EV startup Zypp Electric launches services in Hyderabad
The company recently partnered with e-retail, food tech and grocery giants like SPAR Hypermarkets, Grofers and Bigbasket to electrify the last mile delivery.
June 06, 2021 / 03:34 PM IST
Electric Scooter. (PC-Shutterstock)
Last-mile delivery electronic vehicle startup Zypp Electric on June 6 announced the launch of its services in Hyderabad with 100 EV bikers.
Zypp Electric has recently partnered with e-retail, food tech and grocery giants like SPAR Hypermarkets, Grofers and Bigbasket to electrify the last mile delivery. For the delivery, the firm will use API-integrated electric vehicles. It will also install 20 battery swapping and charging stations.
Zypp receives investment commitment of Rs 35 crore, in talks to raise Rs 60 crore
"We are extremely proud and excited to launch Zypp Electric’s last-mile delivery services with our 100 IoT and AI-enabled electric scooters in Hyderabad. We plan to expand to a fleet of 500 EVs in the next 3-4 months in the city. We took time to launch operations in South as we 1st wanted to garner EV leadership spot in North," Live Mint quoted Zypp Electric CEO Akash Gupta as saying.
" Our major aim is to partner with organisations, businesses, and neighbourhood stores to provide eco-friendly and delivery services through our electronic bikes which will help adopt a carbon-free ecosystem to reduce pollution in the city," Gupta further added.
Founded in 2017, Zypp Electric delivers groceries, medicines, food, and packages from point A to point B through IoT and AI-enabled scooters. Its technology also tracks batteries that can be replaced at Zypp swapping stations.