Even as many Indians shared their optimism and came together to light candles and diyas for 9 mins at 9 PM on Sunday, 5th April 2020, the rise in the number of cases is not much of a positive news. The lockdown due to the Covid-19 has put a temporary halt on the mobility sector. From cabs to bikes — the Indian shared mobility sector has been hit really hard with companies facing a major decline in their operations.
Our next #StartupsvsCovid19 #AskMeAnything session will delve into the impact of Covid-19 lockdown on the shared mobility space and how the future of EV looks now.
With our past speakers such as Siddarth Pai, founding partner, 3one4 Capital who talked about the investment outlook in 2020; Ashish Tulsian, Cofounder & CEO, POSist who shared insights on reprioritisation of business needs for startup; and Dhruvil Sanghvi, CEO, LogiNext who discussed alternatives to the current supply chain model and Prashant Tandon, CEO, 1mg, who discussed the upcoming avenues in the healthtech domain in India, we are happy to announce our fifth guest for the series — Amit Gupta, Cofounder and CEO, Yulu
About The Session
In our session with Amit, the discussions would revolve around the reimagining of consumer mobility services post the impact of Covid-19. Amit will also be addressing the rise of shared and integrated mobility and whether Covid-19 would slowdown India’s EV sector.
The session will cover:
- Will Micro-Mobility Be Extending To Medium Distance Mobility?
- The Need For Personal Space In Consumer Mobility
- Balancing Efficiency, Cost and Demand
- The Rise of Shared & Integrated Mobility
- Will EV Take A Back Seat?
About Amit Gupta And Yulu
Founded in 2017 by Amit Gupta, RK Misra, Naveen Dachuri and Hemant Gupta, Yulu’s vision is to decongest urban traffic by providing a highly scalable, affordable, efficient and green mode for the first & last mile connectivity and short distance commute. The startup has received a total of funding of $16.5 Mn from key investors such as Blume Ventures, 3one4 Capital, WaveMaker and Bajaj Auto Limited.
The EV startup is currently operational in five cities with a central team size of 150 people and a customer base of 2 Mn people managing a fleet of 14,500 bikes. In the long run, Yulu aims to be present in 100+ cities to become the most dominant micro-mobility player in India by using a combination of a company-owned – company- operated, as well as franchise-owned – franchise-operated model.