Meet an Unreasonable Venture
Zypp Electric
Accelerating sustainable, last-mile mobility solutions with India's first smart e-bike rental app
Zypp Electric offers a disruptive e-bike and e-scooter sharing technology platform created to solve last-mile mobility sustainably. 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.
Headquartered in India, the company has grown exponentially over the past two years, with over 10,000 vehicles deployed on the ground—a 5x increase since early 2022. In addition, they have raised $35M to date and recently closed a $25M Series B. In 2023, the Zypp team has grown to more than 700 people across six cities throughout India.
Notable Achievements
- Raised over $35M and closed a $25M Series B in early 2023.
- 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
May 29, 2023
Zypp Electric Plans to Deploy 200,000 EVs and Seeks $300M for Expansion
Zypp Electric plans to deploy 2 lakh electric vehicles in Delhi and Bengaluru, seeking $300 million for expansion. The startup's annual revenue jumped 459% in FY23, and the CEO says their focus is...
Read on Startup Story »Work at Zypp Electric
Posted August 31, 2023
Field Team Leaders
Delhi, Matandang Balara, Quezon City, Metro Manila, Philippines
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