Zypp Electric
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About Zypp Electric
Zypp Electric India’s Leading Tech-Enabled EV-as-a-Service platform, founded in 2017 with a Mission of Zero Emission and to make India carbon-free by using an ecosystem of Electric Vehicles and EV-based technology to make last-mile logistics sustainable and emission-free. Zypp Electric's business model is to make carbon-free last-mile delivery for local merchants from e-commerce giants to delivery executives and thereby reduce delivery cost and pollution on an asset-light model. The company currently delivers groceries, medicines, food, and e-commerce packages from point A to point B through their fully automated IoT and AI-enabled scooters which are low on maintenance and high on performance. The technology tracks batteries that can be replaced at Zypp swapping stations which are installed at key touchpoints. Eco-friendly EV services also reduce the cost per delivery and help to make the city pollution-free. Currently, it has over 20,000+ (as of November 2024) and increasing Zypp EVs and pilots (delivery executives) working towards this mission.
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Overall Rating | 3.9/5 based on 264 reviews | 4.0/5 based on 543 reviews | 4.0/5 based on 122 reviews | 4.0/5 based on 114 reviews |
Highly Rated for | Salary & Benefits Skill development Company culture | Company culture Work-Life balance Skill development | Skill development Salary & Benefits Work-Life balance | Work-Life balance Company culture Salary & Benefits |
Critically Rated for | No critically rated category | Promotion/Appraisals | Job Security Promotion/Appraisals | Job Security |
Primary Work Policy | Work from office 87% employees reported | Work from office 77% employees reported | - | - |
Rating by Women Employees | 4.7 Excellent rated by 35 women | 3.8 Good rated by 76 women | 4.2 Good rated by 10 women | 4.5 Good rated by 19 women |
Rating by Men Employees | 3.7 Good rated by 212 men | 4.1 Good rated by 440 men | 4.0 Good rated by 105 men | 3.9 Good rated by 80 men |
Job Security | 3.6 Good | 3.5 Good | 3.0 Average | 3.0 Average |
Zypp Electric Salaries
Cluster Manager
Team Lead
City Head
HUB Manager
Senior Data Analyst
Data Analyst
Inventory Manager
Assistant General Manager
City Head Operations
Product Manager
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Zypp Electric News
Zypp Electric Secures ₹55.4 Crore in Ongoing Series C Funding Round
- Zypp Electric has raised ₹55.4 crore ($6.5 million) in its ongoing Series C funding round.
- The funding is expected to value the company at approximately $335-350 million.
- 16 individual investors, including Kapil Kriplani and Narinder Bajaj, participated in the funding round.
- Zypp Electric provides EV-as-a-service solutions to major partners like Flipkart, Zomato, Uber, and more.
Zypp Electric secures Rs 55.4 Cr in ongoing Series C funding round
- Zypp Electric is raising Rs 55.4 crore ($6.5 million) from 16 investors as part of its ongoing Series C funding round.
- The company will issue 564 Series C2 compulsory convertible preference shares (CCPS) and be valued at around $335-350 million post the funding round.
- Key investors include Kapil Kriplani, Narinder Bajaj, Neeraj Goel, and Samir Goenka.
- Zypp Electric's partners include BigBasket, Zepto, Flipkart, Myntra, Zomato, Swiggy, Blinkit, Uber, Porter, Rapido, 1MG, Delhivery, and Blue Dart.
Zypp Electric partners with e-Sprinto to electrify the last mile, gives 30,000 e-scooters order
- Zypp Electric partners with e-Sprinto to electrify the last mile, gives 30,000 e-scooters order
- Zypp Electric and e-Sprinto have entered into a partnership to deploy 30,000 e-Sprinto high-speed electric vehicles into Zypp Electric's fleet over the next three years.
- The partnership aims to strengthen sustainable transportation and better livelihoods for delivery pilots while providing top-tier after-sales service and support.
- The collaboration aligns with the goal of reducing carbon emissions and creating eco-friendly urban logistics.
Startup news and updates: Daily roundup (December 26, 2024)
- EatSure, the flagship D2C platform of Rebel Foods, has launched its multi-restaurant group ordering feature.
- Zypp Electric has partnered with e-Sprinto to deploy 30,000 e-Sprinto high-speed electric vehicles into Zypp Electric’s fleet over the next three years.
- Evocus has appointed Pramod Joshi as Head of Retail Sales and Export to lead sales efforts and expand its reach globally.
- Jobs and talent platform foundit has made three leadership appointments: Pranay Kale as Chief Revenue and Growth Officer, Anupama Bhimrajka as Vice President of Marketing, and Tanesh Arora as Vice President of Candidate Services.
Today Startup News 18 December 2024 From The Indian Startup Ecosystem
- Seekho App secures $8 million in Series A funding round led by Lightspeed.
- Athera Venture Partners receives support from HDFC AMC for a Rs 900-Crore fund.
- Easebuzz is in talks to raise INR 200 crore in a new funding round, with Bessemer Venture Partners as a key investor.
- Former SoftBank India Head Manoj Kohli joins Zypp Electric as Senior Advisor.
Former SoftBank India Head Manoj Kohli Joins Zypp Electric as Senior Advisor
- Manoj Kohli, former SoftBank India head and Bharti Airtel veteran, has joined Zypp Electric as a senior advisor.
- This move aims to strengthen Zypp Electric's leadership team and accelerate its plans for a public listing (IPO).
- Kohli, with over 45 years of experience, will focus on empowering the leadership team and developing a robust framework for sustained business success.
- Zypp Electric, founded in 2017, has raised approximately $75 million to date and operates a fleet of over 22,000 EVs.
Zypp Electric Ropes In Former SoftBank India Head As Senior Advisor
- EV two-wheeler startup Zypp Electric has appointed former SoftBank India head and Bharti Airtel veteran Manoj Kohli as its senior advisor.
- Kohli will focus on empowering the leadership team and creating a framework for business success as the company eyes public listing.
- Before joining Zypp, Kohli served as the country head of SoftBank India and led Bharti Airtel's expansion across Asia and Africa.
- Zypp Electric, founded in 2017, has seen impressive revenue growth but also a widening net loss, and currently operates a fleet of over 22,000 EVs.
Zypp Electric appoints ex-Softbank India Head Manoj Kohli as a senior advisor
- Zypp Electric has appointed Manoj Kohli as Senior Advisor
- Kohli brings decades of experience in diverse industries including telecom, renewable energy, EVs, and AI-led technology
- His appointment aims to strengthen Zypp Electric's leadership and accelerate its mission in last-mile delivery and IPO vision
- Zypp Electric aims to make India carbon-free through sustainable last-mile logistics using EVs and technology
Zypp Electric’s Revenue Zooms 2.7X, Nears INR 300 Cr Mark
- Delhi NCR-based EV startup Zypp Electric's operating revenue surged 2.7X to INR 292.7 Cr in FY24.
- The startup generates revenue by renting its two-wheeler EVs to delivery executives of ecommerce startups like Swiggy, Zomato, and BigBasket.
- Despite the revenue increase, Zypp Electric's net loss rose to INR 91.1 Cr in FY24.
- The startup's total expenditure rose to INR 394 Cr, with major expenses in employee benefits, rent, and miscellaneous expenses.
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