Browsing Tag
GEF Capital Partners
2 posts
Yulu targets 200,000-vehicle fleet after $93m financing as IPO revenue gap comes into focus
Yulu has raised $93 million to expand from 50,000 to 200,000 electric two-wheelers and enter more Indian cities. The funding strengthens its last-mile delivery platform, but management’s ₹1,200 crore to ₹1,500 crore revenue ambition means the business must scale far beyond simply adding vehicles.
GEF Capital Partners acquires controlling stake in EnviroMix
GEF Capital Partners, a private equity fund manager, has acquired a controlling stake in South Carolina-based EnviroMix for…