Key points about the Yulu Business Partner Programme
- Yulu, India’s largest shared electric 2-wheeler mobility player, has launched the Yulu Business Partner Programme for Indian cities.
- The program aims to expand Yulu’s green mobility services outside of India’s main metros.
- It is open to established business entities and young entrepreneurs who have a deep understanding of the local market.
- Eligible partners will receive end-to-end support from Yulu to roll out its mobility service in their respective cities.
- The program is designed for entrepreneurs interested in launching city-based tourism services, offering daily rentals for work-related commutes, or providing EV-based last-mile logistics services.
- Partners must have an investment appetite between Rs 50 lakh – Rs 2 crore and the ability to build partnerships with local city authorities and corporate entities.
Key Points continue
- The program’s plug-and-play model provides flexible options for partners to purchase Yulu’s purpose-built vehicles, swappable Li-Ion batteries, and charging systems.
- Each partner will have access to Yulu’s complete technology platform, including artificial intelligence and machine learning capabilities.
- Yulu envisions its local partners deploying more than 10,000 Yulu electric 2-wheelers in the coming year.
- The program aims to enable local partners to launch profitable businesses with an annual return on investment (ROI) potential of over 25%.
- Yulu’s CEO, Amit Gupta, believes in the massive scope for introducing green mobility solutions in regions outside major metros.
- The program aims to merge Yulu’s expertise in shared electric mobility with local entrepreneurs’ resources and knowledge of their city’s pulse.
The Yulu Business Partner Programme is a new initiative by Yulu, India’s largest shared electric 2-wheeler mobility player, aimed at expanding its green mobility services outside of India’s main metros. The program is open to established business entities and young entrepreneurs who have a deep understanding of the local market and want to launch Yulu’s mobility service in their respective cities.
Key benefits of the Yulu Business Partner Programme:
- Proven business model: Yulu has been operating in the shared electric mobility space for over 5 years and has a proven track record of success.
- Expertise and resources: Yulu will provide you with access to its expertise and resources, including its technology platform, training and onboarding support, and partnerships with local city authorities and corporate entities.
- Scalable and frictionless: The program is designed to be scalable and frictionless, so you can easily grow your business.
- High ROI potential: The program has the potential to generate a high ROI, with an annual return on investment of over 25%.
Under the program, selected partners will receive end-to-end support from Yulu, enabling them to roll out Yulu’s electric 2-wheeler services with ease. The program is designed to support entrepreneurs who wish to offer city-based tourism services, daily rentals for work-related commutes, or EV-based last-mile logistics services.
Objective
Yulu aims to democratize access to green mobility by partnering with local entrepreneurs who have the potential to launch profitable businesses with an annual return on investment (ROI) potential of over 25%. The company envisions its local partners deploying over 10,000 Yulu electric 2-wheelers in the coming year.
To be eligible for the Yulu Business Partner Programme, interested individuals or businesses must have an investment appetite ranging from Rs 50 lakh to Rs 2 crore. Additionally, they should possess a deep understanding of the local market and the ability to build partnerships with local city authorities and corporate entities.
Plug and Play model
The program’s plug-and-play model offers flexible options for partners to purchase Yulu’s purpose-built vehicles, swappable Li-Ion batteries, and charging systems. Moreover, each partner will gain access to Yulu’s complete technology platform, which includes artificial intelligence and machine learning capabilities. Yulu will also provide training and onboarding support to help partners independently manage their day-to-day operations.
Amit Gupta, Co-Founder and CEO of Yulu expressed the company’s belief in the potential for green mobility solutions beyond significant cities and voiced enthusiasm for merging Yulu’s expertise in shared electric mobility with the local knowledge and resources of entrepreneurs participating in the program.
Conclusion
The Yulu Business Partner Programme is a great opportunity for entrepreneurs who are looking to get into the shared electric mobility space. It offers a proven business model with the support of Yulu’s expertise and resources. If you are interested in learning more, please visit the Yulu website.
