Zypp Electric Chalks Out $30 Mn Expansion Plan, Eyes More OEM Tie-Ups
India, Sept. 26 -- Bullish on the growth potential of escooters, electric vehicle-as-a-service startup Zypp Electric has chalked out a $30 Mn expansion plan.
The Delhi NCR-based B2B delivery and shared mobility electric vehicle (EV) startup is planning to go live in Bengaluru this month. It aims to scale further in Mumbai, Pune and Hyderabad in the coming months.
Zypp Electric aims to have a fleet of 1.5 lakh scooters spread across 18 Tier-1 cities by 2025 as part of its expansion plan.
It provides escooters for last-mile delivery to over 50 brands, including ecommerce, and food and grocery players such as Zomato, Swiggy, BigBasket, Amazon, Flipkart, Myntra, PharmEasy, Delhivery, and Spencers, among others. It has 6,000 EVs on road and...
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