Zypp Electric offers a disruptive e-bike and e-scooter sharing technology platform created to solve last-mile mobility sustainably. 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.
Headquartered in India, the company has grown exponentially over the past two years, with over 10,000 vehicles deployed on the ground—a 5x increase since early 2022. In addition, they have raised $35M to date and recently closed a $25M Series B. In 2023, the Zypp team has grown to more than 700 people across six cities throughout India.
Location: India, Haryana, Gurugram
Total raised: $33M
Investors 4
| Date | Name | Website |
| 29.04.2023 | Unreasonab... | unreasonab... |
| - | WeFounderC... | wefounderc... |
| - | Indian Ang... | iangroup.v... |
| 26.12.2022 | Astarc Ven... | astarcvent... |
Funding Rounds 2
| Date | Series | Amount | Investors |
| 13.02.2023 | Series B | $25M | - |
| 25.04.2022 | - | $1M | - |
Mentions in press and media 31
| Date | Title | Description | Source |
| 22.03.2024 | 71 Indian companies on FT's Asia Pacific top 500 high-growth... | Seventy-one Indian companies made it into the ranks of the sixth annual "High-Growth Companies ... | business-s... |
| 11.03.2024 | Magicpin launches delivery service to enter logistics aggreg... | Hyperlocal delivery startup Magicpin announced the launch of its delivery-as-a-service vertical Velo... | business-s... |
| 13.07.2023 | Gogoro-backed Indian EV startup Zypp eyes $70-80m in Series ... | Gurugram-based Zypp Electric, a tech-enabled EV-as-a-service startup, is gearing up to raise $70-80 ... | dealstreet... |
| 08.02.2023 | Zypp Electric raises $25 million in Series B funding round l... | Zypp Electric, the EV-as-a-service platform said it has raised $25 million in a Series B funding rou... | business-s... |
| 08.02.2023 | Zypp Electric bags $25 Mn in Series B round | B2B delivery and shared mobility startup, Zypp Electric has raised $25 million in a Series B round l... | entrackr.c... |
| 08.02.2023 | Zypp Electric Raises $25 Mn In A Mix Of Equity & Debt To... | The Series B funding round was led by Taiwanese battery swapping major Gogoro and $20 Mn was raised ... | inc42.com/... |
| 08.02.2023 | Zypp Electric raises $25 mn in a Series B | Zypp Electric, an EV-as-a-service platform, has raised $25 million in a Series B funding led by Gogo... | thehindubu... |
| 08.02.2023 | Zypp Electric raises $25 million in funding led by Taiwanese... | ETtech Zypp Electric has raised $25 million in a funding round led by Taiwanese EV maker and battery... | economicti... |
| 08.02.2023 | EV startup Zypp Electric nabs $25M to hit 30 Indian cities b... | EV-as-a-service platform Zypp Electric on Wednesday announced raising funds of USD 25-million under ... | business-s... |
| 08.02.2023 | EV startup Zypp Electric raises $25 million in funding led b... | Representative Image Zypp Electric, a business-to-business electric vehicle (EV) delivery service st... | moneycontr... |
Show more