Zypp Electric Secures $40M Series B to Power India's Green, Zero-Emission Commutes

Zypp Electric, India's leading smart shared mobility app known for transforming last-mile commute with eco-friendly solutions, has just achieved a significant milestone by raising 40,000,000 in its latest funding round. This impressive financial backing not only underscores the growing confidence of investors in the green-tech revolution but also highlights Zypp Electric’s commitment to making mobility easier, more affordable, and sustainable for millions of Indians. With this new capital injection, the company is all set to accelerate its mission of revolutionizing urban mobility by further expanding its unique portfolio of shared transportation options, which currently include bicycles, electric scooters, and electric cycles. The funding will be directed toward upgrading its user-centric platform, expanding its service network in both established and emerging markets, and driving innovation in technology to offer even more efficient, zero-emission commute solutions. As a trailblazer in the smart mobility space, Zypp Electric is committed to reducing traffic congestion, cutting down carbon emissions, and offering a diverse array of commute choices that save time and improve urban living. Their efforts have not gone unnoticed, as evidenced by accolades like the STAMP 18 award and recognition through #PitchToMove, which further solidify their leadership stance in the market. This round of funding marks a new chapter in the journey of making last-mile travel not just a necessity but a smart, sustainable choice for urban commuters across India. With a keen focus on innovation and efficiency, Zypp Electric is poised to redefine the mobility landscape and drive the shift toward a cleaner, greener future.