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Stealth • 1m

Zypp Electric’s Revenue Nears INR 300 Cr Mark Zypp Electric is a big player in the EV sector. It has recently made headlines with it’s amazing growth. The revenue of the company increased around 2.7 times. It nears 300 Crore mark for FY24.This shows that the company is operating at a very good pace is nearing operational stability at the moment. Let us see what helped Zypp Electric’s revenue to skyrocket by 2.7 times What is Zypp Electric? The company was founded in 2017 and operates as an EV service platform. It works on a mission of Carbon Free environment. The company has it’s offices in Gurugram, Mumbai and Bengaluru. Zypp Electric has a fleet o Electric vehicles. It provides last mile delivery of groceries, medicines, food etc. The company aims to expand it’s fleet and wish to provide last mile deliveries with sustainable EVs by 2028. Recent News: Zypp Electric’s Revenue Growth Zypp Electric’s revenue is reported to increase by 2.7 times. In previous fiscal year, the revenue was around Rs. 111.5 crore. Including all sources of income, the revenue surged to around Rs. 302 crore. The company is now operationally profitable. To add on, the company plans to expand it’s fleet to 1,00,000 vehicles in coming months.

https://applyly.in/stories/zypp-electrics-revenue-nears-inr-300-cr-mark/

0 replies8 likes

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Anonymous

Stealth • 8m

A small case study on.... Zypp(the rejected startup from shark tank season 2) Company Name: Zypp Industry: Electric Delivery Case 1: Reducing Last-Mile Delivery Costs Solution: Transitioned to electric delivery scooters, reducing fuel costs and m

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Vikas Acharya
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Medial • 2m

Furniture rental startup Rentomojo nears Rs 200 crore FY24 operating revenue Furniture and appliance rental platform Rentomojo posted operating revenue of nearly Rs 200 crore in the last fiscal year as the Bengaluru-based company benefited from peop

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Mahendra Lochhab

Stealth • 14d

Zypp electric's total revenue jumped to INR 302.6 Cr in FY24 from INR 111.5 Cr in the previous fiscal year.

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Rohan Saha

Stealth • 2m

Ola Electric investors, how are you all? As soon as the lock-in period ended, the company’s share price dropped. To justify a valuation of ₹39,000 crore, at least ₹3,000 crore in revenue and a profit of ₹50 crore or ₹100 crore will be needed. Then, m

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Sajin
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Foundation • 8d

FY24 Coal India revenue: ₹30672 Crore FY24 Zomato revenue: ₹6274 Crore Coal India pays more dividend than the revenue of Zomato. Then why does Zomato have higher valuation than Coal India?

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Anonymous

Stealth • 5m

Newly-listed online travel ticket booking platform ixigo has reported a significant 212% increase in net profit, rising from Rs 23.4 crore in FY23 to Rs 73.1 crore in FY24. The company's operating revenue also grew by 31% during the same period, fr

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Inactive

Stealth • 6m

Ulala Olala! Ola Electric, India's leading electric two-wheeler maker, has SEBI's nod for a ₹5,500 crore ($660 million) IPO. Key details: - Fresh issue: ₹5,500 crore; OFS: 95.2 million shares. - Target valuation: $6 billion. - Funds for: cap

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Anonymous

Stealth • 4m

Deepinder Goyal-led Zomato's revenue rose 74% year-on-year to Rs 4,206 crore in Q1FY25. Meanwhile, the company's net profit jumped to Rs 253 crore. During the same quarter last year, Zomato posted a net profit of Rs 2 crore and a revenue of Rs 2,

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Aarihant Aaryan

Stealth • 10m

Ethos a B2B "luxury" watch company does 1000 crore in revenue, their revenue comes from jus 500 ultra rich families. Their stock has gone 2.2x from their listing date :) The luxury market does exist in India.