The Yulu Story: How Amit Gupta Built India’s Largest Shared Micromobility Company

10/11/2025 58 min Episodio 235
The Yulu Story: How Amit Gupta Built India’s Largest Shared Micromobility Company

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Episode Synopsis


Amit Gupta, Co-Founder & CEO of Yulu, joins Prabin Joel Jones on the Micromobility Podcast to share how Yulu became India’s largest shared electric vehicle platform and one of the few micromobility companies worldwide to achieve EBITDA profitability.From surviving the toughest years in mobility to building a battery-swapping network and scaling a fleet of 50,000+ vehicles, Amit walks through Yulu’s incredible journey and why EBIT profitability is key to unlocking non-dilutive growth capital and scaling to 1 million EVs.We cover Yulu’s early pivots, partnership with Bajaj, the rise of gig mobility in India, COVID resilience, and the company’s vision to become the “AWS of Mobility.”Talking PointsHow Amit Gupta went from co-founding InMobi, India’s first profitable unicorn, to launching YuluThe early days of shared bicycles and Yulu’s pivot to electric vehiclesWhy India’s traffic and infrastructure made Yulu’s design choices uniqueSurviving COVID and finding product-market fit through delivery use casesHow Yulu built a battery swapping network with 99.9% uptimeWhy profitability is the key to unlocking “infinite capital”Scaling from 50,000 to 1 million EVs and beyondLessons for founders on balancing growth and profitability in emerging markets🎧 Hosted by: Prabin Joel Jones📍 Presented by: Micromobility Industries🌐 Learn more: https://micromobility.io🎟️ Micromobility Europe 2026 will take place in Berlin - get your tickets at www.micromobility.io.

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