yulu Store: On Wednesday, February 13, 2019, at the MG Road Metro Station, Yulu, a bike-sharing solution platform in Bengaluru, introduced their electric scooter, the Yulu Miracle (Micro Mobility Vehicle – MMV).
The dockless, lithium-powered scooter Yulu Miracle prioritizes first- and last-mile connection and can travel up to 5 km. It has a battery-swapping technology that uses machine learning and artificial intelligence to predict the demand for and use of the vehicle. Using the internet of things hardware, each scooter regularly transmits the percentage of its battery charge to Yulu servers.
Users must download the Yulu app and scan the QR code to access a scooter. Different Yulu Zones are depicted on the in-app map; users can access/park the scooter and lock and unlock the vehicle using the app. Paytm, Google Pay, PhonePe, UPI, and credit and debit cards, are all supported by Yulu for payments. Users must pay Rs 10 upfront for a Yulu Miracle ride and an additional Rs 10 for every 10 minutes of ride duration. It costs Rs. 5 to pause for 10 minutes. The security deposit is 500 rupees. Helmets and licenses are not necessary. The software takes a security deposit and requires users to keep a balance in their mobile wallets. Check out below about Yulu Store related information.
How to START PAUSE END Yulu Ride?
Simply launch the Yulu Store app to discover Yulu Zones in your area. You’ll be quickly redirected to the map screen, which displays all Yulu MMVs in your neighborhood. If no vehicle icons are visible on the map, zoom out to look in more places.
Simply tap the Pause button on the app, choose how long you want to pause, finish your task, and then hit Resume to resume riding. Maximum Pause charges of Rs. 30 for Move and Rs. 90 for Miracle between 6:00 pm and 10:00 am. During Pause, the vehicle is reserved for you, and no one else is permitted to use it. The user is in charge of the bike’s security during this period. Before you begin your journey under Yulu KEEP, check if a Yulu ZONE is nearby to your destination. Yulu ZONES are accessible on the map in the Yulu app.
Find the closest Yulu Zone Yulu on the app to end a ride. Place your car in the Yulu Zone and lock it manually. To effectively end your ride, click the End Button in your app.
To support the Public Bike Sharing Initiative (PBS) in India, Amit Gupta, a former co-founder of InMobi, a supplier of mobile marketing platforms, founded Yulu in 2017. Hemant Gupta, RK Misra, and Naveen Dachuri also co-founded the company. With a concentration on high-density areas, such as outside Metro stations, suburban railway stations, huge tech office campuses, apartment complexes, shopping malls, bus stops, colleges, and more, Yulu has been offering smart bicycles on a sharing basis to their consumers in numerous cities. The business, which has offices in Bengaluru, Pune, Mumbai, and Bhubaneswar, introduced its shared bicycles in January last year to alleviate the city’s traffic issue and focus on an IoT solution.
Yulu intends to distribute 250 electric scooters this week in Bengaluru’s Indiranagar and CBD neighborhoods. For the next eight to ten weeks, the startup will continue adding 250 to 500 new vehicles every week, covering all six of its current operational clusters. Yulu plans to cover the entire city in two to three months.
The startup will park Yulu Miracles at one of its over 850 Yulu zones, located throughout Outer Ring Road, Whitefield, HSR, Koramangala, Indira Nagar, CBD, and Electronic City. Commuters will only need to pick up and drop off their vehicles in Yulu zones, established around metro stations, malls, apartment buildings, and railroad stations. The corporation will handle all charging, repair, and maintenance.
Yulu Move Cycle
For the first 30 minutes, Yulu charges INR 10. And an additional INR 5 is charged for each additional 30 minutes. The Rs. 100 security deposit is needed to use Yulu Move. For its customers to be able to rent bicycles, Uber has partnered with the electric bicycle-sharing service Yulu. Instead of simply offering to book the service via the app, the Uber app currently directs users to register on Yulu.
You may always access your profile to check the balance of your account. The money in your wallet can only be used to pay for your ride. The amount is non-refundable and non-transferable and has no expiration date. Using the app, you can ask for a Security Deposit return. To access the Top-Up screen on the app, click the Wallet Balance card. Select “Refund” from the Top-Up screen to start the refund procedure. The process for processing refunds takes 7 to 14 business days.
Yulu Bikes in Ahmedabad
By the national urban transport strategy of 2006, Smart City Ahmedabad Development Ltd. (SCADL) approved the city’s public bicycle system in December 2019 for economical and environmentally friendly last-mile connectivity. On March 7, 2020, Yulu will debut its services in Ahmedabad. In addition to Bhubaneshwar, Yulu is already well-known in Delhi, Pune, Bombay, and Mumbai.
SCADL has agreements with Yulu to provide 500 electric scooters in six months and with MyByk to provide 1000 bicycles for the same in three months. Over 200 bike stations would be built throughout the state, including those near BRTS stations, markets, offices, schools, colleges, residential areas, and gardens, among other locations. These geared and non-geared bicycles and electric scooters are available for rent from these stations. There would also be a charging station for the electric scooters. According to a news release from the SCADL released today, this program will also contribute to reducing city traffic congestion and air pollution.
Bajaj Auto pumps in $8 million into Yulu
As of November 26, 2019, Bajaj Auto, the third-largest motorcycle manufacturer in the world, had invested $8 million (about Rs. 57 crores) in the electric scooter and bicycle rental startup Yulu. By the agreement, Bajaj will also produce customized electric scooters for the Bengaluru-based business. Through its financial services division Bajaj Finserv, the Rajiv Bajaj-led company, which has a market capitalization of Rs 92,615 crore, will also consider meeting Yulu’s demands for vehicle financing.
By December 2020, Yulu intends to have 100,000 electric two-wheelers in its fleet. There are now 15,000 automobiles in the fleet. According to the Bengaluru-based startup, 12,000 to 13,000 of the 30,000 to 35,000 trips it promises to provide daily come from its electric scooters. We hope you get all explain related to Yulu Store.
