Zypp Electric Raises $15Mn Investment From ENEOS Updated On Mon, May 27th, 2024 by Saurenergy Zypp Electric, an Indian-based tech-enabled EV-as-a-service platform, has kicked-off its Series C funding round, raising $15 million. This round was led by Japanese major ENEOS, comprised of Series C1 funding of $15 million in equity closure as part of its ongoing $50m round, which splits into $40m equity and $10m in debt. The equity funding […] Read more
Zypp Electric Registers 3 Times Revenue Growth In FY24; Deploys 20k E-Scooters In 2023 Updated On Wed, Apr 3rd, 2024 by Saurenergy Electric Vehicle firm, Zypp Electric has announced that it had a three-times surge in revenue in FY24. The company has deployed an additional fleet of electric scooters across India, Zypp Electric has expanded its presence in six major metropolitan cities of Delhi NCR, Bangalore and Mumbai. According to Zypp Electric, this exponential growth underscores Zypp […] Read more
Zypp Electric Lands $25m Series B Round Updated On Thu, Feb 9th, 2023 by Saurenergy B2B delivery and shared mobility startup, Zypp Electric has raised $25 million in a Series B round led by Taiwan-based battery-swapping platform Gogoro. This is the first funding round for the Gurgaon-based company in 2023. The fundraise is a mix of $20 million equity and $5 million of debt funding. The round also saw participation […] Read more
Battery Swapping Giant Gogoro Enters India, Partners with Zypp Electric Updated On Mon, Nov 7th, 2022 by Saurenergy Taiwan based global battery swapping ecosystems developer Gogoro Inc has announced its entry in India with a pilot project that will begin in December 2022, by forging a strategic initiative and partnership with India’s Zypp Electric, an EV-as-a-Service platform. The official statement held that together, the companies are focused on accelerating the urban shift of […] Read more
Zypp Electric is Building India’s ‘First EV D2C Business’ Updated On Wed, Nov 3rd, 2021 by Saurenergy 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 […] Read more
Zypp Electric & Venture Catalysts In Tie-Up For Logistics Innovation Challenge Updated On Mon, Oct 18th, 2021 by Saurenergy Leading EV Logistics Tech delivery startup Zypp Electric has partnered with India’s leading early-stage incubator Venture Catalysts to support budding EV Startups. Under this drive, Zypp Electric with Venture Catalyst is organizing an innovative challenge programme named – Zypp EVolve – S1 – EV/Logistics Innovation Challenge. Zypp Electric will support every individual/team/startup who has disruptive […] Read more
Zypp Electric Raises About $7 M in Series-A Funding Round Updated On Wed, Sep 29th, 2021 by Saurenergy Hyperlocal and EV-based last-mile delivery start-up Zypp Electric said on Tuesday it has raised around USD 7 million (about Rs 52 crore) in a Series-A funding round amid its plans to expand its fleet to 10,000 vehicles across 25 cities in the next 12 months. The funding round was co-led by 9Unicorns and Anthill Ventures, […] Read more
Zypp Electric Launches Heavy Duty Cargo Scooters Starting Rs 59,000 Updated On Thu, Jul 15th, 2021 by Saurenergy Indian last mile delivery app Zypp Electric has announced the launch of “India’s first B2B heavy duty electric scooter”- Zypp Cargo. The company has priced the single-battery scooter at Rs 59,000 and the double-battery model at Rs 74,000. The company says that this heavy-duty scooter is specially built for last-mile logistics, can load upto 250 kg and […] Read more
Zypp Electric Drives Its Service in Hyderabad Now Updated On Mon, Jun 7th, 2021 by Saurenergy Zypp Electric, an EV-based startups focused on last-mile delivery, has announced the launch of its services in Hyderabad today. The company has started its operation with 100 EV bikers in Hyderabad, the city of Pearls, and one of the leading technology hubs of the country. With this, Hyderabad becomes the first city for Zypp Electric […] Read more
