India's gig economy revives Yulu's micro‑mobility venture

Yulu, a provider of electric scooters for short urban trips, had been under financial pressure earlier this year.
The rapid growth of gig platforms such as Swiggy, Zomato and Uber has created a heightened need for low‑cost, last‑mile transport, leading many delivery partners to turn to Yulu’s vehicles.
Increased usage boosted rental revenues, enabling Yulu to secure short‑term funding and keep its fleet operational.
Industry observers note that the episode highlights how a thriving gig economy can act as a lifeline for emerging mobility firms.
Looking ahead, Yulu intends to expand its fleet and explore deeper collaborations with gig platforms to sustain the momentum.