India Digest: Bajaj Auto eyes Yulu; IAN exits Spinny

India Digest: Bajaj Auto eyes Yulu; IAN exits Spinny

Visual from Yulu website

Bajaj Auto is in advanced talks to pick up a stake in electric scooter rental startup Yulu while IAN said it has successfully exited its investment in Spinny, a used car buying and selling platform.

Bajaj Auto mulls investing in Yulu

Bajaj Auto is in advanced talks to pick up a stake for an investment of about $6-8 million in Bengaluru-based bicycle and low-speed electric scooter rental startup Yulu, The Times of India reported.

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