Analysis · Mobility & Logistics
Zypp electric shares founder insights and company updates
By Startup Enthusiast ·
- Date
- Company
- Zypp Electric
- What it does
- Electric vehicle sharing service
- Kind
- Analysis
- Founded
- 2017
- Sector
- Mobility & Logistics
What they do
Zypp Electric operates an electric vehicle sharing platform in India
What happened
The founders Akash Gupta and Rashi Agarwal are linked to the company
Why it matters
This update provides information about the startup's leadership team
The details
- Zypp Electric is an Indian startup focused on electric mobility solutions.
- The company offers electric vehicle sharing services to users.
About the business
- Zypp Electric provides electric vehicles for shared use by customers.
- The service aims to offer sustainable transportation options in urban areas.
- The company focuses on reducing carbon emissions through electric mobility.
- Zypp Electric targets consumers looking for convenient and green travel.
- The business model relies on sharing assets rather than selling them.
Founders
- Akash Gupta, Founder
- Rashi Agarwal, Co-founder
About Zypp Electric
- Product
- EV-as-a-service platform offering electric vehicle rentals and delivery services through e-scooter fleet
- Customers
- Gig workers, quick commerce, ecommerce and food delivery platforms, last-mile logistics enterprises
- How it makes money
- Revenue from last-mile delivery services and vehicle rentals; delivery accounts for ~60% of operating revenue
- What sets it apart
- Large EV fleet deployed across 15-18 cities with focus on reducing operational costs and emissions
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