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.

Press Mentions

November 27, 2025

Zypp Electric Powers Toward IPO As Revenue Soars And Profitability Kicks In

Zypp Electric is experiencing significant growth, achieving EBITDA breakeven and diversifying revenue streams. The company aims for ?600 crore in revenue by FY26 and is preparing for an IPO in...

Read on IPO Central »

November 26, 2025

Zypp Electric Reports Strong Growth and Expansion

Zypp Electric is poised for significant growth, reporting post-EBITDA breakeven and targeting ?600 crore in revenue by FY26. With plans for an IPO in FY27, the company is expanding its electric...

Read on Passionate In Marketing »

November 24, 2025

Zypp Electric targets 5x fleet in 2-3 years: Cofounder and CEO Akash Gupta

Zypp Electric is poised for significant growth as it plans an initial public offering (IPO) to enhance its fleet expansion. The company's strategic move aligns with increasing demand for...

Read on Business Standard »

October 9, 2025

Shell Foundation partners with Zypp Electric to empower transporter livelihoods, accelerate EV rental solutions and support women’s EV adoption in India

Zypp Electric has partnered with Shell Foundation to enhance women-led electric vehicle initiatives in Tier 2 India, fostering sustainable mobility. Additionally, Zypp Electric launched a unique...

October 3, 2025

Zypp Electric Launches Innovative Lead Generation Marketing Engine Through EV Advertising Fleet

Zypp Electric has introduced an innovative lead generation marketing engine, enhancing its capabilities in the electric mobility sector. This development positions the company as a leader in...

September 23, 2025

Zypp Electric Deploys 500 EVs Under FOCO Model, Promises Assured Returns and Green Mobility Impact

Zypp Electric has successfully deployed 500 electric vehicles under its innovative FOCO model, promoting green mobility. The initiative promises assured returns for investors while reinforcing...

Read on EMobility+ »