The company stated in February this year that it had raised USD 25 million in a series B fundraising round led by Taiwanese battery-swapping service provider Gogoro According to company CEO and Co-founder Akash Gupta, the startup electric mobility services provider Zypp Electric plans to deploy 2 lakh vehicles in its fleet over the next […]
Zypp Electric aims to deploy 10,000 e-scooters in Bengaluru over next 2 months – EQ Mag
Electric mobility startup Zypp Electric on Tuesday announced its plan to deploy as many as 10,000 electric scooters in Bengaluru and said 2,000 e-scooters are already on roads. The remaining 8,000 of these vehicles will be deployed over the next two months, Zypp Electric said. The move is part of the company’s recently announced plan […]
Indian EV startup Zypp Electric raises $25 million in Gogoro-led round – EQ Mag
CHENNAI : 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. The funding round marks Gogoro’s latest effort to expand in India, where […]
Hero Electric expands partnership with Zypp Electric – EQ Mag Pro
Hero Electric on Wednesday said it has expanded its partnership with Zypp Electric to support the growth of the logistics and delivery segment. Under the partnership, Hero Electric will be deploying 1.5 lakh electric scooters for Zypp Electric’s fleet in the next three years. “We are standing today in the midst of a green revolution […]
Zypp Electric raises $1Mn in debt funding from Northern Arc, also turns profitable – EQ Mag Pro
Plans to deploy 1.5 Lakhs e-scooters by 2025 Becomes EBITDA positive within 4 years of operations Plans to increase revenue by 10X in the next financial year and 100X by 2025 Zypp Electric, India’s leading EV-as-a-service platform, today said that it has raised $1 million in debt funding from Northern Arc to expand its EV […]
SUN Mobility and Zypp Electric to Revolutionize Urban Last-Mile Delivery with 10,000 Electric Vehicles Across India – EQ Mag Pro
~ SUN Mobility’s SWAP Points first to integrate battery swapping for both electric two and three-wheelers~ Bengaluru, September 08, 2021: SUN Mobility, the leading provider of energy infrastructure and services for electric vehicles (EVs), has partnered with Zypp Electric, one of India’s leading EV logistics companies to revolutionize urban last-mile delivery. This is the first […]
Rapido adds electric vehicles to fleet; logistics service scales up 3X during lockdown
Started as a two-wheeler bike-sharing service in December 2015, Rapido has expanded its services in logistics. When mobility had gone to a standstill during the first three months of lockdown last year due to COVID-19 pandemic, Rapido leveraged its logistics business India’s largest bike taxi platform Rapido has on-boarded over 100 riders and electric two-wheeler […]