Anuj Tewari, CFO of Bajaj Auto backed Yulu has been elevated to Co-founder status

• CA Anuj Tewari, CFO at Yulu, has been promoted to co-founder status.
• Since his appointment in 2020, he has been instrumental in steering the electric mobility startup’s ambitious growth strategy. 

Anuj Tewari, Yulu’s Chief Financial Officer (CFO) has been elevated to co-founder. (Yulu is a shared electric two-wheeler mobility startup that is backed by Bajaj Auto.)

Anuj is a Chartered Accountant (CA) and Chartered Financial Analyst (CFA).

In 2020, Anuj assumed the role of Chief Financial Officer (CFO) at the startup, and since then, he has been instrumental in shaping Yulu’s growth trajectory.

Anuj led complex negotiations for Yulu’s fundraising endeavors, successfully securing over $105 million.

Working closely with the leadership team, he strategically positioned Yulu as the sole unit-economics-positive entity in its category in India.

His strategic inputs will help the company achieve EBITDA positivity by the year-end.

Formally joining the existing founding team in November, which includes RK Misra (President Ecosystem Partnerships), Amit Gupta (CEO), and Naveen Dachuri (CTO), Tewari’s promotion to Yulu’s CFO comes at a pivotal moment.

The firm anticipates a 7-8 times increase in year-on-year revenue in FY 2023–24.

It also aims to quadruple its EV fleet while capturing a significant share of the last-mile mobility market in Bengaluru, Delhi, Gurugram, Mumbai, and Navi Mumbai.

Anuj’s professional career spans almost two decades, including roles at Barclays Bank as a Risk Manager, and Kipco Asset Management Company. Before joining Yulu, he held a position at Agility, a logistics firm headquartered in Kuwait.

“Over the last three years, his experience, insights, commitment, and ‘founder mentality’ have helped us achieve a strong growth trajectory. On behalf of all the co-founders and the entire Yulu team, I heartily congratulate him on his new role.” Amit Gupta, CEO and co-founder told the media.