Zypp Electric runs India’s largest EV rental platform, letting delivery riders and logistics firms rent electric scooters and three‑wheel loaders with swappable batteries on a flexible basis. The service includes an app for KYC, vehicle selection and earnings tracking, IoT‑enabled real‑time monitoring, and AI‑driven predictive maintenance that keeps fleet uptime above 90%, while a nationwide network of battery‑swapping stations reduces downtime and operating costs.
Funding
$81.9M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Delivery riders and logistics operators in India rely heavily on petrol-powered two- and three-wheelers, which incur high fuel expenses, frequent maintenance downtime, and contribute to urban air pollution. Access to affordable, reliable electric vehicles (EVs) is limited, creating a barrier for gig workers seeking to reduce operating costs and environmental impact.
Solution
Zypp Electric operates India’s largest EV rental platform, offering electric scooters and loaders on a flexible rental basis for delivery and logistics services. Riders can sign up through a mobile app, complete KYC, select a swappable‑battery scooter, and start earning immediately, eliminating upfront vehicle purchase costs. The fleet is equipped with IoT sensors that provide real-time location and usage data, while an AI‑driven maintenance system ensures 90%+ vehicle uptime. A nationwide network of battery‑swapping stations enables quick recharging, and 24/7 AI‑enabled chatbot support handles service tickets, helping riders maintain continuous operation and lower per‑delivery expenses.
Target Audience
Primary customers are independent delivery riders, gig‑economy couriers, and small to medium logistics firms that need cost‑effective, low‑maintenance vehicles for last‑mile delivery in Indian urban markets.
Features
- On‑demand rental of electric scooters and three‑wheel loaders with swappable battery packs
- IoT integration for live vehicle tracking, usage analytics, and performance monitoring
- AI‑powered predictive maintenance platform delivering 90%+ fleet uptime
- Extensive network of battery‑swapping stations across major Indian cities for rapid recharging
- Mobile app workflow for KYC verification, vehicle selection, earnings dashboard, and support
- 24/7 AI chatbot for instant ticket resolution and rider assistance
- Emissions reporting showing cumulative carbon reduction (e.g., 55 million kg CO₂ saved)