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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.
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