Zypp Electric Raises $15 Million in Series C Funding for Sustainable & Carbon-Free Last-Mile Delivery Solutions

In a significant boost to its mission of creating a carbon-free India, Zypp Electric has successfully raised $15 million in its latest funding round. Founded in 2017, Zypp Electric is transforming the landscape of last-mile logistics through its tech-enabled EV-as-a-Service platform. With a strong commitment to sustainability, the company aims to achieve zero emissions by deploying a fleet of electric vehicles that serve everyone from local merchants to e-commerce giants. This latest funding will be instrumental in enhancing their innovative ecosystem, primarily focused on providing carbon-free delivery services that not only lower operational costs but also mitigate pollution in urban environments. Zypp Electric's cutting-edge approach integrates IoT and AI technology, enabling efficient tracking and management of their electric scooters, which are designed for minimal maintenance and optimal performance. The funding will also facilitate the expansion of their battery-swapping stations at key locations, ensuring quick and convenient service for delivery executives. As Zypp Electric continues to redefine the future of sustainable logistics with its asset-light business model, this influx of capital signifies a promising step toward a cleaner and greener urban landscape, ultimately making a positive impact on the environment and community. By revolutionizing the way goods are delivered, Zypp Electric is not just contributing to the bottom line of its partners but also fostering a significant change towards a pollution-free society.