Meet an Unreasonable Venture

Zypp Electric

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

Akash Gupta

Co-Founder & CEO at Zypp Electric

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zypp.app

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

Energy & Environment

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

July 14, 2026

Akash Gupta: The Visionary Behind Zypp Electric's EV Revolution - Vanity Stardom

Zypp Electric, led by Akash Gupta, emerges as a pivotal player in sustainable logistics, promoting electric vehicle adoption. The company emphasizes responsible citizenship, aligning with...

Read on Vanity Stardom »

July 12, 2026

Nation-building begins with every responsible citizen, not just governments: Delhi minister

Zypp Electric is highlighted as a vital contributor to sustainable transportation in India, emphasizing the importance of responsible citizenship in environmental initiatives. The company showcases...

Read on ThePrint »

June 26, 2026

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

Zypp Electric is making significant strides by hiring merchant bankers to facilitate a potential $200 million IPO. This strategic move positions the company favorably for growth in the electric...

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

Zypp Electric is preparing for a significant milestone by targeting a $200 million IPO. The company has appointed investment bankers to facilitate this process, signifying its strong market...

Read on ArabFounders »

June 23, 2026

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

Zypp Electric is preparing for an impressive IPO, targeting up to $200 million, as it aims to expand its electric mobility services. The company's innovative approach and commitment to...

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

Zypp Electric gains recognition as a pioneering company in sustainable transportation, highlighted by a Gurugram CEO's inspiring interaction with a cab driver earning Rs 1 lakh monthly. The story...

Read on The CSR Journal »