About Zypp Electric
Zypp Electric is a company based in Gurugram (India) founded in 2017 by Tushar Mehta, Rashi Agarwal, and Akash Gupta. Zypp Electric has raised $50.34 million across 13 funding rounds from investors including Angel List, Northern Arc Capital and Grip Invest. The company has 1,096 employees as of February 13, 2025. Zypp Electric operates in a competitive market with competitors including Yulu, 3eco, MoEving, Evify and BluWheelz, among others.
- Headquarter Gurugram, India
- Employees 1096 as on 13 Feb, 2025
- Founders Tushar Mehta, Rashi Agarwal, Akash Gupta
- Stage Minicorn
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Sectors
Transportation, Automotive & Logistics
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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 Bycyshare Technologies Private Limited
- Date of Incorporation 08 Aug, 2017
- Jurisdiction Gurgaon, Haryana, India
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Annual Revenue
$35.36 M (USD)1254.06as on Mar 31, 2024
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Net Profit
-$10.65 M (USD)-495.72as on Mar 31, 2024
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EBITDA
-$8.08 M (USD)-533.43as on Mar 31, 2024
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Total Equity Funding
$50.34 M (USD)
in 13 rounds
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Latest Funding Round
Not available
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Investors
Angel List
& 67 more
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Employee Count
1096
as on Feb 13, 2025
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People of Zypp Electric
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Funding Insights of Zypp Electric
Zypp Electric has successfully raised a total of $50.34M across 13 strategic funding rounds. 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 Zypp Electric
Zypp Electric has secured backing from 68 investors, including institutional, angel, and venture fund investors. Prominent investors backing the company include Angel List, Northern Arc Capital and Grip Invest.
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Investments are directed by Goodyear Ventures into mobility technology sectors.
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Early-stage startup ecosystem is supported by Venture Catalysts in India.
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Investor details for Zypp Electric
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Investments & Acquisitions by Zypp Electric
Investment portfolio details for Zypp Electric
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Financial Statements - Zypp Electric
Detailed financials for Zypp Electric
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Zypp Electric Comparisons
Peer comparison for Zypp Electric
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Competitors of Zypp Electric
Zypp Electric 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 Yulu, 3eco, MoEving, Evify and BluWheelz, among others.
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Shared electric two-wheelers are rented via an online platform.
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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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Detailed competitors of Zypp Electric
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Latest news on Zypp Electric
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Frequently Asked Questions about Zypp Electric
Zypp Electric was founded in 2017.
Zypp Electric is headquartered in Gurugram, India. It is registered at Gurugram, Haryana, India.
Akash Gupta is the current CEO of Zypp Electric. They have also founded this company.
Zypp Electric is a funded company, having raised a total of $50.34M across 13 funding rounds to date.
As of Feb 13, 2025, the latest employee count at Zypp Electric is 1,096.
Annual revenue of Zypp Electric is $35.36M as on Mar 31, 2024.
Zypp Electric was founded in 2017 and is headquartered in Gurugram, India. Electric scooters and cargo vehicles are offered for rental to support last-mile delivery operations. Solutions are provided to delivery services with a focus on emission reduction. Rental options are available alongside pathways to vehicle ownership. The company operates within the electric mobility sector, serving urban logistics requirements.
Zypp Electric's top competitors include Yulu, Hala Mobility and MoEving.
Zypp Electric has 68 investors. Key investors include Angel List, Northern Arc Capital, Grip Invest, Goodyear, and Gogoro.
The valuation of Zypp Electric is $322.28M as of Jan 2025.