About Zypp Electric
Zypp Electric is a Transportation, Automotive & Logistics company based in Gurugram (India) founded in 2017 by Tushar Mehta, Rashi Agarwal, and Akash Gupta. Electric vehicles are supplied for last-mile delivery and rental needs. 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 1,099 employees. Zypp Electric was last valued at $322.28 million in January 2025. Its chief executive, as recorded, is Akash Gupta. Its website zypp.app draws about 27 thousand monthly visits. Its Indian entity Bycyshare Technologies Private Limited reported revenue of ₹476 Cr. Its focus areas include Consumer, Logistics Tech, Ecommerce Logistics and Last Mile. Its competitors include Yulu, 3eco and MoEving; 3 of its 3 listed competitors have raised funding.
Company details
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.
- Headquarters Gurugram, India
- Employees 1,099
- Founders Tushar Mehta, Rashi Agarwal, Akash Gupta
- Stage Minicorn
- SectorsTransportation, Automotive & Logistics
- Website category Food and Drink · Restaurants and Delivery
- Email••••••••
- Website zypp.app
- Social LinkedIn X Facebook Instagram YouTube
- Legal Name Bycyshare Technologies Private Limited
- Date of Incorporation 08 Aug, 2017
- Jurisdiction Gurgaon, Haryana, India
- Annual Revenue₹476 Cr
FY 2026 · +6% YoY
- Net Loss-₹59.72 Cr
FY 2026 · -13% margin
- EBITDA₹1.93 Cr
FY 2026 · 0% margin
- Total Equity Funding$50.34M (USD)
in 13 rounds
- InvestorsAngel List
& 67 more
- Employee Count1,099
Associated legal entities of Zypp Electric
Zypp Electric operates through Bycyshare Technologies Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2026) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Bycyshare Technologies Private Limited CIN U63000HR2017PTC070227 | Active | 08 Aug 2017 | Gurgaon, Haryana | ₹476 Cr | 1,096 | 3 | View details |
Apps and channels of Zypp Electric
Zypp Electric publishes 3 mobile apps with over 1M+ downloads; its YouTube channel Zypp Electric Delivery has 44K subscribers and 30 videos.
Videos from Zypp Electric
The most watched videos on Zypp Electric's YouTube channel, Zypp Electric Delivery (44K subscribers). Click a video to play it here.
More on Zypp Electric Delivery.
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.
- Total Funding $50.34M
- Total Rounds 13
- First Round $250,724
(Nov 2017)
- Investors Count 68
Latest 10 of 13 funding rounds of Zypp Electric 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 |
|---|---|---|---|---|---|
| Mar 2025 | $241,666 | Series C | – | – | We Founder Circle |
| Jan 2025 | $6.5M | Series C | $322.28M | – | |
| Aug 2024 | Series C | – | – | – | |
| Apr 2024 | $15M | Series C | $279.85M | ENEOS Group, ENEOS | |
| Feb 2023 | $5M | Debt – Conventional | – | – | |
| Nov 2022 | $20M | Series B | $••••• | Gogoro | |
| Sep 2022 | Series A | – | We Founder Circle | ||
| Apr 2022 | $1M | Debt – Conventional | – | – | |
| Dec 2021 | Series A | $••••• | GSV | – | |
| Sep 2021 | $256,766 | Series A | – | – | We Founder Circle |
| Date | Valuation | Stage |
|---|---|---|
| Jan 2025 | $322.28M | •••••••• |
| Apr 2024 | $279.85M | •••••••• |
| Nov 2022 | $••••• | •••••••• |
| Dec 2021 | $••••• | •••••••• |
| Sep 2019 | $••••• | •••••••• |
| Jul 2018 | $••••• | •••••••• |
Full valuation and stage history of Zypp Electric
Every valuation point, the growth-stage changes (minicorn, soonicorn, unicorn) and the dates behind them require an active premium plan.
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- Stage changes
- Dates
- Exports
Verified entity values are shown only after access is granted.
Last known valuation $322.28M (Jan 2025). 68 investors in total: 52 institutional and 16 angel.
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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Investments are directed by Goodyear Ventures into mobility technology sectors. | goodyearventures.com | San Francisco, United States | ||
Early-stage startup ecosystem is supported by Venture Catalysts in India. | 2015 | venturecatalysts.in | Mumbai, India | |
Venture capital investments and support for startups in sectors like AI and healthcare. | 2017 | ian-fund.com | Kolkata, India | |
Angel network facilitating startup investments and investor connections in technology and sustainability sectors. | 2021 | ivygrowth.co.in | Surat, India | |
Investment in early-stage startups and global community support. | 2020 | wefoundercircle.com | Mumbai, India | |
Private equity investments are directed toward women empowerment initiatives. | iixglobal.com | Singapore, Singapore | ||
A startup accelerator offering funding and support to early-stage companies. | 2020 | 100unicorns.in | Mumbai, India | |
Seed-stage tech-focused VC firm investing in geographies such as Asia | 2015 | astarcventures.com | Mumbai, India | |
Venture capital firm focused on tech companies and real estate firm | tsmventures.net | Austin, United States |
Investor details for Zypp Electric
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Board of directors of Bycyshare Technologies Private Limited (Zypp Electric)
Bycyshare Technologies Private Limited is the primary company behind Zypp Electric. The board of Bycyshare Technologies Private Limited currently have 3 directors; the longest-serving is Akash Gupta, appointed in 2017. 3 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Akash Gupta DIN 07300946 | Director | 08 Aug 2017 | 9 yrs 3 mo | Bycyshare Technologies Private Limited |
| Rashi Agarwal DIN 07300933 | Director | 08 Aug 2017 | 9 yrs 3 mo | Bycyshare Technologies Private Limited |
| Madhav Sikka DIN 02715131 | Nominee Director | 04 Feb 2025 | 1 yr 9 mo | Bycyshare Technologies Private Limited |
People of Zypp Electric
33 people are tracked at Zypp Electric (12 in leadership, 21 in team); the tracked headcount is 1,099.
| Name | Role | Group |
|---|---|---|
Tushar Mehta | Co-Founder & COO | Leadership |
| Co-Founder & CBO | Leadership | |
| Co-Founder & CEO | Leadership | |
Chiraag Vohra | Head of Operations | Leadership |
Parag Raheja | Executive Vice President | Leadership |
Rahul Yadav | VP Of Technology | Leadership |
Mukesh Singla | CFO And Strategic Advisor | Leadership |
Rakesh kumar Bairwa | City Head | Leadership |
Sumit Raina | Assistant General Manager Business Development | Leadership |
Indresh Gulati | Associate Director | Leadership |
Tapas Kumar Swain | Assistant General Manager | Leadership |
Sudipto Shome | VP And Business Head | Leadership |
Ankus Singh | Senior Manager Fleet Operations | Team |
Manisha Singh | Trainee - Operations Management | Team |
Divyanshu Narang | Category Manager | Team |
Roshan Chaudhary | Business Development Executive | Team |
Mohd Aasim | Senior Technical Support Engineer | Team |
AMIT SHARMA | Fleet Operation | Team |
Jasvant Singh | Manager - Data & BI | Team |
pankaj kumar | Sr. Data Analyst | Team |
13 more people are available in the full profile.
Complete people profiles for Zypp Electric
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Financials of Zypp Electric
Figures of Bycyshare Technologies Private Limited, the primary company behind Zypp Electric, for FY 2026. Revenue was ₹476 Cr (+6% year on year). Net loss was -₹59.72 Cr (-13% margin). EBITDA was ₹1.93 Cr (0% margin). Revenue has grown at a compounded annual rate of 0% over three years and 0% over five years.
- ₹476 CrRevenue · FY 2026 · +6% YoY
- -₹59.72 CrNet loss · -13% margin
- ₹1.93 CrEBITDA · 0% margin
- ₹2.6 LakhPaid-up capital
- 1,096Employees (provident fund records)
- 0%Revenue CAGR, 3 years
- 0%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Bycyshare Technologies Private Limited are on its company page.
Detailed financial statements for Zypp Electric
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Timeline of Zypp Electric
4 dated milestones of Zypp Electric across 8 years, from founding to its latest funding, stage changes and deals.
- Founded Zypp Electric is founded.
- Funding First funding round of $251K.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Series C,.
Competitors of Zypp Electric
Zypp Electric has 3 listed competitors in our database, 3 of them funded. They include Yulu, 3eco and MoEving.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| yulu.bike | 2017 | Bengaluru, India | $124.54M | 185 | Shared electric two-wheelers are rented via an online platform. | |
| 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 Zypp Electric
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
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Web traffic of Zypp Electric
The website of Zypp Electric (zypp.app) receives about 27.2K visits a month and ranks #844,833 among all websites worldwide, #6,758 in Restaurants and Delivery.
- Monthly visits27.2K
▼ 25% vs previous month
- Unique visitors19.1K
per month
- Global rank#844,833
among all websites
- Category rank#6,758
Food and Drink · Restaurants and Delivery
- Bounce rate39%
- Pages per visit1.9
- Average visit42 sec
- DevicesDesktop 20% · Mobile 80%
Websites whose visitors overlap most with Zypp Electric. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| linkedin.com | 100% | 1.9B | #18 | View details |
Top companies in Electric & Green Mobility
3 companies that operate in the same segment as Zypp Electric (Electric & Green Mobility) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Electric ride-hailing and cab services are provided via mobile app. | 2019 | Mumbai, Maharashtra, India | USD 168.52 M | |||
Shared electric two-wheelers are rented via an online platform. | 2017 | Bengaluru, Karnataka, India | USD 187.54 M | USD 37.93 M | 401 | |
Manufacturer of electric scooters, charging infrastructure, smart helmets, and accessories | 2013 | Bengaluru, Karnataka, India | USD 502.02 M | USD 407.47 M | 1,917 |
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Related news about Zypp Electric
Complete news archive for Zypp Electric
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Articles about Zypp Electric on our blog
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 CEO of Zypp Electric, as recorded in our data. 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. The company's 1st funding round was a Series A of $256.77K, raised on Nov 2017.
Zypp Electric has 1,099 employees.
The primary company behind Zypp Electric, Bycyshare Technologies Private Limited, reported revenue of ₹476 Cr for FY 2026, up 6% year on year.
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 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.
Zypp Electric operates through Bycyshare Technologies Private Limited.
The legal entities of Zypp Electric currently have 3 directors, including Akash Gupta, Rashi Agarwal, Madhav Sikka.