About Zyngo
Zyngo is a Transportation, Automotive & Logistics company based in Gurugram (India) founded in 2019 by Naren Yadav, Prateek Yadav, and Prateek Rao. Electric vehicles are supplied for last-mile delivery and hyperlocal tasks. It operates in the Transportation, Automotive & Logistics and Retail sectors. 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. Zyngo was last valued at $3.24 million in October 2023. Its chief executive, as recorded, is Prateek Yadav. Its Indian entity Zyngo Ev Mobility Private Limited reported revenue of ₹15.69 Cr. Zyngo offers products and services including Zyngo App and EV Vehicles. Its focus areas include Consumer, Logistics Tech, Ecommerce Logistics and Last Mile. Its competitors include Zypp Electric, 3eco and MoEving; 3 of its 3 listed competitors have raised funding.
Company details
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.
- Headquarters Gurugram, India
- Employees 52
- Founders Naren Yadav, Prateek Yadav, Prateek Rao
- Stage Minicorn
- SectorsTransportation, Automotive & LogisticsRetail
- Email••••••••
- Phone•••• ••••
- Website zyngo.co.in
- Social LinkedIn Facebook Instagram
- Legal Name Zyngo Ev Mobility Pvt. Ltd.
- Date of Incorporation 19 Sep, 2019
- Jurisdiction Gurugram, Haryana, India
- Annual Revenue₹15.69 Cr
FY 2024 · +21% YoY
- Net Loss-₹6.92 Cr
FY 2024 · -44% margin
- EBITDA-₹7.01 Cr
FY 2024 · -45% margin
- Total Equity Funding$5.6M (USD)
in 2 rounds
- Latest Funding Round$600.41K (USD), Seed
Oct 2023
- InvestorsThree Wheels United
& 2 more
- Employee Count52
Associated legal entities of Zyngo
Zyngo is associated with 3 registered companies on The Company Check; the primary company is Zyngo Ev Mobility Private Limited. Each company page carries the filings, financials, charges and directors of that entity.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Zyngo Ev Mobility Private Limited CIN U63030HR2019PTC082674 | Under Cirp | 19 Sep 2019 | Gurugram, Haryana | ₹15.7 Cr | 52 | 2 | View details |
| Regrip India Private Limited CIN U25114HR2021PTC096094 | Active | 05 Jul 2021 | Gurugram, Haryana | ₹16.6 Cr | 2 | View details | |
| Zyngo Clean Mobility Private Limited CIN U63032HR2022PTC101345 | Active | 14 Feb 2022 | Gurugram, Haryana | ₹0.0 Cr | 2 | View details |
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.
- Total Funding $5.6M
- Total Rounds 2
- Last Round Seed — $600,405
- First Round $5M
(May 2023)
- Investors Count 3
All 2 funding rounds of Zyngo with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct 2023 | $600,405 | Seed | $3.24M | Three Wheels United | – |
| May 2023 | $5M | Seed | – | Delta Corp |
| Date | Valuation | Stage |
|---|---|---|
| Oct 2023 | $3.24M | •••••••• |
Last known valuation $3.24M (Oct 2023). 3 investors in total: 3 institutional.
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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital is invested in car extended warranty startups. | Hyderabad, India | |||
Gaming & hospitality firm | 1990 | deltacorp.in | Mumbai, India | |
Electric vehicle financing is offered to low-income clients. | 2010 | threewheelsunited.com | Bengaluru, India |
Investor details for Zyngo
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Board of directors of Zyngo Ev Mobility Private Limited (Zyngo)
Zyngo Ev Mobility Private Limited is the primary company behind Zyngo. The boards of the 3 registered companies of Zyngo currently have 4 directors; the longest-serving is Tushar Suhalka, appointed in 2021. 9 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Tushar Suhalka DIN 06744199 | Director | 05 Jul 2021 | 5 yrs 3 mo | Regrip India Private Limited |
| Mahavir Pratap Sharma DIN 01852846 | Director | 31 Aug 2022 | 4 yrs 2 mo | Regrip India Private Limited |
| Arun Kumar Gupta DIN 10477559 | Director | 31 Jan 2025 | 1 yr 9 mo | Zyngo Clean Mobility Private Limited, Zyngo Ev Mobility Private Limited |
| Shilpa Sakalkale DIN 11064218 | Director | 19 Apr 2025 | 1 yr 6 mo | Zyngo Clean Mobility Private Limited, Zyngo Ev Mobility Private Limited |
People of Zyngo
3 people are tracked at Zyngo (3 in leadership); the tracked headcount is 52.
| Name | Role | Group |
|---|---|---|
Naren Yadav | Co-Founder | Leadership |
| Co-Founder & CEO | Leadership | |
Prateek Rao | Co-Founder & CEO | Leadership |
Complete people profiles for Zyngo
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Financials of Zyngo
Figures of Zyngo Ev Mobility Private Limited, the primary company behind Zyngo, for FY 2024. Revenue was ₹15.69 Cr (+21% year on year). Net loss was -₹6.92 Cr (-44% margin). EBITDA was -₹7.01 Cr (-45% margin). Revenue has grown at a compounded annual rate of +97% over three years.
- ₹15.69 CrRevenue · FY 2024 · +21% YoY
- -₹6.92 CrNet loss · -44% margin
- -₹7.01 CrEBITDA · -45% margin
- ₹1.35 CrPaid-up capital
- 52Employees (provident fund records)
- +97%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of Zyngo Ev Mobility Private Limited are on its company page.
Detailed financial statements for Zyngo
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- Downloads
Verified entity values are shown only after access is granted.
Timeline of Zyngo
4 dated milestones of Zyngo across 4 years, from founding to its latest funding, stage changes and deals.
- Founded Zyngo is founded.
- Funding First funding round of $5.0M.
- Funding Latest funding round, Seed, of $600K.
- Milestone Reaches Minicorn status.
Competitors of Zyngo
Zyngo has 3 listed competitors in our database, 3 of them funded. They include Zypp Electric, 3eco and MoEving.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| zypp.app | 2017 | Gurugram, India | $50.34M | 913 | Electric vehicles are supplied for last-mile delivery and rental needs. | |
| 3eco.in | 2020 | Bengaluru, India | $10.81M | 706 | Hyper-local connectivity solutions are delivered for enterprise last-mile fulfillment. | |
| moeving.com | 2021 | Gurugram, India | $15.13M | 172 | Electric mobility solutions are provided for logistics last-mile deliveries. |
Detailed competitors of Zyngo
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Web traffic of Zyngo
The website of Zyngo (zyngo.co.in) receives about 1.5K visits a month.
- Monthly visits1.5K
▲ 66.7% vs previous month
Top companies in Logistics Technology & Platforms
3 companies that operate in the same segment as Zyngo (Logistics Technology & Platforms) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Food and grocery items are ordered via an online network. | 2014 | Bengaluru, Karnataka, India | USD 3.54 B | USD 2.46 B | 4,488 | |
Integrated logistics services including parcel delivery and warehousing are provided. | 2011 | Gurugram, Haryana, India | USD 1.56 B | USD 1.12 B | 23,536 | |
E-commerce tools for shipping, marketing, and financial services are provided. | 2012 | Gurugram, Haryana, India | USD 321.57 M | USD 135.47 M | 915 |
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Related news about 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 CEO of Zyngo, as recorded in our data. They have also founded this company.
Zyngo is a funded company, having raised a total of $5.6M across 2 funding rounds to date. The company's 1st funding round was a Seed of $5M, raised on May 2023.
Zyngo has 52 employees.
The primary company behind Zyngo, Zyngo Ev Mobility Private Limited, reported revenue of ₹15.69 Cr for FY 2024, up 21% year on year.
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 3eco.
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.
Zyngo is associated with 3 legal entities: Zyngo Ev Mobility Private Limited, Regrip India Private Limited, Zyngo Clean Mobility Private Limited.