Friday, July 19, 2024
Outlook.com
Outlook India
Outlook Business

Amit Gupta

The company said funds will be allocated to develop advanced services for Direct-to-Consumer brands and enhancing it express delivery network.

After major investors Blackrock and Prosus cut the valuation of the edtech firm to $1 billion and $3 billion, respectively, the latest rights issue pegs the pre-money valuation at a meagre $25 million, slumping more than 99% from its peak valuation of $22...

Gurugram is Yulu's fourth city after Bengaluru, Mumbai and Delhi, where it already operates a shared fleet of over 25,000 electric vehicles