Bengaluru | 17th March 2020: YULU’s commitment in the segment of Micro mobility in the past 2 years has led to establishing the brand as the leading shared micro-mobility service provider. Yulu has recently been awarded the ‘Aegis Graham Bell Awards,’ one of the most respected awards in the country at its 10th edition which was powered by Niti Aayog and attended by the top corporates from Asia. YULU runs India’s largest EV-led micro-mobility platform, and it has been awarded the significant Aegis Graham Bell Award for Innovation in Transport Technology.
Over the past two years, YULU has quickly expanded to make affordable, shareable and reliable transportation available in 6 cities solving the problem of first- and last-mile connectivity. YULU’s technology-driven mobility platform uses IoT, AI, and ML for demand-supply management and efficient operations. Yulu bikes are designed for shared mobility and are made by efficient OEMs. As today’s cities require high-performance transport management systems (TMS) like YULU’s micro-mobility platform, YULU has emerged as a prominent player to bring innovation to transport technology to connect the unconnected areas and address the industry challenges to make the urban areas more liveable.
YULU started in the year 2017 in Bengaluru, a city infamous for its congested, chock-a-block roadways, to reduce overall carbon emissions involved in transportation and improve the air quality in the country. The technology-driven mobility platform intends to have a positive impact on a growing traffic problem taking over India’s cities. Backed by a strong technology product, YULU, in the past 24 months, has established an ecosystem and solved problems from parking issues to charging infrastructure to help people commute with ease and unravel the challenge of first- and last-mile connectivity.
Amit Gupta, Co-Founder, and CEO, YULU, mentioned that “The new world of connected intelligent devices is pushing the possibilities in the transportation industry and we at YULU intend to complement the public transport through our smart and tech-enabled micro-mobility solutions” He further added, winning at 10th AEGIS GRAHAM BELL Award for Innovation in transport tech means a lot for me personally and for the whole team because Tech is one of our strongest pillars to provide smart, sharable and sustainable commute solution. The Aegis Graham Bell Awards (AGBA) powered by Niti Ayog promote innovation and entrepreneurship in the Information and Communication Technology (ICT) domain. The awards were instituted ten years ago by The Aegis School of Business, Data Science, Cyber Security, and Telecommunication to honour and reward organizations that make an outstanding contribution in these fields.