Zypp Electric

Zypp Electric is an electric-vehicle rental and last-mile delivery company founded in 2017 and headquartered in Gurugram, India. It addresses the high upfront cost and charging downtime that hold back electric two- and three-wheeler adoption among gig-economy delivery riders and small fleet operators.

Riders rent battery-swappable electric scooters and cargo three-wheelers through a network of swap stations, avoiding daily charging downtime, while the FleetEase.ai software layer tracks vehicles via IoT, schedules maintenance and manages driver onboarding for delivery platforms such as Swiggy, Zomato, Blinkit and Uber. As of 2026 the company reports more than 20,000 active riders and over 110 million deliveries completed on its fleet.

1. Rent-to-own: riders lease e-scooters or e-loaders without upfront capital, converting to ownership over time.

2. Battery swap network: fixed stations remove charging downtime for delivery riders.

3. FleetEase.ai: AI-based maintenance scheduling and real-time IoT vehicle tracking.

4. Delivery integrations: dedicated rider pools connected to partner platforms via API.

5. KYC onboarding: digital rider verification and onboarding flow.

6. In-app advertising: vehicle-mounted ad inventory sold to brands.