Amit Gupta, Co-Founder & CEO of Yulu, joins Prabin Joel Jones on the Micromobility Podcast to share how Yulu became India’s largest shared electric vehicle platform and one of the few micromobility companies worldwide to achieve EBITDA profitability.

From surviving the toughest years in mobility to building a battery-swapping network and scaling a fleet of 50,000+ vehicles, Amit walks through Yulu’s incredible journey and why EBIT profitability is key to unlocking non-dilutive growth capital and scaling to 1 million EVs.

We cover Yulu’s early pivots, partnership with Bajaj, the rise of gig mobility in India, COVID resilience, and the company’s vision to become the “AWS of Mobility.”Talking Points

• How Amit Gupta went from co-founding InMobi, India’s first profitable unicorn, to launching Yulu
• The early days of shared bicycles and Yulu’s pivot to electric vehicles
• Why India’s traffic and infrastructure made Yulu’s design choices unique
• Surviving COVID and finding product-market fit through delivery use cases
• How Yulu built a battery swapping network with 99.9% uptime
• Why profitability is the key to unlocking “infinite capital”
• Scaling from 50,000 to 1 million EVs and beyond
• Lessons for founders on balancing growth and profitability in emerging markets