India, Dec. 5 -- Electric mobility service provider Yulu cut its FY25 loss by 12% to INR 126 Cr from INR 142.8 Cr loss incurred in the previous fiscal year on the back of a robust uptick in its top line.

The Bengaluru-based soonicorn clocked an operating revenue of INR 237.4 Cr in the fiscal year, up 98% from INR 119.9 Cr in the previous year. Including other income of INR 4.5 Cr, the total revenue of the startup stood at INR 241.9 Cr.

The startup generated a major chunk of its revenue from its shared electric micro-mobility service, which sees it offer in-demand last mile electric bikes to commuters in metros and rental services to the gig economy such as delivery executives and professional services personnel.

The revenue contributio...