13% and Enterprise hold 2. Electric Vehicle startup Zypp Electric is on a rapid expansion mode. To know first hand how it is like to work at Zypp Electric read detailed reviews based on various job profiles, departments and locations in the reviews section. Discover the story of how Zypp became a leading player in the EV industry. Subscribe. 55 1. The company, which is planning to enter new cities like Mumbai, Pune and Hyderabad is. 49 %, while Fund hold 28. Being the leader in EV logistics and rentals, Zypp is poised to drive its Mission Zero Emission and make India greener by adding 1. Save Petrol Cost. Its affordable, pollution free, eco friendly and traffic free shared mobility product best for. Number of Investors 30. You can also buy electric scooters, original parts, and used electric scooters. 1: $600K. New Delhi: Electric vehicle startup Zypp Electric announced it has launched India’s first B2B electric scooter ‘ Zypp Cargo ’ at Rs 59,000 for last mile delivery. Tanzania, Namibia, Zimbabwe, and Brazil. Besides, the company converted more than 1. The electric scooters will be sanitized before delivery as a precautionary measure against the ongoing coronavirus pandemic. Zypp Electric’s revenue from operations ramped up 4. 3: $2M. 5 Mn till date, of which $30 Mn was in equity and $7. 500,026,202. 4. The network of Zypp Electric is constantly growing and the number of employees headquartered in Gurugram, Haryana reaches more than 200. Each category will require a minimum of two riders to be eligible for the prizes on the basis of the earnings. 5 years. 5 million in debt or asset leasing. Zypp Electric recently raised $25 million in Series B funding led by Gogoro and a few other new and existing investors. India. In September 2021, BluSmart raised EV asset financing of $36 million to build India’s largest fully-electric ride hailing fleet and will scale to 5000 EVs by December 2022 across Delhi NCR. 9Unicorns Accelerator Fund: Nov 14, 2019: Seed Round - Zypp Electric . 3. 5 lakh e-scooters in the country over the next three years. 5 1. Right now, as an EV-as-a-Service platform, Zypp offers access to thousands of logistics businesses and delivery executives to go Electric with its rental fleet. Zypp Electric's business model is to make carbon-free last-mile delivery. Tata Motors share price; 636. 2 Series goes 170km in a full charge. Download the app: Login with your credentials and verify by OTP. Two-wheeler rental provides an easy and convenient way to own a motorcycle without paying maintenance costs. Zypp, which. Zypp Scooter Home Delivery You'll get a refreshing new look of your favorite EV app which we hope you'll love a lot more. Zypp provided 6. Zypp e-scooter rental plan - How it works: 1. 5 1. The latest appointment follows Zypp's recent announcement about raising $ 1 million in debt funding from Northern Arc to expand its EV fleet services. The startup had begun as an electric rental mobility company for commuters. The Tribal Box; 28 May 2021Grip Invest has raised ₹6 crores for Zypp Electric to help lease 750 electric two-wheelers, helping the startup expand its fleet. A pilot of. This husband wife duo, Akash Gupta and Rashi Agarwal launched their last mile delivery company Zypp Electric in 2017 with electric vehicles. Number of Lead Investors 6. Titan Company share price; 3,394. Security Deposit is Rs. Akash Gupta and his wife Rashi Agarwal founded Bycshare Technology Pvt Ltd in 2017 (Photos: Special Arrangement)The collaboration is set to play a pivotal role in Zypp’s ambitious expansion plan, which aims to increase its electric vehicle fleet by more than 1 lakh EV Fleet size by next year. New Delhi. Initial Investment: INR 5 Lac - INR 10 Lac. India's Leading E-Scooter Delivery App | Zypp Electric is India’s Leading Tech-Enabled EV-as-a-Service platform, founded in 2017 with a Mission. The EV platform has already deployed over 13,000 electric vehicles and aims to achieve more than one crore deliveries through its EVs by 2024. Zypp Electric's latest post-money valuation is from February 2023. Zypp Electric, which operates in the last-mile space, on Monday said it has raised USD 1 million (about Rs 7. Zypp, formerly known as Mobycy, was founded in 2017 by Gupta and Rashi Agarwal as a startup providing electric scooters on rent to customers. 5 Mn in debt or asset leasing. With a fleet size of 5,000 electric scooters, Zypp is currently present in Delhi-NCR and plans to expand to Mumbai, Bengaluru, Hyderabad, and Pune this year. Zypp Electric, co-founded by Akash Gupta and Rashi Agarwal in 2017, offers fleets of electric scooters for rent to its business clients, including ecommerce companies such as Flipkart. Ride the Glide. The Zypp model is such that if, on a. Careers Join Team Zypp, To Zypp your Career! We are on a mission to make Indian achieve ZERO POLLUTION. Read more here: lnkd. It also offers electric bike subscriptions for delivery executives. End ride on app at destinations to finish ride. Zypp Rent To Own 9. In September 2021, BluSmart raised EV asset financing of $36 million to build India’s largest fully-electric ride hailing fleet and will scale to 5000 EVs by December 2022 across Delhi NCR. Main menu;. As of now, we are one of the best rental companies in Bangalore, and we have rented out more than 1000 people so far and a total of four to five scooter brands are available for rent at our company. The startup began operations with 100 EV bikers in each of the two cities. Unlike other bike rental services, Zypp provides electric bikes designed specifically for delivery. According to Zypp co-founder Akash Gupta, the cost of setting up a battery swap station is maybe 1 Lakh rupees. Also Read : Yamaha MT-15 sales nears 10k mark in April'22 thanks to V2 update. The announcement comes as part of the company’s plan to extend services to 30 cities. Zypp Electric’s revenue from operations ramped up 4. Used Cars. 18%; Tata Motors share price; 680. 25 Lakh) (all prices Ex-showroom). Jan 27. This pales in comparison to the cost of BEV raw materials, which is now $8,255 per vehicle. Follow their journey from humble beginnings to innovative solutions and find out how they're changing the way we move. 6 crore) in debt funding from Northern Arc to expand its electric vehicle (EV) fleet services as it is looking to deploy 1. Overview. Zypp Electric has announced its association with Zomato for deploying 1 lakh e-scooters by 2024. The participant Get a chance to win a 42 inch LED Smart. State Bank Of India share price ; 563. Bycyshare Technologies Pvt Ltd. 1 million shipments from internal combustion engines to electric in the previous fiscal with plans in place to do four million pollution-free deliveries by March 2022, it said. 7 1. Zypp plans to deploy 200,000 electric scooters and expand its footprint to 30 cities. Founded Year. 50 Lakh in India. Currently, the company works with top grocery, medicines, food, and e-commerce players and other quick commerce. We are on a mission zero emission where we wish to accelerate last mile delivery to go 100% sustainable with EVs by 2028 while making it efficient, affordable, intelligent, and reliable. 65%. . Anvil - Henley-on-Thames based, 2023 founded, Unfunded company. Starting With Bike-Sharing Rental, Couple Scales to Rs 125 Crore Turnover E-Scooter Delivery Business. Get In Touch 7th Floor, Delta Tower-54, Institutional Area, Sector 44, Gurugram, Haryana - 122003, help@zypp. This comparison is a key point they make. IANS / Updated: May 2, 2023, 17:20 IST. Zypp Electric, an Indian startup that offers an EV-as-a-service platform catering to e-commerce companies and gig workers, has received a $25 million investment led by Taiwan's battery-swapping. and logistic companies joining hands with EV rental. Zypp Electric, 7th Floor, Delta Tower-54, Institutional Area, Sector 44, Gurugram, Haryana - 122003 The price ranges from Rs 599 to Rs 3000 per day. Scan Scooter: Go to nearest Zypp hub and scan scooter. The two companies have teamed up to electrify logistics fleets and last-mile deliveries using Gogoro’s battery-swapping stations. Founded in 2017, Zypp Electric makes last-mile delivery for local merchants as well as e-commerce companies. Zypp Electric is India's leading D2C EV brand which helps last mile delivery go electric, increase sales and revenue with doorstep delivery and reduce pollution. We at Zypp wish to be the first and the largest when it comes to electrifying. We are on a mission zero emission where we wish to accelerate last mile delivery to go 100% sustainable with EVs by 2028 while making it efficient, affordable, intelligent, and reliable. Zypp EV Everywhere. 05 2. Payback period: 2-3 Years. The company's platform allows its users to browse for bicycle locations and scan QR codes on the vehicle using the application on a subscription-based program to plan their traveling,. This husband wife duo, Akash Gupta and Rashi Agarwal launched their last mile delivery company Zypp Electric in 2017 with electric vehicles. com or call the Healthy Horizons Corporate office at 650-579-2726. As part of the association, Zypp will also provide delivery partners to Zomato for the last-mile. As the company goes on a hiring spree, Rashi Agarwal, Co. Enjoy e-bike delivery right to your location and set off for a full-day of easy cycling to discover picturesque and lush Victoria. Join 8000+ Zypp Pilots and take control of your earnings and savings with Zypp and become a part of mission zero emission towards emission free tomorrow. Akash Gupta, Co-Founder, and CEO, Zypee Electric says, “we expect to own 1,000 electric vehicles in both cities within the next. 600/day to Rs. Zypp Electric collected around 86% of its operating income from delivery services while the rest came from the vehicle rent and sale of products. The partnership would integrate 2000 Zypp Electric two-wheelers with Battery Smart’s network providing the drivers with seamless access to 175-plus swap stations across the Delhi NCR. Besides, Uber said it has teamed up with Zypp Electric for 10,000 EV two-wheelers in Delhi by 2024. This rating has decreased by -6% over the last 12 months. However, before you start your. Bajaj urbanite chetak on rent in delhi. Zypp Electric has raised $1Mn in debt funding from Northern Arc to expand its EV Fleet services. India's Leading E-Scooter Delivery App | Zypp Electric is India’s Leading Tech-Enabled EV-as-a-Service platform, founded in 2017 with a Mission Zero-Emission and to make India carbon-free by using an ecosystem of Electric Vehicles and EV-based technology to make last-mile logistics sustainable and. Updated On Apr 25, 2023 at 12:08 PM IST. It now has 300 clients and plans to reach 1,000+ partners by FY2022. 44%; Reliance Industries share price; 2,378. 5 lakh scooters spread across 18 Tier-1 cities by 2025 as part of its expansion plan. The funding round marks Gogoro's latest effort to expand in India, where EVs are receiving. Zypp Electric is a company providing electric scooter rental services with a mission of zero emissions. Rising fuel prices, long queues on fueling stations, stigma around COVID-19 leave these hassles to us. Tata Motors share price; 636. New Delhi: Zypp Electric, India's largest tech-enabled EV-as-a-service platform, has partnered with Zomato to deploy 1 lakh e-scooters by 2024. The heavy-duty bike has been designed for last-mile. Ride the HIGH PERFORMANCE powerful double battery scooter on rent starting at just Zypp Rental for delivery starting at Rs. Update KYC: Validate KYC with your Aadhar card and Driver's License. 5 lakh e-scooters in the country over the next three years. 10 Fundings. 5 million, including $7. Founded in 2017, the company offers EV as a service and last-mile solutions for e-commerce and food delivery platforms. We have four market horizon. Moreover, the. We have attractive B2B plans to enable your business, employees with green e-scooter rental plans or hire our end to end last mile delivery with a rider option. Zypp Electric, India's leading EV Logistics Tech Delivery start-up has announced setting up India's first EV D2C (Direct-to-Consumer). Zypp Electric, India's electric vehicle-based last-mile delivery start-up has announced a six-fold increase in annual revenue, as compared to the last financial year. Zypp Electric also intends to roll out over 1. This eliminates the need for businesses to. It pivoted from B2C to B2B in November 2019. Zypp e-scooter rental plan - How it works: 1. Zypp , an EV-as-a-service platform, raised $25 million in Series B funding led by Gogoro, a Taiwan-based battery swapping company. 5 years. Published On Dec 29, 2021 at 07:29 AM IST. In the next three months, we want to expand to a fleet of 1000 electric vehicles in both cities,” Akash Gupta, Co- Founder & CEO said. 1: $600K. Zypp Electric is known for Skill development which is rated at the top and given a rating of 3. Zypp Electric, which has raised $37. The venture has since grown into a Rs 125 crore business, boasting a fleet of 12,000 electric scooters under the Zypp Electric brand and providing last-mile delivery for e-commerce platforms. Zypp PickNDrop 4. According to Akash Gupta, Co-founder & CEO of Zypp Electric, they are adding 1,000 EVs every month on average to the existing fleet. With the new funds, Zypp aims to increase its fleet size from 10,000 to 200,000 electric vehicles and expand its footprint to 30 cities in India by 2025. More Stories on Electric MobilityZypp Electric debuted India’s first B2B heavy electric scooter, the ‘ Zypp Cargo ,’ in July 2021. Zypp Electric, India’s Leading EV-as-a-Service Platform, was established in 2017 with the goal of making India carbon-free by utilizing an ecosystem of electric vehicles and EV-based technology to provide sustainable and emission-free last-mile logistics. Association with Zeway & RWA/ Society Welfare Association may help residents to facilitate a low cost green mobility solution. Startup electric mobility services provider Zypp Electric is targetting to deploy 2 lakh vehicles in its fleet in the next three years and will need up to USD 300 million to fund its expansion, according to company CEO and co-founder Akash Gupta. This peak management ensures high earnings for every Zypp Pilot from Rs. Under the pilot project, Zypp and Gogoro are deploying 100 battery-swapping-enabled electric scooters in Delhi-NCR and six battery-swapping stations at Zypp hubs. startupstorymedia. app Ph: +91 8884890060Mumbai: Zypp Electric, which operates in the last-mile delivery space, announced its foray into the drone logistics segment and said it has partnered with TSAW Drones with its plans to deploy 200 drones in four cities in the first phase, according to a statement. We are on a mission zero emission where we wish to accelerate last mile delivery to go 100% sustainable with EVs by 2028 while making it efficient, affordable, intelligent, and reliable. Zypp receives investment commitment of Rs 35 crore, in talks to raise Rs 60 crore. 2Cr. Investors. Electric vehicle logistics firm Zypp Electric on Tuesday said it will hire and train 3,000 women as delivery partners by the end of 2022 as part of plans to expand its driver partner community to 25,000. 5X to Rs 21. Our Mission. Rapido will be onboarding more than 100 riders and electric two-wheelers. It is nearing the end of its Series B funding round, which is expected to raise $25-30 million. Zypp Electric - Last Mile Delivery, Gurugram. Ola - app for cab booking franchise. 5 times return with an IRR of 88%. Mumbai: 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. Scan QR code to unlock a scooter, e-bike parked in a dockless way at public places. Zypp Electric also claims to be an EBITDA-positive company. In case you’ve forgotten, Gogoro announced its India entry in back in November 2022 in association with Zypp Electric for a B2B pilot project. 9 of the Delhi Electric Vehicles Policy Act, 2020, which mandates logistic companies to go 100 percent electric by 2025. Gogoro claims that a battery can be swapped in just six seconds. Zypp Uno is a solo-ride e-scooter that can travel 55 kilometers on a single charge,. 500. Expected Price : ₹ 2 - 3. Zypp Electric is a company providing electric scooter rental services with a mission of zero emissions. Zypp Electric - Rental Business Manager (1-5 yrs) Gurgaon/Gurugram. Zypp Electric has an aggressive expansion plan on cards for this fiscal and the company plans to add 100+ employees to achieve this goal. app Ph: +91 8884890060Get In Touch 7th Floor, Delta Tower-54, Institutional Area, Sector 44, Gurugram, Haryana - 122003, help@zypp. Lectrix EV is renowned for its cutting-edge electric two-wheelers. Mobycy has now launched the pilot of Zypp in Huda City Centre, Gurugram with 300 e-scooters. 3. Here are the monthly estimated costs of bike rentals in India, Honda Dream Neo: Rs 3599-Rs 4000. Zypp Electric, which operates in the last-mile delivery space, is expecting its turnover to jump five-fold to Rs 25 crore during this fiscal while it plans to deploy one lakh electric vehicles in 2022, the company said on Tuesday. Edit Investors. It is made for Delivery and. ·. The company claims to have already put more than. The company makes money from ecommerce and food delivery companies for each order delivered and collects rentals from drivers for using its fleet. 87%; Indusind Bank share price; 1,470. . Strategic Talent Acquisition: Proficient in crafting and executing strategic. Zypp is growing its user base on Zypp rentals at 300. Zypp Electric introduced a heavy-duty scooter which it claims is specially built for last-mile logistics. Land Area Calculator. how techies and key hiring for the right roles have helped Zypp become an EV-based delivery giant. Zypp is growing its user base on Zypp rentals at 300% month on month with the plans of. . The founders discovered that half of all commutes in India are less than 5 kilometres long. Zypp Electric deploys 2,000 electric scooters in Bengaluru, aims to deploy 8,000 more in next 2 months May, 02, 2023 READ MORE Zypp Electric, Zomato join hands to deploy 1-lakh e-scooters for last-mile delivery by 2024Akash Gupta, CEO and Co-founder of Zypp Electric, said in an interview with PTI that the company is targeting a revenue of Rs 500 crore this financial year—a significant increase from the Rs 125. 27%;. Rental services often have specific types of bikes. Last month, Zypp Electric, a service provider for last-mile mobility, raised $25 million (mix of equity and debt) in Series B funding led by Gogoro, a Taiwan-based battery swapping company. Zypp Electric is an EV delivery app that operates in the last-mile space. Zypp Electric, co-founded by Akash Gupta and Rashi Agarwal in 2017, provides electric scooters on rent to its clients. New Delhi: EV-based last-mile delivery service provider Zypp Electric on Thursday announced the elevation of Tushar Mehta as Co-founder and Chief Operating Officer. NEW DELHI: Electric vehicle logistics firm Zypp Electric on Tuesday said it will hire and train 3,000 women as delivery partners by the end of 2022 as part of plans to expand its driver partner. Zypp is growing its user base on Zypp rentals at 300. The partnership is in line with section 4. ₹4,000/month ₹5,000 /month 20% off . It provides escooters for last-mile delivery to over 50 brands. zypp electric. 75 1. EV EVERYWHERE #MISSION ZERO EMISSION. Ongoing Royalty Fee: 10% No more hassle of paying EMIs and maintenance, become Zypp Pilot and get an electric scooter on easy rent with 120 kms range. 5 crores. 02%; Tech. Last month, Zypp Electric, a service provider for last-mile mobility, raised $25 million (mix of equity and debt) in Series B funding led by Gogoro, a Taiwan-based battery swapping company. Here are the daily estimated costs of bike rentals in India, Bajaj Platina: Rs 549. 6% and was trading at. Zypp Electric, an Indian last-mile delivery fleet management company, aims to deploy 200,000 electric vehicles (EVs) in the next two years and 500,000 in the next 3. 5 crores. In case you’ve forgotten, Gogoro announced its India entry in back in November 2022 in association with Zypp Electric for a B2B pilot project. Homegrown electric vehicle-as-a-Service platform Zypp Electric on Wednesday launched an EV fleet management system, called ZyppDash. 50 Lakh in India. The. Gogoro is going to launch it's 2 Series on November 2024 as an electric scooter at a starting price of Rs. Zypp Electric then makes a payout to drivers from the money collected from ecommerce companies. Zypp Electric Prepaid Rent for Lastmile Delivery | MissionZeroEmission Zypp Electric deploys 2,000 electric scooters in Bengaluru, aims to deploy 8,000 more in next 2 months May, 02, 2023 READ MORE Zypp Electric, Zomato join hands to deploy 1-lakh e-scooters for last-mile delivery by 2024 The price starts from Rs 3599 per month. ZyppElectric. Zypp Electric - Tech enabled EV as a service and delivery platform. The introduction of electric vehicles (EVs), which emit no particulate matter and will ultimately help protect our environment from smog and climate change, is nearly complete among consumers. Offering lastmile deliveries at a very nomiZypp Delivery Job | Zypp Electric Scooter Price | Zypp |zypp Hub mundka Zypp Rental Hub MundkaMy YouTube ch. Its products are Ola S1 and Ola S1x, an electric scooter for customers. zypp electric scooter price on road. Zypp Electric announced the launch of its services in Bengaluru and Pune. Zypp, which has 3,000 delivery riders, said new delivery partners will further empower it. At Zypp, we are looking for some strong OEM partners to work with us and supply 10k electric 2w vehicles in the next 4 months. Titan Company share price; 3,394. Update KYC: Validate KYC with your Aadhar card and Driver's License 3. A large number of the Indian population prefer to use rental and ridesharing services to reach their destination. Scan Scooter: Go to nearest. app Ph: +91 8884890060Sun Mobility, the energy infrastructure and electric vehicles (EVs) services provider has announced entering a new partnership with Zypp Electric, an EV logistics company. New Delhi: IAN Fund I has exited partially from Woodenstreet and Zypp Electric. The company debuted India's first B2B heavy electric scooter, the Zypp Cargo, last month in two variants, one, a single battery scooter for Rs 59,000 and the other is a double battery scooter for Rs 74,000. Zypp, which has 3,000 delivery riders, said new delivery partners will further empower it to enhance sustainable delivery capabilities. 6 1. A year later, it pivoted to an EV-as-a-service model. This example helps you to understand better. Monthly rentals are now available at a 20% discount for the first 50 users. He added, “We are actively working to transition the country’s last-mile logistics to electric by adding 1,000–1,500 electric scooters and more than 1,000 riders every month in our fleet. The company started out as an electric rental mobility company for commuters. The. Zypp e-scooters are fitted with IoT locks which can be remotely hired using a mobile app. NTPC share price; 253. High Performance Double Battery. How much does ZYPP electric franchise cost? ZYPP electric has the franchise fee of up to INR 250,000, with total initial investment range of INR 5 Lac to INR 10 Lac. Zypp Electric has 26 competitors. Prices Start At Rs. This app based e-Scooters to help Commuters Zip Away Last-mile Distances in Gurgaon. Zypp aims to transform last-mile delivery with the right EVs, battery swapping. The fresh funding brings Zypp Electric’s total raised to $37. Users will be able to load up to 250 kg and have an average mileage of 120 km in a single. Rashi plans to take Zypp Electric to the next level by scaling from 5,000 EVs to 25,000 by December, and is focused on expanding operations to Bengaluru, Hyderabad, Mumbai, Chennai, among others. 5 lakh e-scooters in the country over the next three years. The founders observed that 50 percent of the commute in India is less than 5 km. app Ph: +91 8884890060Given the growing EV demand, Zypp Electric also intends to roll out over 2 lakh electric scooters and expand its services to 20 Indian cities by the end of 2025. Zypp Electric, one of India’s leading EV logistics companies, has today announced that the company plans to expand its driver-partner community to 25,000 by the end of 2022. The company also onboarded 2,000 delivery executives to facilitate efficient last-mile delivery in the city and aims to hire 5,000. The company said it is also working on a long-term goal to have at least 50 per cent of the total employee strength to be women. Zypp Electric recently raised $25 million in Series B funding led by Gogoro and a few other new and existing investors. 1. Besides, ebike rental business is easily run and scalable. The total cost of setting up a battery swapping can vary depending upon the total capacity of batteries, the location of the swapping station, and the complexity of the replacing process. Over the last three years, Zypp Electric's revenue has been increasing 5x constantly. . A year later, it pivoted to an EV-as-a-service model. Previously, he was. Zypp is now valued at about six times the nearly $30 million valuation it fetched in the previous round, Gupta said, adding it is recording $20 million in annual recurring revenue and growing 20%. Start riding Zypp electric scooters by simply downloading the Zypp pilot app and ride more, save more. The company is adding 1000-1500 EVs. Gogoro is going to launch it's 2 Series on November 2024 as an electric scooter at a starting price of Rs. 95 1. You can unlock the e-scooter from Mobycy app through the QR Code. 5 million to date, so far deployed over 13,000 electric vehicles on the roads. 9Unicorns Accelerator Fund: Nov 14, 2019: Seed Round - Zypp Electric . This heavy-duty scooter is specially built for last-mile logistics, can load up to 250kg, and. India's Leading E-Scooter Delivery App | Zypp Electric is India’s Leading Tech-Enabled EV-as-a-Service platform, founded in 2017 with a Mission Zero-Emission. Overall, Zypp is a great option for businesses. This heavy-duty scooter, designed for last-mile logistics is capable of carrying up to 250 kg and has a 40 Ah battery and can go 120 kilometers in one charge. There are 332 electric scooty currently on sale from various manufacturers starting from 25,000. the Bike taxi platform Zypp Electric raised USD 7 million in series A funding. Electric mobility startup Zypp Electric said it plans to deploy 1 lakh electric scooters in the country for last-mile delivery by 2024. 100/day. Zypp Cargo electric scooter price Single battery variant of Zypp Cargo is available at a starting price of Rs 59,000. Akash Gupta, Co-Founder, and CEO, Zypee Electric says, “we expect to own 1,000 electric vehicles in both cities within the next three months. Zypp Electric has raised $1 mn in debt funding from Northern Arc to expand its EV fleet services. Logistics with strong build quality. The. 5 million in debt or asset leasing. Download the app: Login with your credentials and verify by OTP 2. The startup is now looking beyond Delhi-NCR—its biggest market so far—to Bengaluru for expansion. 206 crore) in series B funding. 2. 1. At the beginning of 2022, Zypp Electric announced joining hands with Mechanifyspares, a leading Indian online platform for auto components and spare parts for the e-vehicle industry. Zypp is now valued at about six times the nearly $30 million valuation it fetched in the previous round, Gupta said, adding it is recording $20 million in annual recurring revenue and growing 20%. Get In Touch 7th Floor, Delta Tower-54, Institutional Area, Sector 44, Gurugram, Haryana - 122003, help@zypp. Zypp Electric is an established rival. By renting an electric bike from Zypp, businesses can save up to 80% on traditional delivery costs. Investors. New Delhi: EV-based last-mile delivery service provider Zypp Electric on Thursday announced the elevation of Tushar Mehta as Co-founder and Chief Operating Officer. More than 401,786 batteries swapped per day in the last 30 days. Zypp Electric is providing rental facilities for E-bike at a quite reasonable price. 2 Series will get disc brakes. Zypp Delivery 3. Zypp Electric, a tech-enabled electric vehicle-as-a-service platform has announced its association with Zomato for deploying 1 lakh e-scooters by 2024. 13,753 likes · 42 talking about this · 40 were here. One rider must be from the National Capital Region (NCR), and the other rider must be from Bangalore. 504,967,566. 2 Lakh. Commenting about the association, Mohit Sardana, COO, Food Delivery at. So far, Grip has facilitated the leasing of assets worth more. Founded in 2017. Developer of an online mobile application intended to facilitate and offer a dockless bicycle and sharing service. 2. 44%; Reliance Industries share price; 2,378. However, the founders quickly pivoted when they recognized a massive. Zypp electric scooters come with 120km range, double battery, charger and dedicated customer support through a chain of Zypp Electric Hubs across Delhi NCR. Zypp Electric rolls out debut ESOP buyback worth Rs 1. Updated On Mar 9, 2022 at 10:53 AM IST. Zypp Electric's latest funding round was a Series B for $20M on February 8, 2023. It pivoted from B2C to B2B in November 2019. 6 and can be improved. Zypp Electric expects to grow 3x and hire 450-500 new employees, largely in technology and operations.