Zypp , It is India’s 1st smart e-bike and scooter sharing platform, previously it was known as MOBYCY. It was founded in 2017 by Akash Gupta,Shivraj Singh and Rashi Aggarwal. The Startup consist team of 50 employees. ZYPP was started with E scooter to solve the last mile connectivity for millions of commuters in India. ZYPP has a mission to provide service at an affordable price, people avoid traffic, pollution-free environment and congestion-free lifestyle to all citizens.
Zypp offers an IoT based GPS lock, which is a very user-friendly app which helps to find nearest Zypp E-bikes and scooter anytime, anywhere, scan OQ code to unlock, ride any short distance up to 5 km and park safely in parking zones.
In the First phase, Zypp began its journey of a startup with 300 scooters in Huda city center, Gurugram region Zypp has raised $500k seed funding in 2017 from Angel investor. After completion of 1 year, Zypp has been recognized by the DIPP StartUpIndia, TechSparks, Niti Aayog & WRI as the best mobility startup of India. In November 2018, It has raised an undisclosed amount of angel funding from Venture Catalysts.
According to Media reports, In pre-series A round funding, In Nov 2019, The Indian Angel Network (IAN) , SEBI registered has invested Rs. 15 Crore in Zypp. The company would utilize funds for expanding its operation to all major cities in India. Further, the company would use the capital for procurement of 5000 e scooters with advanced technology and long rage within the coming months.
Zypp attractive Pricing and plan
Investment and Business Opportunity
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