Login

Post on Medial

Applyly

Stealth • 19d

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.

0 replies8 likes
1

More like this

Recommendations from Medial

Anonymous
Image Description
Image Description

Anonymous

Stealth • 7m

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

See More
11 replies30 likes
2

Vikas Acharya

 • 

Medial • 1m

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

See More
0 replies3 likes
Image Description
Image Description

Rohan Saha

Stealth • 1m

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

See More
17 replies15 likes
1
Anonymous

Anonymous

Stealth • 4m

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

See More
0 replies6 likes

Inactive

Stealth • 5m

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

See More
0 replies9 likes
Anonymous
Image Description
Image Description

Anonymous

Stealth • 3m

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,

See More
3 replies21 likes
Image Description

Aarihant Aaryan

Stealth • 9m

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.

1 replies12 likes
Image Description
Image Description

LIKHITH

 • 

Medial • 2m

■Initial Investment: ₹1.6 Crore ■Current Worth: ₹664 Crore The most successful shark tank company in history ! 🙌

11 replies5 likes
1
Anonymous

Anonymous

Stealth • 3m

Noida-based IndiaMART, which is India's largest B2B marketplace, recently announced its financial results for the first quarter ending June 30, 2024. The company reported consolidated revenue from operations of Rs 331 crore, marking a 17% increase f

See More
0 replies3 likes

Tushar Aher Patil

Stealth • 27d

Ritesh Agarwal-led hospitality giant OYO recorded a net profit of Rs 158 crore and revenue of Rs 1,578 crore in Q2 FY25, PTI reported. This marks a significant turnaround, as the company had posted a net loss of Rs 50 crore during the same period la

See More
0 replies4 likes

Download the medial app to read full posts, comements and news.