Bullish on the growth potential of escooters, electric vehicle-as-a-service startup Zypp Electric planned a $30 million expansion.
The B2B delivery and shared mobility electric vehicle (EV) startup based in Delhi NCR plans to launch in Bengaluru this month. In the coming months, it intends to expand further in Mumbai, Pune, and Hyderabad. As part of its expansion strategy, Zypp Electric aims to have a fleet of 1.5 lakh scooters spread across 18 Tier-1 cities by 2025. It delivers escooters to over 50 brands, including ecommerce and food and grocery players like Zomato, Swiggy, BigBasket, Amazon, Flipkart, Myntra, PharmEasy, Delhivery, and Spencers, among others.
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Bullish on the growth potential of escooters, electric vehicle-as-a-service startup Zypp Electric planned a $30 million expansion.
The B2B delivery and shared mobility electric vehicle (EV) startup based in Delhi NCR plans to launch in Bengaluru this month. In the coming months, it intends to expand further in Mumbai, Pune, and Hyderabad. As part of its expansion strategy, Zypp Electric aims to have a fleet of 1.5 lakh scooters spread across 18 Tier-1 cities by 2025. It delivers escooters to over 50 brands, including ecommerce and food and grocery players like Zomato, Swiggy, BigBasket, Amazon, Flipkart, Myntra, PharmEasy, Delhivery, and Spencers, among others.
Disclaimer
We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.
