Zypp Electric

Transportation ServicesSeries CGurugram, Indiazypp.app

Latest round

Series C

Last raised

Apr 2024

Total raised

$41M

Investors

23

About Zypp Electric

Founded in Gurugram, India, in 2017, Zypp Electric offers electric scooter rentals aimed at enhancing last-mile delivery services.34 million from AIA Engineering Ltd.34 million.Zypp Electric primarily provides electric scooter rental services targeted at delivery partners and individual users. Their fleet of electric scooters addresses the operational challenges associated with internal combustion engine vehicles, including rising fuel costs and maintenance expenses.In 2023, Zypp Electric reported a revenue of INR 1,091,313,000 and an EBITDA of INR 405,296,000. The company is focused on expanding its market presence, targeting additional urban regions across India for its electric scooter services. Upcoming product launches are expected to further diversify their offerings, aligning with the growing demand for sustainable transportation solutions.

Who invested in Zypp Electric

23 investors across 6 rounds

See all investors in Zypp Electric

Sign up free to see every VC on the cap table, the rounds they joined, and how much each round raised.

Funding rounds

  1. Series C

    Apr 26, 2024

    Amount

    $15M

    Investors

    Locked

  2. Series B

    Jan 25, 2023

    Amount

    $19M

    Investors

    Locked

  3. Series A

    Nov 22, 2021

    Amount

    $4.4M

    Investors

    Locked

  4. Series A

    Aug 21, 2021

    Amount

    $0.5M

    Investors

    Locked

  5. Series A

    Jan 10, 2020

    Amount

    $2.1M

    Investors

    Locked

  6. Angel

    Jul 27, 2018

    Amount

    $0.3M

    Investors

    Locked

Questions about Zypp Electric

Who invested in Zypp Electric?

Zypp Electric has 23 investors on record across 6 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has Zypp Electric raised?

Zypp Electric has raised 6 venture rounds. Sign up free to see how much each round raised and the total.

When did Zypp Electric last raise money?

Zypp Electric's most recent round on record is a Series C, in Apr 2024.

What does Zypp Electric do?

Founded in Gurugram, India, in 2017, Zypp Electric offers electric scooter rentals aimed at enhancing last-mile delivery services.

Where is Zypp Electric headquartered?

Zypp Electric is headquartered in Gurugram, India.

Which VCs invest in companies like Zypp Electric?

Among active investors with capital left to deploy, Shanghai State-owned Capital Investment Leading Fund, Hui Hua Fund, Yufu Capital and ICBC Capital Management back transportation services companies at Zypp Electric's stage. Their profiles are linked below.

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