Business Categories
Bike Rental

Yulu Bikes Pvt.Ltd. Franchise Cost – How to get, Contact, Apply, Fee

  • Area Req
    -N/A-
  • Investment Range
    INR 1.00 Cr - 2.00 Cr
  • No. Of Franchise Outlets
    Less than 10

About brand - Yulu Bikes Pvt.Ltd.

About Us:

Yulu is a technology driven mobility platform to enable Integrated Urban Mobility across public and private modes of transport. Yulu's vision is to reduce traffic congestion by providing a scalable, affordable, efficient and clean solution for the first mile, last mile, and short distance commute.

We strongly believe that short commute mode can be made more Efficient, Affordable and GREEN, thereby ensuring that future generations will have a healthy environment to live. We want to replace big personal vehicles with a smaller form factor that does not require fossil fuel. Yulu bicycle uses IoT technology to create a vast network of shared dockless bicycles that can be rented easily by user-friendly app in pay per use business model.

Yulu’s Public Bicycle Sharing Service is driven by state of the art technology that includes a sophisticated mobile application, GPS and IoT (Internet of Things) Machine Learning and Artificial Intelligence technologies. It is India’s first, truly dock-less system thats driven by the only smart cycle that’s MADE IN INDIA and powered by solar energy.

The service includes unique features of finding the nearest cycle zone (Yulu Zone), scanning the QR code on the cycle that automatically opens the IoT based lock and paying using Digital Wallet. Unique features of the service includes YULU KEEP that allows users to take the cycle home for a COMMUTE from home to office and back, where they can KEEP the cycle for the night without being charged for holding the bike. The powerful platform includes sophisticated Logistics management to help with Sweeping and Balancing services to ensure availability of cycles as per demand.

We have deployed our services in many locations in Bengaluru, Pune and are in teh progress of expansing our services to more than 10 cities including Navi Mumbai, Mumbai, Nagpur, Chennai, etc.

Yulu Bikes Pvt.Ltd. Franchise Cost & Investment

Commenced Operations

Operations Commenced On 2017

Franchise Commenced On 2018

Franchise Details
Units

Investment INR 1 Cr. - 2 Cr

Franchise/Brand Fee INR 500000

Royalty/Commission 70 %

Details

Anticipated percentage return on investment 100 %

Likely pay back period of capital for a Unit Franchise 1-2 Years

Other investment requirements About 1 Cr for procuring 1000 cycles over 4 months

Yulu Bikes Pvt.Ltd. Expansion Plans

North

- NA -

South

- NA -

East

- NA -

West

Goa, Gujarat, Maharashtra

Central

Bihar

Union Territories

- NA -

 

Yulu Bikes Pvt.Ltd. Franchise Requirements

Type of property required for this franchise opportunity Domestic

Yulu Bikes Pvt.Ltd. Franchise Training

Detailed operating manuals for franchisees Yes

Franchisee training location Pune & Bengaluru

Is field assistance available for franchisee ? Yes

Expert guidance from Head Office to franchisee in opening the franchise Yes

Current IT systems will be included in the franchise Yes

Yulu Bikes Pvt.Ltd. Franchise Agreement Details

Do you have a standard franchise agreement? Yes

How long is the franchise term for? 3 Years

Is the term renewable? Yes

Disclaimer: Franchise India is an integrated franchise solution company since 1999, and an absolute authority on franchising and licensing. FIHL (www.franchiseindia.com) and the site sponsors accept no liability for the accuracy of any information contained on this site or on other linked sites. We recommend you take advice from a lawyer, accountant and franchise consultant experienced in franchising before you commit yourself. It is user’s responsibility to satisfy yourself as to the accuracy and reliability of the information supplied. Please read the terms & conditions on Franchise India.

How to get Yulu Bikes Pvt.Ltd. Franchise

Franchise India stands as a premier platform offering a wide spectrum of franchise opportunities across diverse industries. Embarking on your entrepreneurial journey through a franchise presents a promising venture. To get a Yulu Bikes Pvt.Ltd. franchise, you can fill up the application form provided on the website and our expert team will guide you with all the details viz. Yulu Bikes Pvt.Ltd. franchise fee, Yulu Bikes Pvt.Ltd. franchise cost, Yulu Bikes Pvt.Ltd. apply process and more. Our team will guide you during the process to avail Yulu Bikes Pvt.Ltd. franchise.

Interested in Yulu Bikes Pvt.Ltd. Franchise? Apply here

Insta Apply
YOU MIGHT ALSO BE INTERESTED IN THESE FRANCHISE OPPORTUNITIES
  • Car Wash / Ceramic Coating / Detailing
    5K Car Care Private Limited is a market leader in..
    Locations looking for expansion Tamil nadu
    Establishment year 2012
    Franchising Launch Date 2023
    Investment size Rs. 50lakh - 1 Cr.
    Space required 1200
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquarter Coimbatore Tamil nadu
  • Automobile Spares / Tyre
    # Revolutionizing Automotive Aftermarket Industry PIKPART revolutionizing the automotive aftermarke..
    Locations looking for expansion Haryana
    Establishment year 2018
    Franchising Launch Date 2019
    Investment size Rs. 5lakh - 10lakh
    Space required 500
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquarter Ballabgarh Haryana
  • Car Maintanance & Repair Services
    #Revolutionizing Automotive Aftermarket Industry- PIKPART revolutionizing the automotive aftermark..
    Locations looking for expansion Haryana
    Establishment year 2018
    Franchising Launch Date 2019
    Investment size Rs. 20lakh - 30lakh
    Space required 2500
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquarter Faridabad Haryana
  • Bike Maintanance & Repair Services
    Speedforce under the banner of Multi Brand 2 Wheeler Care..
    Locations looking for expansion Gujarat
    Establishment year 2017
    Franchising Launch Date 2017
    Investment size Rs. 5lakh - 10lakh
    Space required 400
    Franchise Outlets -NA-
    Franchise Type Unit, Multiunit
    Headquarter Vadodara Gujarat
  • The future of electric mobility in India is here, Odysse..
    Locations looking for expansion Maharashtra
    Establishment year 2020
    Franchising Launch Date 2023
    Investment size Rs. 20lakh - 30lakh
    Space required 1100
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquarter Mumbai Maharashtra
  • Bike Maintanance & Repair Services
    # Revolutionizing Automotive Aftermarket Industry- PIKPART revolutionizing the automotive afte..
    Locations looking for expansion Haryana
    Establishment year 2018
    Franchising Launch Date 2019
    Investment size Rs. 10lakh - 20lakh
    Space required 600
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquarter Faridabad Haryana
Apply Now

Free Advice - Ask Our Experts

pincode
;
ads ads ads ads