The much waited Lollipop(Cyanogen OS 12 ) update for Micromax YU Yureka is out. Cyanogen OS 12 is take on Android 5.0 Lollipop, by Cyanogen Inc. with some customization. This update was due since YU first reveled on facebook page for 26 March. The update will roll out to every user within 3 days. Check for update in your Yureka phone, go to setting->about phone->system update and check it if available for your phone.
This update will come with Google's Material Design, notification enhancements, multitasking changes and more, there are a few Cyanogen-specific changes as well.