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Zypp Electric

Accelerating sustainable, last-mile mobility solutions with India's first smart e-bike rental app

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Akash Gupta

Co-Founder & CEO at Zypp Electric

More about Akash »
Employees 501+
Headquarters Gurugram, Haryana, India
Zypp Electric has been decarbonizing Indian last mile delivery to go Electric with their EV-Fleet-as-a-Service business model. Growing rapidly.

Quick facts:
- 20k EVs on road
- Customers include Zomato, BigBasket, Zepto, Flipkart, Swiggy, Uber, Rapido, Porter & more
- $42mn+ ARR, doubled in last 6 months, planning $100mn+ ARR by Mar '25
- 6 years into building business, raised $25m Series B in Dec '22
- Presence in Delhi NCR, Bangalore, Mumbai, expanding to other markets

Notable Achievements

  • Raised over $35M and closed a $25M Series B in late 2022.
  • Helped over 10,000 low-income drivers and gig workers to spend less and earn more income.
  • In 2022, CEO was recognized as one of BusinessWorld's 40 Under 40.

Currently Operating in One Region

Press Mentions

June 26, 2026

Zypp Electric Begins IPO Journey, Hires Top Bankers For FY28 Public Listing

Read on IPO Central »

June 24, 2026

India-Based EV Logistics Startup Zypp Electric Closes Pre-IPO Funding Round Ahead of a Potential $200M IPO

Read on ArabFounders »

June 23, 2026

Zypp Electric Eyes Up to $200 Million IPO, Appoints Investment Bankers

Read on EFY Enterprises Private Limited »

June 17, 2026

Gurugram CEO's Interaction With Cab Driver Earning Rs 1 Lakh Monthly Gains Popularity - The CSR Journal

Read on The CSR Journal »

April 14, 2026

From Degrees to Roles: IMT Ghaziabad Rewires Management Education for the AI Era

Read more »

April 6, 2026

Zypp Electric Launches EVolve Innovation Challenge Season 3 with ₹30 Lakh Funding Boost

Read on EMobility+ »

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