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Zypp Electric

Zypp Electric Appoints Parag Raheja As Executive Vice President

Gurugram-based Zypp Electric, an electric vehicle EV-as-a-service platform, appointed Parag Raheja as Executive Vice President. In his new role, Parag spearheads the fleet operations and rider experience functions for the company. With a career spanning over 15 years, Parag brings a wealth of experience in scaling business operations, leveraging technology, and driving customer-centric processes, the […]

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Zypp Electric Partner With e-Sprinto To Electrify The Last Mile

Zypp Electric, India’s EV-based last-mile delivery service, has entered into a partnership with e-Sprinto, an electric two-wheeler company. This collaboration aims to deploy 30,000 e-Sprinto high-speed electric vehicles into Zypp Electric’s fleet over the next three years. The partnership will also focus on providing top-tier after-sales service and support to the pilots, ensuring the fleet’s […]

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Zypp Electric Raises $15Mn Investment From ENEOS

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 […]

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Zypp Electric Registers 3 Times Revenue Growth In FY24; Deploys 20k E-Scooters In 2023

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 […]

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Zypp Electric Lands $25m Series B Round

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 […]

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Battery Swapping Giant Gogoro Enters India, Partners with Zypp Electric

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 […]

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Zypp Electric is Building India’s ‘First EV D2C Business’

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 […]

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Zypp Electric & Venture Catalysts In Tie-Up For Logistics Innovation Challenge

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 […]

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Zypp Electric Raises About $7 M in Series-A Funding Round

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, […]

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