Zypp Electric is Building India’s ‘First EV D2C Business’ By Saur News Bureau/ Updated On Wed, Nov 3rd, 2021 Highlights : Zypp states that it’s on a quest to achieve 100% electrification in last-mile logistics and to assist businesses from all sectors in becoming carbon emission free. The firm now has a fleet of 2000+ electric scooters and provides 500k deliveries each month. Zypp aims to grow its fleet to 100,000 EVs in the next two years. Zypp Electric, an EV logistics tech delivery startup, claims to have built India’s 1st EV D2C business. Zypp states that it’s on a quest to achieve 100% electrification in last-mile logistics and to assist businesses from all sectors in becoming carbon emission free. Catering to a wide range of enterprises, including ecommerce companies, e-grocery, kirana stores, and restaurants, Zypp Electric handles end-to-end last-mile deliveries – from stores to customers’ homes – with various differentiated tech-enabled custom solutions, including the use of e-vehicles, service timing fixes, IoT-enabled battery swapping infrastructure, etc. The firm now has a fleet of 2000+ electric scooters and provides 500k deliveries each month. In India, last-mile delivery is an expanding business. According to KPMG, by 2025, India will have 6.1 million delivery executives doing last-mile deliveries. Zypp Electric & Venture Catalysts In Tie-Up For Logistics Innovation Challenge Also Read Last-mile logistics include more than just delivering a few packets; it might also entail hefty packages and many orders. Zypp Electric debuted India’s first B2B heavy electric scooter, the ‘Zypp Cargo,’ in July 2021. This heavy-duty scooter is designed for last-mile logistics and can carry up to 250 kg. It has a 40 Ah battery and can go 120 kilometres in one charge. It can accommodate multiple battery systems and have swappable batteries. Its resilience makes it ideal for shipping crates, pet bottles, cylinders, high load shipments, groceries, huge food bags, and ecommerce bulk shipments, among other items, making it an easy option for e-commerce, grocery, and B2B delivery firms in India. It’s known as a “Two Wheeler Truck” because of its tough and ruthless power to help with last-mile deliveries. At the last EV Expo, Zypp Electric received 5000+ open orders for this model and has already delivered 300 scooters in nine locations. Zypp Electric offers a wide range of investment and lease opportunities. It offers a one-of-a-kind buy, lease, and earn program under the Zypp Entrepreneurship Program, in which anybody can purchase electric scooters/loaders and lease them, receiving guaranteed monthly returns/rentals directly in their bank account. In comparison to other investment tools, this program offers returns of about 21% and is risk-free of market swings. Zypp Electric Raises About $7 M in Series-A Funding Round Also Read Zypp also assists its delivery riders in purchasing a scooter on simple EMIs over a period of 2-3 years with no additional interest, allowing each delivery rider to earn more and generate higher monthly profits. To achieve its aim of zero emissions, the company intends to grow its fleet to 100,000 EVs in the next two years. Bigbasket, Spencer, Amazon, Flipkart, Licious, and Myntra are some e-commerce, grocery, e-retail, and food tech companies with which Zypp claims to have worked. The firm now operates in nine cities: Delhi, Gurgaon, Ghaziabad, Noida, Faridabad, Mumbai, Bengaluru, Pune, and Hyderabad, where it recently debuted its services. The firm states that now has 300 clients and plans to reach 1,000+ partners by FY2022. “We are extremely proud to be the first EV D2C Business in India. Our goal is to achieve 100% electrification in last-mile logistics and to assist businesses from many sectors in becoming emission-free,” said Akash Gupta, Co-Founder & CEO of Zypp Electric. Tags: Akash Gupta, EV logistics tech delivery, Zypp Cargo, Zypp Electric