About Zyngo
Zyngo is a company based in Gurugram (India) founded in 2019 by Naren Yadav, Prateek Yadav, and Prateek Rao. Zyngo has raised $5.6 million across 2 funding rounds from investors including Three Wheels United, Delta Corp and Lc Nueva Investment Partners. The company has 52 employees as of April 08, 2024. Zyngo offers products and services including Zyngo App and EV Vehicles. Zyngo operates in a competitive market with competitors including Zypp Electric, 3eco, MoEving, Evify and BluWheelz, among others.
- Headquarter Gurugram, India
- Employees 52 as on 08 Apr, 2024
- Founders Naren Yadav, Prateek Yadav, Prateek Rao
- Stage Minicorn
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Sectors
Transportation, Automotive & LogisticsRetail
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Email
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Phone
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Website
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Social
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- Legal Name Zyngo Ev Mobility Pvt. Ltd.
- Jurisdiction Gurugram, Haryana, India
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Annual Revenue
$1.56 M (USD)71.74as on Mar 31, 2023
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Net Profit
-$602.95 K (USD)-75.81as on Mar 31, 2023
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EBITDA
-$723.22 K (USD)-103.75as on Mar 31, 2023
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Total Equity Funding
$5.6 M (USD)
in 2 rounds
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Latest Funding Round
$600.41 K (USD), Seed
Oct 05, 2023
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Investors
Three Wheels United
& 2 more
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Employee Count
52
as on Apr 08, 2024
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Products & Services of Zyngo
Zyngo offers a comprehensive portfolio of products and services, including Zyngo App and EV Vehicles.
App for managing hyperlocal deliveries and fleet operations.
Electric vehicles for efficient last-mile delivery services.
Funding Insights of Zyngo
Zyngo has successfully raised a total of $5.6M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $600.41 thousand completed in October 2023. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in Zyngo
Zyngo has secured backing from 3 investors, including institutional and venture fund investors. Prominent investors backing the company include Three Wheels United, Delta Corp and Lc Nueva Investment Partners.
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Gaming & hospitality firm
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Electric vehicle financing is offered to low-income clients.
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Investor details for Zyngo
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Investments & Acquisitions by Zyngo
Investment portfolio details for Zyngo
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Financial Statements - Zyngo
Detailed financials for Zyngo
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Zyngo Comparisons
Peer comparison for Zyngo
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Competitors of Zyngo
Zyngo operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Zypp Electric, 3eco, MoEving, Evify and BluWheelz, among others.
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Electric vehicles are supplied for last-mile delivery and rental needs.
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Hyper-local connectivity solutions are delivered for enterprise last-mile fulfillment.
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Electric mobility solutions are provided for logistics last-mile deliveries.
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Local deliveries are facilitated through electric vehicles by Evify.
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Electric vehicle fleets are provided for last-mile logistics operations.
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End-to-end logistics solutions are delivered using an electric fleet.
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Detailed competitors of Zyngo
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Latest news on Zyngo
Complete news archive for Zyngo
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Frequently Asked Questions about Zyngo
Zyngo was founded in 2019 and raised its 1st funding round 4 years after it was founded.
Zyngo is headquartered in Gurugram, India. It is registered at Gurugram, Haryana, India.
Prateek Yadav is the current CEO of Zyngo. They have also founded this company.
Zyngo is a funded company, having raised a total of $5.6M across 2 funding rounds to date.
As of Apr 08, 2024, the latest employee count at Zyngo is 52.
Annual revenue of Zyngo is $1.56M as on Mar 31, 2023.
Zyngo was founded in 2019 in Gurugram, India, within the electric mobility sector. Electric vehicles are provided for last-mile delivery and hyperlocal operations, along with infrastructure for parking, charging, and maintenance. Delivery processes are optimized through routing, personnel networks, and tracking systems. Services encompass fleet management, safety protocols, security measures, compliance standards, and battery swapping facilities across operations.
Zyngo's top competitors include Zypp Electric, MoEving and Pickkup.
Zyngo offers Zyngo App and EV Vehicles.
Zyngo has 3 investors. Key investors include Three Wheels United, Delta Corp, and Lc Nueva Investment Partners.
The valuation of Zyngo is $3.24M as of Oct 2023.