Gupta told TechCrunch that as part of Zypp Electric’s goal to reach. Follow their journey from humble beginnings to innovative solutions and find out how they're changing the way we move. 1. Citroen C3 Aircross Full Price List Out: Top 7 Highlights. Ride the Glide. The Campaign will consist of multiple categories based on rider's earnings. Updated On Mar 9, 2022 at 10:53 AM IST. 55 1. Zypp Electric has a massive EV fleet in India and growing rapidly with 100+ daily additions of 2-wheelers and operating 3-wheeler EV fleet with bigger space which gets higher eyeballs. In a statement on Thursday, it said that 15 employees, who have been a part of the company for over a year, have been allocated Rs 1. EV-as-a-service platform Zypp Electric said it has raised $25 million led by Gogoro, a global technology leader in battery swapping ecosystem, in its series B funding. It’s really helpful for consumer budget as well as it’s helpful for reducing the environmental pollution. Being the leader in EV logistics and rentals, Zypp is poised to drive its Mission Zero Emission and make India greener by adding 1. Zypp Electric 's competitors have raised a total of $58. 1. Login. The company debuted India's first B2B heavy electric scooter, the Zypp Cargo, last month in two variants, one, a single battery scooter for Rs 59,000 and the other is a double battery scooter for Rs 74,000. We are not just a team, We are a family! Zypp Electric India’s Leading Tech-Enabled EV-as-a-Service platform, founded in 2017 with a Mission Zero Emission and to make India carbon-free by using an ecosystem of Electric Vehicles and EV based technology to make last mile logistics sustainable and emission free. Zypp is a one-of-a-kind electric bike rental service that distinguishes itself from other delivery services. capacity of 160 kg. @toi. India's Leading E-Scooter Delivery App | Zypp Electric is India’s Leading Tech-Enabled EV-as-a-Service platform, founded in 2017 with a Mission. It provides escooters for last-mile delivery to over 50 brands. Sign InPublished On Jul 16, 2021 at 11:21 AM IST. 5 Cr Zypp Electric to deploy 2 lakh EVs; needs $300M to support growth Zypp Electric’s annual revenue jumps 459% in FY23 as it gears up for. Previously, he was. April, 20, 2023 READ MORE. “In the US, the ICE raw-material content was at $3,662 per vehicle, which makes it nearly double the pre-pandemic levels. Zypp, which has 3,000 delivery riders, said new delivery partners will further empower it to enhance sustainable delivery capabilities. Our aim is to keep on helping Users with their various automobile needs. This app based e-Scooters to help Commuters Zip Away Last-mile Distances in Gurgaon. Making last mile delivery more affordable, time-saving and with zero-emission. HCL Technologies share price; 1,311. The firm has plans to onboard over 5,000 riders and add 8,000 additional electric scooters in the city in the next two months and also install more than 100 Gorogro battery swapping stations at its Bengaluru hubs in the next 12-18 months. Zypp Electric's business model is to make carbon-free last-mile delivery. Gogoro has four battery-swapping stations in Gurugram and two in Delhi. app Ph: +91 8884890060Sun Mobility, the energy infrastructure and electric vehicles (EVs) services provider has announced entering a new partnership with Zypp Electric, an EV logistics company. One rider must be from the National Capital Region (NCR), and the other rider must be from Bangalore. Zypp Electric introduced a heavy-duty scooter which it claims is specially built for last-mile logistics. With Zypp Electric, Mechanifyspare aims to organize the. With the fresh funding, Zypp has now raisedUSD 37. The company said it has expanded its partnership with EV fleet partners Lithium Urban Technologies, Everest Fleet Pvt Ltd and Moove in order to deploy 25,000 electric cars in India on the Uber platform over the next two years. Startup electric mobility services provider Zypp Electric is targetting to deploy 2 lakh vehicles in its fleet in the next three years and will need up to USD 300 million to fund its expansion, according to company CEO and co-founder Akash Gupta. Lectrix EV is renowned for its cutting-edge electric two-wheelers. The startup is now looking beyond Delhi-NCR—its biggest market so far—to Bengaluru for expansion. Monthly rentals are now available at a 20% discount for the first 50 users. The Zypp Cargo is the latest load-carrying electric two-wheeler. The founders observed that 50 percent of the commute in India is less than 5 km. 76 crore in FY21, according to the annual financial statement with the Registrar of Companies. ZYPP electric Initial Investment. Mobycy Zypp is India's 1st electric scooter and electric car sharing, with custom rental e-scooters ZYPP, cars and bike sharing platform app. 5 crore under the plan. Zypp Cargo electric scooter launched in India at a starting price of Rs 59,000. By renting an electric bike from Zypp, businesses can save up to 80% on traditional delivery costs. April, 22, 2023 READ MORE . Zypp Electric’s revenue from operations ramped up 4. Ongoing Royalty Fee: 10% No more hassle of paying EMIs and maintenance, become Zypp Pilot and get an electric scooter on easy rent with 120 kms range. Zypp Electric announced the launch of India’s first B2B heavy electric scooter ‘Zypp Cargo’ in two variants- the single battery scooter is priced at Rs 59,000 and the double battery version will cost Rs 74,000 (both prices ex-showroom, India). 51 to 200 Employees. Zypp Electric is all set to start deliveries using drones in some of the largest Indian cities. India's Leading E-Scooter Delivery App | Zypp Electric is India’s Leading Tech-Enabled EV-as-a-Service platform, founded in 2017 with a Mission Zero-Emission. Zypp Electric has deployed 2,000 electric scooters and onboarded 2,000 delivery executives in Bengaluru to expand its last-mile delivery services. As the company goes on a hiring spree, Rashi Agarwal, Co. Number of Lead Investors 6. Overall, Zypp is a great option for businesses. Zypp Electric. The Future of Zypp Electric. 5 million, including $7. Zypp Electric, which operates in the last-mile space, on Monday said it has raised USD 1 million (about Rs 7. Zypp Electric has an aggressive expansion plan on cards for this fiscal and the company plans to add 100+ employees to achieve this goal. Zypp, which. The rocky road to EV financing. Tata Motors share price; 636. In September 2021, BluSmart raised EV asset financing of $36 million to build India’s largest fully-electric ride hailing fleet and will scale to 5000 EVs by December 2022 across Delhi NCR. Zypp Electric was founded in 2017 as a bicycle rental platform. Zypp receives investment commitment of Rs 35 crore, in talks to raise Rs 60 crore. Ongoing Fees. 2 Series will get disc brakes. Our Mission. . To know first hand how it is like to work at Zypp Electric read detailed reviews based on various job profiles, departments and locations in the reviews section. Read more here: lnkd. Zypp Electric Scooter Rentals latest version: Zypp Electric - Mission Zero Emission. 2021. Zypp Cargo electric scooter launched in India at a starting price of Rs 59,000. 5 lakh electric scooters and expand its services to 15 Indian cities by the end of 2024. Go Electric with Zypp Deliveries. Zypp Electric has deployed 2,000 electric scooters and onboarded 2,000 delivery executives in Bengaluru to expand its last-mile delivery services. Zypp Electric, which offers EV-as-a-service and operates in the last-mile segment, has announced that the company has raised $ 1 million in debt funding from Northern Arc to expand its EV fleet services. Efficient Property Price Estimation App. Scan Scooter: Go to nearest. Get In Touch 7th Floor, Delta Tower-54, Institutional Area, Sector 44, Gurugram, Haryana - 122003, help@zypp. We are committed to helping India to reach its milestone of 70% of commercial electric vehicles by 2030. Download the app: Login with your credentials and verify by OTP. The calculation formula refers to the " EPA Disposal Directions for Reviewing the Offset of Greenhouse Gas Emission. @ZyppElectric. ZYPP electric Initial Investment. 5 million deliveries in August and has helped reduce 7. The company, which is planning to enter new cities like Mumbai, Pune and Hyderabad is. LtoR: Tushar Mehta, (Co-founder & COO), Rashi Agarwal, (Co-founder & CBO), Akash Gupta, (Co-founder & CEO). However, Job Security is rated the lowest at 3. May 29, 2023. Get In Touch 7th Floor, Delta Tower-54, Institutional Area, Sector 44, Gurugram, Haryana - 122003, help@zypp. New Delhi: EV-based last-mile delivery service provider Zypp Electric on Thursday announced the elevation of Tushar Mehta as Co-founder and Chief Operating Officer. 13,753 likes · 42 talking about this · 40 were here. You can unlock the e-scooter from Mobycy app through the QR Code. The founders observed that 50 percent of the commute in India is less than 5 km. 94%; Tech Mahindra share price; 1,216 0. Update KYC: Validate KYC with your Aadhar card and Driver's License. Honda Activa; Rs 649. The venture has since grown into a Rs 125 crore business, boasting a fleet of 12,000 electric scooters under the Zypp Electric brand and providing last-mile delivery for e-commerce platforms. 1 Million shipments from IC engine to Electric in FY21 and FY22, the company is looking plans to do 4 million pollution-free deliveries in FY22, which is 4x. The electric two-wheeler taxi service will initially be a pilot run for three. Myntra partnered with Zypp Electric to quickly transition to EV. 5 1. Zypp Electric, a leading provider of electric mobility services, has set an ambitious target of introducing 200,000 electric vehicles into its fleet within. The company. Expected Launch : Nov 17, 2023. Zypp Electric has raised $1Mn in debt funding from Northern Arc to expand its EV Fleet services. EV-as-a-service startup Zypp Electric has brought on board Amit Goyal as director of engineering and Ketan Ray as vice-president business head. 5 lakh scooters spread across 18 Tier-1 cities by 2025 as part of its expansion plan. Zypp Last Mile Deliveries. Zypp Electric Rental | 100rs देकर 1500rs रोज़ कमाओ| Zypp Scooty Rent पर कैसे ले ? Zypp ElectricZypp Electric Rental | 100rs देकर 1500rs रोज़. WHO WE ARE. 2 0. Scooter has the best suspension and load. With an overall. Founded in 2017, Zypp Electric makes last-mile delivery for local merchants as well as e-commerce companies. NTPC share price; 253. Currently, the company works with top grocery, medicines, food, and e-commerce players and other quick commerce. This is the reduction in greenhouse gas emissions of all electric scooters using Gogoro Network service compared with ICE scooters so far in Taiwan. In case you’ve forgotten, Gogoro announced its India entry in back in November 2022 in association with Zypp Electric for a B2B pilot project. Jan 27. Download the app: Login with your credentials and verify by OTP. 5 million with the new funding. TVS Zeppelin. The firm has plans to onboard over 5,000 riders and add 8,000 additional electric scooters in the city in the next two months and also install more than 100 Gorogro battery swapping stations at its. 6 1. It is nearing the end of its Series B funding round, which is expected to raise $25-30 million. However, the founders quickly pivoted when they recognized a massive. 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. Zypp Electric, co-founded by Akash Gupta and Rashi Agarwal in 2017, offers fleets of electric scooters for rent to its business clients, including ecommerce companies such as Flipkart. Zypp Rent To Own 9. . The firm has plans to onboard over 5,000 riders and add 8,000 additional electric. Hyperlocal and EV-based last-mile delivery start-up Zypp Electric said on Tuesday it has raised around USD 7 million (about ₹ 52 crore) in a Series-A funding round amid its plans to expand its fleet to 10,000 vehicles across 25 cities in the next 12 months. Pedego Electric Bikes. 77%, Angel hold 14. zypp electric. The company said that the association is part of a larger plan of Zomato to go completely. Starting With Bike-Sharing Rental, Couple Scales to Rs 125 Crore Turnover E-Scooter Delivery Business. 504,967,566. 1. In September 2021, BluSmart raised EV asset financing of $36 million to build India’s largest fully-electric ride hailing fleet and will scale to 5000 EVs by December 2022 across Delhi NCR. There are 332 electric scooty currently on sale from various manufacturers starting from 25,000. Update KYC: Validate KYC with your Aadhar card and Driver's License. Users have to pay a mandatory Rs 10 for a Yulu Miracle ride and another Rs 10 per 10 minutes of ride time. State Bank Of India share price ; 563. How much does ZYPP electric franchise cost? ZYPP electric has the franchise fee of up to INR 250,000, with total initial investment range of INR 5 Lac to INR 10 Lac. A large number of the Indian population prefer to use rental and ridesharing services to reach their destination. Known for their last-mile connectivity, these rental e-bikes and cycles can be found across the city at various spots. Zypp offers weekly/monthly subscription plans beginning at Rs. The company said. 5X to Rs 21. The company has priced the single-battery scooter at Rs 59,000 and the double-battery model at Rs 74,000. 5 million so far. 5X to Rs 21. Zypp Electric has 26 competitors. This rent is for a fully charged electric bike with a range of around 120 km. Zypp Electric reserves the right to modify, suspend, or cancel the campaign in the event of unforeseen circumstances or for any reason deemed necessary. The aim of Zypp Evolve is to provide a platform for startups to showcase their ideas and receive valuable guidance, mentorship, and funding to scale up their businesses. Rashi Agarwal, Co-founder and CBO of Zypp Electric, said in a statement "We have. The service will be a pilot run from March 2021 in the Delhi-NCR region. Founded in 2017, Zypp Electric is an EV-as-a-Service platform which provides electric vehicle renting services. | 21 September, 2023, 07:51 PM IST | Today's Paper. 1: $600K. We have four market horizon. Bajaj urbanite chetak on rent in delhi. So far, Grip has facilitated the leasing of assets worth more. Under the association, the company will also provide delivery partners to Zomato for the last-mile deliveries in various cities across the country. 5 Cr Zypp Electric has offloaded 20% of its ESOPs to 15 dedicated employees who have been with the EV services provider for over a year. app Ph: +91 8884890060Zypp Electric aims to have a fleet of 1. The cost of electric bike is less than 1 rupee for per kilometer. It has a 40 Ah battery and can go 120 kilometres in one charge. Its current Annual Run Rate (ARR) is around $15 million, and it is expected to reach $500 million by December 2024. With this new rider-tracking app, the startup aims to simplify the process of requesting and managing fleets. The company rents EVs to riders at starting prices of INR 100 per day. Zypp Electric, co-founded by Akash Gupta and Rashi Agarwal in 2017, provides electric scooters on rent to its clients. 5 crores. Get your own Electric Scooter on Rent at affordable prices starting at INR99 per day across Delhi, Gurgaon, Noida, and Ghaziabad. Magazine. Zypp Electric, India's electric vehicle-based last-mile delivery start-up has announced a six-fold increase in annual revenue, as compared to the last financial year. India's largest last mile delivery electric mobility app. 65%. Expected Price : ₹ 3 - 3. Its products are Ola S1 and Ola S1x, an electric scooter for customers. Zypp Uno is a solo-ride e-scooter that can travel 55 kilometers on a single charge,. Save Petrol Cost. 3. Seed Round - Zypp Electric . India's Leading E-Scooter Delivery App | Zypp Electric is India’s Leading Tech-Enabled EV-as-a-Service platform, founded in 2017 with a Mission. 99%, ESOP hold 10. Drone delivery services will be offered to limited localities during the first phase, the company said in a statement. Two-wheeler rental provides an easy and convenient way to own a motorcycle without paying maintenance costs. Zypp electric scooters come with 120km range, double battery, charger and dedicated customer support through a chain of Zypp Electric Hubs across Delhi NCR. Zypp Electric deploys 2,000 electric scooters in Bengaluru, aims to deploy 8,000 more in next 2 months May, 02, 2023 READ MORE Zypp Electric, Zomato join hands to deploy 1-lakh e-scooters for last-mile delivery by 2024 Zypp General Information. Zypp electric scooters come with 120km range, double battery, charger and dedicated customer support through a chain of Zypp Electric Hubs across Delhi NCR. Zypp Electric – A unique business model which provides last mile deliveries to their end customers via electric vehicles. Startup electric mobility services provider Zypp Electric is targetting to deploy 2 lakh vehicles in its fleet in the next three years and will need up to USD 300 million to fund its expansion, according to company CEO and co-founder Akash Gupta. Zypp Electric India’s Leading Tech-Enabled EV-as-a-Service platform, founded in 2017 with a Mission Zero Emission and to make India carbon-free by using an ecosystem of Electric Vehicles and EV based technology to make last mile logistics sustainable and emission free. "The electric logistics vision is a $123 billion market in India and we can see multiple unicorns in this space. Right now, as an EV-as-a-Service platform, Zypp offers access to thousands of logistics businesses and delivery executives to go Electric with its rental fleet. India's leading B2B Delivery and shared mobility app | Zypp is working to convert all deliveries for e-commerce, grocery, medicine and food vertical to go electric with e-scooter sharing app. The price of cobalt, nickel, and lithium is largely to blame for the disparity. We also have Zypp Rental app, where any executive or commuter can subscribe a Zypp EV on a monthly plan at a flat price of INR 149/day rental and get best in class EV for his or her needs which is shifting a lot of IC engine delivery executives to electric vehicles. You can buy several bicycles to begin with, and then expand when you are ready for it. Taiwan-based Gogoro enables sustainable mobility solutions for cities. Investors. Besides, the company converted more than 1. 5 million so far. AA. The. Under the new partnership, the two companies aim to deploy 10,000 electric vehicles pan India, across various platforms over the next few years, for last-mile delivery. ZyppElectric. 650/week for Zypp Uno and Rs. Electric Vehicle startup Zypp Electric is on a rapid expansion mode. Zypp Electric was founded in 2017 as a bicycle rental platform. The network of Zypp Electric is constantly growing and the number of employees headquartered in Gurugram, Haryana reaches more than 200. 1. The partnership would integrate 2000 Zypp Electric two-wheelers with Battery Smart’s network providing the drivers with seamless access to 175-plus swap stations across the Delhi NCR. 2. 40 Lakh) and TVS iQube (Rs. 6M over 10 rounds. 5 lakh scooters by 2025. Revenue: Unknown / Non-Applicable. Our Mission. Titan Company share price; 3,394. EV EVERYWHERE #MISSION ZERO EMISSION. Gupta told TechCrunch that as part of Zypp Electric’s goal to reach. Zypp Electric has raised $37. The startup last raised around $7 Mn in its Series A funding round , led by. RENTAL AND USE OF PRODUCTS. Yulu. Zypp Electric is providing rental facilities for E-bike at a quite reasonable price. 10 Fundings. Investments 1 Total Funding Amount Unlock for free Employee Profiles 3 Investors 30 Similar Companies 9 Recent News & Activity Jul 27, 2023 • Jul 27, 2023 In A First, Zypp. Lastly, Zypp is a convenient and cost-effective solution for delivery services. Rapido will be onboarding more than 100 riders and electric two-wheelers. the Bike taxi platform Zypp Electric raised USD 7 million in series A funding. 6% and was trading at. Zypp Electric has raised $1 mn in debt funding from Northern Arc to expand its EV fleet services. Get In Touch 7th Floor, Delta Tower-54, Institutional Area, Sector 44, Gurugram, Haryana - 122003, [email protected] Electric | 69,761 followers on LinkedIn. Zypp Electric has launched the country’s first B2B heavy-duty IoT enabled electric scooter named Zypp Cargo. Tanzania, Namibia, Zimbabwe, and Brazil. Electric on Tuesday said it plans to deploy 1 lakh electric scooters or e-scooters along with Zomato for last-mile delivery by 2024. Submit Request. Zypp Electric. India's leading Tech Enabled Brand | LinkedIn top startup 2022. Provider of electric bike services to logistic and delivery companies and to individuals. Called Rapido EV, the new electric bike taxi is intended to reduce carbon. Rental services often have specific types of bikes. Zypp Electric announced the launch of its services in Bengaluru and Pune. Anvil - Henley-on-Thames based, 2023 founded, Unfunded company. Zypp Electric currently operates in Delhi-NCR and Bengaluru; The brand serves delivery players such as Swiggy, Zomato, Amazon, Myntra, Delhivery, and PharmEasy. Zypp is now valued at about six times the nearly $30 million valuation it fetched in the previous round, Gupta said, adding it is recording $20 million in annual recurring revenue and growing 20%. Zypp Electric, an Indian last-mile delivery fleet management company, aims to deploy 200,000 electric vehicles (EVs) in the next two years and 500,000 in the next 3. Myntra partnered with Zypp Electric to quickly transition to EV. IAN Fund: Show More . Zypp Electric, a tech-enabled electric vehicle-as-a-service platform has announced its association with Zomato for deploying 1 lakh e-scooters by 2024. Zypp Electric also intends to roll out over 1. 5 Oct, 2023 1751 views. The startup is now looking beyond Delhi-NCR—its biggest market so far—to. startupstorymedia. January 24, 2022. They are present across 10 cities in India, have a fleet of 2,000 vehicles, and complete 10,000 deliveries every day. Our Mission. Zypp is now valued at about six times the nearly $30 million valuation it fetched in the previous round, Gupta said, adding it is recording $20 million in annual recurring revenue and growing 20%. Each category will require a minimum of two riders to be eligible for the prizes on the basis of the earnings. 27%;. Zypp Electric, 7th Floor, Delta Tower-54, Institutional Area, Sector 44, Gurugram, Haryana - 122003 The price ranges from Rs 599 to Rs 3000 per day. Zypp Scooter Home Delivery You'll get a refreshing new look of your favorite EV app which we hope you'll love a lot more. Source: Zypp website. Say Goodbye to rising fuel prices, Say hello to Zypp Rentals. So, if you're a startup looking for an opportunity to. We Founder Circle and Indian Angel Network are the most recent investors. The cost of electric bike is less than 1 rupee for per kilometer. 50 Lakh in India. Zypp Electric's latest post-money valuation is from February 2023. The. Tata Steel share price ; 125. We Founder Circle and Indian Angel Network are the most recent investors. Delta Tower-54, Institutional Area, Sector 44, Gurugram, Haryana - 122003. The startup had begun as an electric rental mobility company for commuters. Ola - app for cab booking franchise. Taxi & Car Services. The company has further plans. This syndicate partnership will help Zypp Electric to maintain the growing demand on its EV rental platform and support its mission to provide access to 1 million users for both the last-mile. 3. Electric mobility startup Zypp Electric on Tuesday said it plans to deploy 1-lakh electric scooters in collaboration with Zomato for last-mile delivery by 2024. Zypp Electric, co-founded by Akash Gupta and Rashi Agarwal in 2017, provides electric scooters on rent to its clients. Users will be able to load up to 250 kg and have an average mileage of 120 km in a single. CONNECT WITH ZYPP. April, 22, 2023 READ MORE. 5 Mn in debt or asset leasing. The company has a fleet of more than 5,000 electric scooters and plans to deploy. Zypp Earn with us 5. Ideally those who can scale to 2000-2500 2w e-vehicles per month. With the fresh funding in the kitty, Zypp has raised a total of USD 12. The company says that this heavy-duty scooter is specially built for last-mile logistics, can. Honda Navi; Rs 4249-Rs 4500. Number of Lead Investors 6. Zypp Electric, like most other delivery and logistics players, follows an asset-light model, but it does not mandate individuals to invest in EVs to become a rider with it. New Delhi: EV-based last-mile delivery service provider Zypp Electric on Thursday announced the elevation of Tushar Mehta as Co-founder and Chief Operating Officer. Zypp Electric has an overall rating of 4. The company makes money from ecommerce and food delivery companies for each order delivered and collects rentals from drivers for using its fleet. Now MBSI has invested in Gurugram-based delivery service and EV rental company Zypp Electric. Zypp Electric rolls out debut ESOP buyback worth Rs 1. Find here Electric Scooter, E Scooter, E-Moped Scooter, suppliers, manufacturers, wholesalers, traders with Electric Scooter prices for buying. Zypp is growing its user base on Zypp rentals at 300. ZYPP Electric - electric scooters and bikes rentals franchise. Investment from $6,800 . The company launched the product virtually through a webinar that was attended by investors, dealers, business associates, and other. Zypp Electric has deployed 2,000 electric scooters and onboarded 2,000 delivery executives in Bengaluru to expand its last-mile delivery services. The company lists products provided on rent by. Get In Touch 7th Floor, Delta Tower-54, Institutional Area, Sector 44, Gurugram, Haryana - 122003, help@zypp. app Ph: +91 8884890060Zypp Electric, the EV-as-a-service platform, raised $1Million in debt funding from Northern Arc to expand its EV fleet services. 2 ★, 100,000+ downloads) → Zypp Electric Prepaid Rent for Lastmile Delivery | MissionZeroEmissionRapido will be onboarding over 100 riders and electric two-wheelers from Zypp Electric as part of its Captain fleet. In FY20 Zypp Electric's revenue was Rs 5 crore, in FY21 revenue. 7 1. Founder s own the majority of Zypp Electric 's shares, accounting for 43. Zypp Electric was founded in 2017 as a bicycle rental platform. Zypp EV Everywhere. Gogoro is going to launch it's 2 Series on November 2024 as an electric scooter at a starting price of Rs. And cover the short-mile distance in a. Zypp has started free home delivery of sanitized e-scooters in Gurgaon. Founded by Akash Gupta, Rashi Gupta and 1 other in the year 2017. No more hassle of paying EMIs and maintenance, become Zypp Pilot and get an electric scooter on easy rent with 120 kms range. Last month, Zypp Electric, a service provider for last-mile mobility, raised $25 million (mix of equity and debt) in Series B funding led by Gogoro, a Taiwan-based battery swapping company. (Akash Gupta, Co-founder and CEO, Zypp Electric, says that the drive to fund new and budding start-ups will help bolster the EV ecosystem, and will also give these start-ups. Under the partnership, Zypp Electric and TSAW Drones plan to deploy 200 drones for last mile delivery services in the first phase in four cities. Number of Investors 30. This syndicate partnership will help Zypp Electric to maintain the growing demand on its EV rental platform and support its mission to provide access to 1 million users for both the last-mile. 5M over 11 rounds from 136 investors. For electric cycles, it plans to subsidize 25% of the electric cycle's cost (up to Rs 5,500) and give a fixed additional incentive of Rs 2,000 on the first 10,000 electric cycles. Zypp Electric, which operates in the last-mile delivery space, is expecting its turnover to jump five-fold to Rs 25 crore during this fiscal while it plans to deploy one lakh electric vehicles in 2022, the company said on Tuesday. Currently, the company works with top grocery, medicines, food. The company aims to use debt as a new expansion funnel along with. 2 Series will get disc brakes. Pause charge for 10 minutes is Rs. The electric scooters will be sanitized before delivery as a precautionary measure against the ongoing coronavirus pandemic. In this strategic collaboration, Lectrix EV will leverage its expertise and resources to supply. 1. 5 hours. 64%; Power Grid Corporation Of India share price ; 209. Making last-mile delivery more affordable, time-saving, and with zero emission. Bootstrapped with 1. See. 5 crores. Users will be able to load up to 250 kg and have an average mileage of 120 km in a single. Akash Gupta, co-founder & CEO, Zypp Electric. Zypp is a one-of-a-kind electric bike rental service that stands out among delivery services. 02%; Tech. 100/day. Zypp aims to deploy 2 lakh EVs and expand to 30 cities by 2025. Zypp Electric, one of India’s leading EV logistics companies, has today announced that the company plans to expand its driver-partner community to 25,000 by the end of 2022. End ride on app at destinations to finish ride. 5 lakh e-scooters in the country over the next three years. 5 lakh e-scooters in the country over the next three years. app Ph: +91 8884890060New Delhi: Electric vehicle logistics firm Zypp Electric on Tuesday said it will hire and train 3,000 women as delivery partners by the end of 2022 as part of plans to expand its driver partner community to 25,000. Zypp e-scooter rental plan - How it works: 1. Zypp Electric is growing its user base on Zypp rentals at 300 per cent month-on-month with the plans of expansion and investment on more scooters under its fleet. Zypp is solving the major concern of low earning of gig-workers by creating a peak management focus system which enables orders coming in during crucial peak hours for various gig-works like Bike taxi, groceries, food, Ecom and Hyperlocal. app Ph: +91 8884890060Read More. Zypp Electric said on Wednesday it has raised $25 million in a series B funding round led by Taiwanese battery-swapping service provider Gogoro Inc, as the Indian electric vehicle startup looks to expand to new cities and boost its fleet size. 5%; Infosys share price; 1,457. Zypp Electric | 68,426 followers on LinkedIn. This pales in comparison to the cost of BEV raw materials, which is now $8,255 per vehicle. Zypp Electric India’s Leading Tech-Enabled EV-as-a-Service platform, founded in 2017 with a Mission Zero Emission and to make India carbon-free by using an ecosystem of Electric Vehicles and EV. 5 million to date, so far deployed over 13,000 electric vehicles on the roads. Initial Investment:. It has also stepped into Bengaluru and aims to deploy 4 lakh. Number of Investors 30. The first investment comes in the form of Zypp Electric with the launch of 250 Hero Electric two-wheelers in New Delhi. The funding round marks Gogoro's latest effort to expand in India, where EVs are receiving. This is the reduction in greenhouse gas emissions of all electric scooters using Gogoro Network service compared with ICE scooters so far in Taiwan. Zypp (earlier Mobycy) is in the Electric Mobility space with a mission to "Make all Last Mile Deliveries & Commutes Go Electric"Zypp Electric, which operates in the last-mile delivery space, plans to expand its fleet to 10,000 e-scooters over the next 12-14 months and onboard more riders, including women The company, which works. 5%; Infosys share price; 1,457. Model Name: Hero Nyx. They have a reasonable price. 44%; Reliance Industries share price; 2,378.