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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

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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

October 4, 2026

Zypp Electric Expands ESOPs Worth INR 11 Crore to Over 250 Employees; Here's Why

Read on LatestLY »

September 22, 2026

WOI India Brings Together $50B+ in Entrepreneurial Value at Kashmir Retreat, Deepens Commitment to India’s Startup Ecosystem

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September 21, 2026

Electric Vehicles Exhibition and Conference 2026 unveils executive conference agenda advancing next era of mobility

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September 6, 2026

Delhi govt holds startup roundtable, targets support for 10,000 startups and 4 lakh jobs

Read on hi INDiA »

August 17, 2026

5 Leaders. Countless Conversations. One Evening to Remember: The Catalyst Collective Hosts Its Founding Edition

Read on CXOToday.com »

August 13, 2026

75 Leaders. Countless Conversations. One Evening to Remember: The Catalyst Collective Hosts Its Founding Edition

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