In a quest to achieve 100% electrification in last-mile logistics and to assist businesses from all sectors in becoming carbon emission-free, Zypp Electric-an EV logistics tech delivery start-up claims to build India’s 1st EV D2C business.
“We are extremely proud to be the first EV D2C Business in India. Our goal is to achieve 100% electrification in last-mile logistics and to assist businesses from many sectors in becoming emission-free,”Akash Gupta, Co-Founder & CEO of Zypp Electric.
Zypp electric caters to a wide range of enterprises, including e-commerce companies, e-grocery, Kirana stores, and restaurants, and handles end-to-end last-mile deliveries – from stores to customers’ homes – with various differentiated tech-enabled custom solutions, including the use of e-vehicles, service timing fixes, IoT-enabled battery swapping infrastructure, etc.
The start-up at present has a fleet of 2000+ electric scooters and provides 500k deliveries each month.
Zypp Electric made its debut in India with its first B2B heavy electric scooter, the ‘Zypp Cargo,’ in July 2021. This heavy-duty scooter, designed for last-mile logistics is capable of carrying up to 250 kg and has a 40 Ah battery and can go 120 kilometers in one charge. It can accommodate multiple battery systems and have swappable batteries.
The vehicle’s resilience makes it ideal for shipping crates, pet bottles, cylinders, high load shipments, groceries, huge food bags, and e-commerce bulk shipments, among other items, making it an easy option for e-commerce, grocery, and B2B delivery firms in India. Known as a “Two Wheeler Truck” because of its tough and ruthless power to help with last-mile deliveries. At the last EV Expo, Zypp Electric received 5000+ open orders for this model and has already delivered 300 scooters in nine locations.
The EV start-up offers a wide range of investment and lease opportunities. It offers a one-of-a-kind buy, lease, and earn program under the Zypp Entrepreneurship Program, in which anybody can purchase electric scooters/loaders and lease them, receiving guaranteed monthly returns/rentals directly in their bank account. In comparison to other investment tools, this program offers returns of about 21% and is risk-free of market swings.
Furthermore, Zypp assists its delivery riders in purchasing a scooter on simple EMIs over a period of 2-3 years with no additional interest, allowing each delivery rider to earn more and generate higher monthly profits.
To meet its goal of zero emissions, the company intends to grow its fleet to 100,000 EVs in the next two years. Some of the e-commerce, grocery, e-retail, and food tech companies with which Zypp claims to have worked are Bigbasket, Spencer, Amazon, Flipkart, Licious, and Myntra. The firm now operates in nine cities: Delhi, Gurgaon, Ghaziabad, Noida, Faridabad, Mumbai, Bengaluru, Pune, and Hyderabad, where it recently debuted its services. The firm states that now has 300 clients and plans to reach 1,000+ partners by FY2022.