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

September 11, 2025

Zypp Electric marks 8 years with campaign promoting sustainability and road safety

Zypp Electric celebrates its eighth anniversary by launching a campaign that promotes sustainability and road safety. The initiative highlights the company’s commitment to eco-friendly...

Read on MediaBrief »

August 30, 2025

Zypp Electric Appoints Former Bharti Airtel Senior Executive, Mukesh Singla, as Chief Financial Officer

Zypp Electric has appointed Mukesh Singla, a former Airtel executive, as its new CFO. This strategic move is expected to enhance the company's financial management and support its growth in the...

August 29, 2025

Zypp Electric Appoints Former Airtel Africa Executive Mukesh Singla As CFO To Drive Growth & IPO Plans

Zypp Electric has appointed Mukesh Singla as its new CFO, signaling its commitment to strengthening financial leadership. This strategic move underscores Zypp Electric's dedication to sustainable...

Read on IPO Central »

August 11, 2025

Zypp Electric and Gurugram Traffic Police Launch “Green Hai Toh Zypp Hai” Campaign to Promote EV Adoption and Road Safety

Zypp Electric collaborated with Gurugram traffic police to launch the "Green Hai Toh Zypp Hai" campaign, promoting electric vehicle adoption and enhancing road safety. This initiative underscores...

August 9, 2025

Zypp Electric and Gurugram Traffic Police Launch 'Green Hai Toh Zypp Hai' Campaign to Promote EV Adoption and Road Safety

Zypp Electric collaborates with Gurugram Traffic Police to launch the "Green Hai Toh Zypp Hai" campaign, promoting electric vehicle adoption and enhancing road safety. This initiative reflects Zypp...

July 31, 2025

Zypp Electric's Revenue Soars 2.7X in FY24, But Net Loss Widens

Zypp Electric recently reported a remarkable 2.7x revenue increase in FY24, highlighting its growth trajectory in the electric mobility sector. Despite a widening net loss, the company's...

Read on StartupNews.fyi »