5 1. We are committed to helping India to reach its milestone of 70% of commercial electric vehicles by 2030. Zypp is solving the major concern of low earning of gig-workers by creating a peak management focus system which enables orders coming in during crucial peak hours for various gig-works like Bike taxi, groceries, food, Ecom and Hyperlocal. The company started out as an electric rental mobility company for commuters. Bootstrapped with 1. Overview. 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. The company will utilize the funds across its operations. Tax benefits: If you buy or rent an EV, you might enjoy tax benefits. The Future of Zypp Electric. 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. Zypp receives investment commitment of Rs 35 crore, in talks to raise Rs 60 crore. Zypp Electric, founded in 2017 by Akash Gupta and Rashi Agarwal, rents out electric scooters to customers. app Ph: +91 8884890060 Zypp Electric, the EV-as-a-service platform, raised $1Million in debt funding from Northern Arc to expand its EV fleet services. Expected Launch : Nov 17, 2023. This is the reduction in greenhouse gas emissions of all electric scooters using Gogoro Network service compared with ICE scooters so far in Taiwan. 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. 2 Series goes 170km in a full charge. Zypp Electric. 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. The company. Zypp Electric rolls out debut ESOP buyback worth Rs 1. 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. 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. It now has 300 clients and plans to reach 1,000+ partners by FY2022. Strategic Talent Acquisition: Proficient in crafting and executing strategic. 500. . Known for their last-mile connectivity, these rental e-bikes and cycles can be found across the city at various spots. Benling falcon on rent in delhi. Used Cars. 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, formerly known as Mobycy, was founded in 2017 by Gupta and Rashi Agarwal as a startup providing electric scooters on rent to customers. Our Mission. Titan Company share price; 3,394. Zypp is working to convert all deliveries for e-commerce, grocery, medicine, and food vertical to go electric with an e-scooter sharing app. 5 lakh e-scooters in the country over the next three years. With fuel and labor costs rising, many delivery companies are turning to Zypp Electric’s electric. “In the US, the ICE raw-material content was at $3,662 per vehicle, which makes it nearly double the pre-pandemic levels. 500,026,202. The. Both these companies have tremendous potential going forward and the Fund has retained the major part of its. 5million in debt or asset leasing) in total. Zypp Rentals 2. Listen to This Article. 1. Lastly, Zypp is a convenient and cost-effective solution for delivery services. As part of the tie-up, Zypp will also provide delivery partners to Zomato for the last-mile deliveries in various cities across the country, Zypp said in a statement. 100% Electric 0 Fuel Cost. Zypp EV Everywhere. 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. Our Mission. The burgeoning urban congestion in major cities has. 02%; Tech. Investments 1 Total Funding Amount Unlock for free Employee Profiles 3 Investors 30 Similar Companies 9 Recent News & Activity Jul 27, 2023 • Jul 27, 2023 In A First, Zypp. Mehta has extensive experience of over a decade in building businesses for Mahindra & Mahindra and Kotak Mahindra Bank. Zypp Electric’s revenue from operations ramped up 4. Electric mobility startup Zypp Electric said it plans to deploy 1 lakh electric scooters in the country for last-mile delivery by 2024. Get your own Electric Scooter on Rent at affordable prices starting at INR99 per day across Delhi, Gurgaon, Noida, and Ghaziabad. Zypp Electric is an established rival. 13,753 likes · 42 talking about this · 40 were here. 5 hours. According to Zypp Electric, the company has hired more than 1100 personnel during the pandemic,. In a statement on Thursday, it said that 15 employees, who have been a part of the company for over a year, have been allocated Rs 1. Our Mission. How do I get a breast pump? Email [email protected]%; Tech Mahindra share price. 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. Zypp Electric currently offers fully electric two-wheelers to e-commerce agencies delivering food and other items. The rocky road to EV financing. We at Zypp wish to be the first and the largest when it comes to electrifying. 1. Zypp, with its rental of electric bikes and comprehensive suite of services, is an excellent choice for businesses looking to take advantage of the latest advances in delivery technology. India's largest last mile delivery electric mobility app. Zypp is growing its user base on Zypp rentals at 300. Zypp Uno is a solo-ride e-scooter that can travel 55 kilometers on a single charge,. ₹4,000/month ₹5,000 /month 20% off . Zypp Electric, which has raised $37. Zypp offers weekly/monthly subscription plans beginning at Rs. New heavy duty scooter launched by Zypp Zypp Electric India has also announced the launch of India’s first B2B heavy electric scooter ‘Zypp Cargo’. Zypp is growing its user base on Zypp rentals at 300 per cent month-on-month with the plans of expansion and investment on more scooters under its fleet. The. Zypp Electric also intends to roll out over 1. The. Source: Zypp website. With the fresh funding in the kitty, Zypp has raised a total of USD 12. The company aims to use debt as a new expansion funnel along with the. Starting With Bike-Sharing Rental, Couple Scales to Rs 125 Crore Turnover E-Scooter Delivery Business. 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. Making last-mile delivery more affordable, time-saving, and with zero emission. The company, which is planning to enter new cities like Mumbai,. Zypp Electric has deployed 2,000 electric scooters and onboarded 2,000 delivery executives in Bengaluru to expand its last-mile delivery services. The Gurugram-based startup raised the capital as a mix of. The price of cobalt, nickel, and lithium is largely to blame for the disparity. The company makes money from ecommerce and food delivery companies for each order delivered and collects rentals from drivers for using its fleet. The funding round marks Gogoro's latest effort to expand in India, where EVs are receiving. Zypp Electric deploys 2,000 electric scooters in Bengaluru, aims to deploy 8,000 more in next 2 months. VA-YU is an electric scooter rental platform in delhi. Zypp for Delivery - Rental: Free Android app (3. Gogoro partners Zypp Electric for battery swapping pilot, first 100 vehicles to roll out in December;. Called Rapido EV, the new electric bike taxi is intended to reduce carbon. It provides escooters for last-mile delivery to over 50 brands. Zypp, which. Zypp Electric. Indian last mile delivery app Zypp Electric has announced the launch of “India’s first B2B heavy duty electric scooter”- Zypp Cargo. 9Unicorns Accelerator Fund: Nov 14, 2019: Seed Round - Zypp Electric . EV-as-a-service platform Zypp Electric and Zomato. 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. Zypp Electric, which operates in the last-mile. Company profile, information and contact info for Ogden Point Electric Bike Rentals - 89 Dallas Road, Victoria, BC from ProFile Canada, Canada's most trusted Business. app Ph: +91 8884890060Zypp Electric, the EV-as-a-service platform, raised $1Million in debt funding from Northern Arc to expand its EV fleet services. A year later, it pivoted to an EV-as-a-service model. Zypp Electric is a leading last-mile delivery fleet management company operating with 100% Electric Vehicles. We are committed to helping India to reach its milestone of 70% of commercial electric vehicles by 2030. Zypp Electric has an active fleet of more than 5000 e-scooters and is also planning to deploy over 1. Besides, the company converted more than 1. India’s leading mobility startups and founded in 2017. Taxi & Car Services. 51%; Sun Pharmaceutical Industries share price. Zypp Electric has deployed 2,000 electric scooters and onboarded 2,000 delivery executives in Bengaluru to expand its last-mile delivery services. Taiwan-based electric two-wheeler and battery-swapping brand, Gogoro, has successfully homologated two electric scooter models in India. 6-2. 5 million with the new funding. IAN Fund: Show More . Type: Company - Private. Women riders account for 10 per cent of all trained riders. State Bank Of India share price ; 563. Provider of electric-two-wheeler rental services for delivery professionals. Starting With Bike-Sharing Rental, Couple Scales to Rs 125 Crore Turnover E-Scooter Delivery Business. app Ph: +91 8884890060New 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 community to 25,000. High Performance Double Battery. Say Goodbye to rising fuel prices, Say hello to Zypp Rentals. So far, Grip has facilitated the leasing of assets worth more. M2Go Electric Vehicle. This husband wife duo, Akash Gupta and Rashi Agarwal launched their last mile delivery company Zypp Electric in 2017 with electric vehicles. This example helps you to understand better. A year later, it pivoted to an EV-as-a-service model. The company aims to use debt as a new expansion funnel along with. Scan QR code to unlock a scooter, e-bike parked in a dockless way at public places. Zypp Electric converted more than 1. More Stories on Electric MobilityZypp Electric debuted India’s first B2B heavy electric scooter, the ‘ Zypp Cargo ,’ in July 2021. Edit Investors Section. Zypp Electric is a company providing electric scooter rental services with a mission of zero emissions. Zypp is a one-of-a-kind electric bike rental service that stands out among delivery services. Zypp Electric is an EV-as-a-Service platform that offers last-mile delivery solutions. 81%; Tech Mahindra share price. 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. 5 lakh scooters by 2025. Zypp Electric, like most other delivery and logistics players, follows an asset-light model, but it does not mandate individuals to invest in EVs to become a rider with it. As the company goes on a hiring spree, Rashi Agarwal, Co. Zypp Taxi 6. Number of Lead Investors 6. Read more here: lnkd. Raised a total funding of $37. 1000/day on average. Zypp Electric then makes a payout to drivers from the money collected from ecommerce companies. Zypp Electric 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. This husband wife duo, Akash Gupta and Rashi Agarwal launched their last mile delivery company Zypp Electric in 2017 with electric vehicles. Zypp Electric made its debut in India with its first B2B heavy electric scooter, the ‘Zypp Cargo,’ in July 2021. January 24, 2022. Expected Price : ₹ 3 - 3. (Nasdaq: GGR), a global technology leader in battery swapping ecosystems that enable sustainable mobility solutions for cities, today announced a strategic B2B initiative. A pilot of. 504,967,566. If the electric scooter is registered in your company’s name, you can benefit. Edit Investors Section. Unlike other bike rental services, Zypp provides electric bikes designed specifically for delivery. ·. LtoR: Tushar Mehta, (Co-founder & COO), Rashi Agarwal, (Co-founder & CBO), Akash Gupta, (Co-founder & CEO). 650/week for Zypp Uno and Rs. 6M over 10 rounds. 5 years. Bycyshare Technologies Private Limited is a startup specializing in the production of electric vehicles for delivery professionals. Image: Madhu Kapparath. . in this video We discuss about all the point. The company also earned Rs 88 lakh of. 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. 5 lakh electric scooters in India by 2025. 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. Gurgaon, India. This app based e-Scooters to help Commuters Zip Away Last-mile Distances in Gurgaon. Zypp Electric has launched the country’s first B2B heavy-duty IoT enabled electric scooter named Zypp Cargo. Their platform allows customers, individual consumers, and large e-commerce businesses to rent vehicles easily, access Zypp's charging infrastructure, and capture valuable data insights related to last-mile logistics. Tata Motors share price; 636. The company said that the association is part of a larger plan of Zomato to go completely. 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. Rent to Own; Zypp News; Careers; Contact Us; Get In Touch 7th Floor, Delta Tower-54, Institutional Area, Sector 44, Gurugram, Haryana - 122003,. Zypp e-scooters are fitted with IoT locks which can be remotely hired using a mobile app. What is the price of the Zypp Cargo electric scooter? Zypp Cargo electric scooter is available in two variants a single-battery version at Rs 59,000 and a dual-battery one at Rs 74,000. The app requires users to maintain a balance in a mobile wallet and deducts a security deposit. Zypp Electric has raised $35. India Electric Bike Rental Market Size & Share Analysis - Growth Trends & Forecasts (2023 - 2028). Founded in 2017, Zypp Electric makes last-mile delivery for local merchants as well as e-commerce companies. 51 to 200 Employees. 8 1. Scooter has the best suspension and load. 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. Updated Jul 18, 2022, 3:01 PM IST. 600/day to Rs. Monthly rentals are now available at a 20% discount for the first 50 users. Benling aura on rent in delhi. With the electric scooter and motorcycle market booming in India, Gogoro and Zypp are set to take full advantage of Gogoro’s battery swapping as an effective tool to keep those EVs on the road. 950/week for Zypp Thunder. Delta Tower-54, Institutional Area, Sector 44, Gurugram, Haryana - 122003. May 29, 2023. Zypp is growing its user base on Zypp rentals at 300. 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. The company plans to deploy 1. Post Round Holding %. 15 1. Zypp Electric was founded in 2017 as a bicycle rental platform. We are not just a team, We are a family! Zypp Electric 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 emission free. TVS Zeppelin. Founded by Akash Gupta, Rashi Gupta and 1 other in the year 2017. 4. It’s really helpful for consumer budget as well as it’s helpful for reducing the environmental pollution. Titan Company share price; 3,394. Published On Dec 29, 2021 at 07:29 AM IST. 5 million to date, so far deployed over 13,000 electric vehicles on the roads. 6 1. Gogoro has homologated the 2 Series electric scooters. The company rents EVs to riders at starting prices of INR 100 per day. Moreover, the bikes are available for multiple durations- daily, weekly, and monthly. Funding, Valuation & Revenue. Zypp Electric works with various OEM partners to buy, rent and lease vehicles that are particularly suited to the task of last-mile delivery. Phone Number 911244789888. 100/day and go green with ZERO EMISSION. IAN Fund: Show More . Submit Request. 5 million to date, so far deployed over 13,000 electric vehicles on the roads. The company is adding 1000-1500 EVs. 1. Logistics with strong build quality. Sign InPublished On Jul 16, 2021 at 11:21 AM IST. Magazine. Scan Scooter: Go to nearest. Zypp Electric 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 emission free. Being the leader in EV logistics and rentals, Zypp is poised to drive its Mission Zero Emission and make India greener by adding 1. Zypp Electric has raised $37. Download the app: Login with your credentials and verify by OTP 2. Zypp Electric Appoints Gajendra Arya As Senior Vice President - Technology. zypp electric scooter price on road. 27%;. Seed Round - Zypp Electric . @toi. 2. This association is a part of a larger plan of Zomato to go completely electric by 2030 as part of its commitment to “The Climate Group’s EV100” initiative. Founder s own the majority of Zypp Electric 's shares, accounting for 43. This new partnership will see Gogoro prov. . Here are the monthly estimated costs of bike rentals in India, Honda Dream Neo: Rs 3599-Rs 4000. It’s really helpful for consumer budget as well as it’s helpful for reducing the environmental pollution. We have electric scooters, electric loaders to serve. 100/day. Today about 4,000 riders are using Zypp Electric EVs and platforms to earn a livelihood, stated Gupta. The first investment comes in the form of Zypp Electric with the launch of 250 Hero Electric two-wheelers in New Delhi. Free; Land Area Calculator for android from One Software App. 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 Zypp General Information. Zypp Cargo electric scooter launched in India at a starting price of Rs 59,000. Scan Scooter: Go to nearest. Taiwan-based electric two-wheeler and battery-swapping brand, Gogoro, has successfully homologated two electric scooter models in India. Our aim is to keep on helping Users with their various automobile needs. 7 1. The rocky road to EV financing. . 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. app Ph: +91 8884890060Get In Touch 7th Floor, Delta Tower-54, Institutional Area, Sector 44, Gurugram, Haryana - 122003, help@zypp. In this strategic collaboration, Lectrix EV will leverage its expertise and resources to supply. Seed Round - Zypp Electric . Mobycy Zypp is India's 1st electric scooter and electric car sharing, with custom rental e-scooters ZYPP, cars and bike sharing platform app. Zypp Swap 8. Zypp Electric announced the launch of its services in Bengaluru and Pune. The company has further plans. Zypp Electric is a company providing electric scooter rental services with a mission of zero emissions. April, 20, 2023 READ MORE. The company also onboarded 2,000 delivery executives to facilitate efficient last-mile delivery in the city and aims to hire 5,000. As part of the tie-up, Zypp will also provide delivery partners. Zypp Electric deploys 2,000 electric scooters in Bengaluru, aims to deploy 8,000 more in next 2 months. 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. 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. EV-as-a-service platform Zypp Electric said it has raised $25 million led by Gogoro, a global technology leader in battery swapping ecosystem, in its series B funding. 5 Cr Zypp Electric has offloaded 20% of its ESOPs to 15 dedicated employees who have been with the EV services provider for over a year. This pales in comparison to the cost of BEV raw materials, which is now $8,255 per vehicle. 5 million in debt or asset leasing. EV EVERYWHERE #MISSION ZERO EMISSION. About Zypp. And cover the short-mile distance in a. The Zypp Cargo is the latest load-carrying electric two-wheeler. 95 1. HCL Technologies share price; 1,311. This rent is for a fully charged electric bike with a range of around 120 km. Mobycy has now launched the pilot of Zypp in Huda City Centre, Gurugram with 300 e-scooters. Starting With Bike-Sharing Rental, Couple Scales to Rs 125 Crore Turnover E-Scooter Delivery Business. Indian e-logistic service provider. Founded in 2017 by Akash Gupta, Rashi Agarwal, and Tushar Mehta, Zypp started as a commuter electric rental mobility provider. 5 lakh EVs over the next 3 years,". Get In Touch 7th Floor, Delta Tower-54, Institutional Area, Sector 44, Gurugram, Haryana - 122003, help@zypp. Akash Gupta, Co-founder, and CEO commented this launch saying, At Zypp Electric, we are bridging the gap of EV adoption for delivery with our fleet and trained manpower for EVs. The fresh funding brings Zypp Electric’s total raised to $37. There are 332 electric scooty currently on sale from various manufacturers starting from 25,000. Yulu. A year later, it pivoted to an EV-as-a-service model. 5 crore and the company is looking to close FY22 at over Rs. app Ph: +91 8884890060By CNBCTV18. 85% of employees would recommend working at Zypp Electric to a friend and 77% have a positive outlook for the business. The company says that this heavy-duty scooter is specially built for last-mile logistics, can. Zypp delivery job | Zypp me kaam kaise kare | Zypp scooty kaha se le | zypp pilot id kaise banaye zypp electric scooter price rent zypp electric scooter. This comparison is a key point they make. Get In Touch 7th Floor, Delta Tower-54, Institutional Area, Sector 44, Gurugram, Haryana - 122003, help@zypp. Under the association, the company will also provide delivery partners to Zomato for the last-mile deliveries in various cities across the country. In India, the ride-sharing market still has a long way to go to develop and is expected to grow at a CAGR of 20. Bootstrapped with 1. and logistic companies joining hands with EV rental. . Zypp Electric has raised $1 mn in debt funding from Northern Arc to expand its EV fleet services. The partnership is in line with section 4. The Taiwanese electric scooter and battery swapping station manufacturer Gogoro expects to. Latest IssueZypp Electric Scooter Rentals for Android, free and safe download. The company launched the product virtually through a webinar that was attended by investors, dealers, business associates, and other. 5 Mn in debt or asset leasing. Bajaj urbanite chetak on rent in delhi. This peak management ensures high earnings for every Zypp Pilot from Rs. Monthly rentals are now available at a 20% discount for the first 50 users. This eliminates the need for businesses to. The company aims to use debt as. The most popular products under this bracket are the AMO Electric Jaunty (Rs 62,500), Ola S1 Pro (Rs. 2. 4. We are committed to helping India to reach its milestone of 70% of commercial electric vehicles by 2030. Updated Apr 08, 2022, 12:30 PM IST. 25 Lakh) (all prices Ex-showroom). 40 Lakh) and TVS iQube (Rs. Zypp Electric rolls out debut ESOP buyback worth Rs 1. Gogoro claims that a battery can be swapped in just six seconds. Initial Investment:. Unlike other bike rental services, Zypp offers electric bikes that are specifically designed for delivery. Zypp Electric has deployed 2,000 electric scooters and onboarded 2,000 delivery executives in Bengaluru to expand its last-mile delivery services. 49 %, while Fund hold 28. Zypp Electric Rental | 100rs देकर 1500rs रोज़ कमाओ| Zypp Scooty Rent पर कैसे ले ? Zypp ElectricZypp Electric Rental | 100rs देकर 1500rs रोज़. Number of Investors 30. 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%. Zypp Electric's top competitors include Ola Electric Mobility, Bounce Infinity, and EVeez. 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, formerly known as Mobycy, was founded in 2017 by Gupta and Rashi Agarwal as a startup providing electric scooters on rent to customers. 9 of the Delhi Electric Vehicles Policy Act, 2020, which mandates logistic companies to go 100 percent electric by 2025. 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. 1. If the electric scooter is registered in your company’s name, you can benefit. 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. ‘Price hike despite fall in input costs paid off well’ 2 weeks ago October 16, 2023. and logistic companies joining hands with EV rental. This rating has decreased by -6% over the last 12 months. Update KYC: Validate KYC with your Aadhar card and Driver's License 3. Provider of electric bike services to logistic and delivery companies and to individuals. startupstorymedia. Our Mission. The company rents EVs to riders at starting prices of INR 100 per day. 49 % at a net worth of INR 90. 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. Founded Year. Zypp Electric announced the launch of India’s first B2B heavy electric scooter ‘Zypp Cargo’ in two variants- the single battery scooter is priced at Rs 59,000 and the double battery version will cost Rs 74,000 (both prices ex-showroom, India). It. The company currently delivers groceries, medicines, food & packages. 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. 15 1. Range: 110km in a single charge. Seed Round - Zypp Electric . 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. The aim of Zypp Evolve is to provide a platform for startups to showcase their ideas and receive valuable guidance, mentorship, and funding to scale up their businesses. Follow us. Their app-based rental platform offers electric two-wheelers specifically designed for delivery purposes. Zypp Electric is India's Leading Tech-Enabled EV-as-a-Service platform, founded in 2017 with a Mission Zero-Emission to decarbonize last-mile deliveries in India with an ecosystem of Electric. The. In 2019, the founders noticed that last-mile delivery was rapidly growing at a rate of 30 percent year on year, particularly in the ecommerce and e-grocery segments. Land Area Calculator. 5 million to date, so far deployed over 13,000 electric vehicles on the roads. 76 crore in FY21,. The startup, which provides EVs for last-mile delivery for online stores, plans on using the funds to increase its fleet size to 200,000 EVs from 10,000, and expand to 30 Indian cities including Chennai and. So, if you're a startup looking for an opportunity to. 6 crore) in debt funding from Northern Arc to expand its electric vehicle (EV) fleet services as it is looking to deploy 1. Zypp Electric then makes a payout to drivers from the money collected from ecommerce companies. 05 2. April, 20, 2023 READ MORE. "The electric logistics vision is a $123 billion market in India and we can see multiple unicorns in this space. Kindly update asap and Zypp-it. Get In Touch 7th Floor, Delta Tower-54, Institutional Area, Sector 44, Gurugram, Haryana - 122003, [email protected] Electric Prepaid Rent for Lastmile Delivery | MissionZeroEmissionThe company rents EVs to riders at starting prices of INR 100 per day. According to Akash Gupta, Co-founder & CEO of Zypp Electric, they are adding 1,000 EVs every month on average to the existing fleet. The electric two-wheeler taxi service will initially be a pilot run for three. He said that Zypp’s asset utlisation is 90-92%. 3: $2M. Zypp Cargo electric scooter price Single battery variant of Zypp Cargo is available at a starting price of Rs 59,000. Zypp provided 6. 8.