New AI can write anything you want

Indian startup Zypp Electric plans to use fresh investment from Japanese oil and energy conglomerate ENEOS to expand its EV rental service to Southeast Asia early next year, TechCrunch has exclusively learned.

The latest funding, which amounted to $15 million, will be used to fund the expansion. Zypp Electric is a leading provider of electric scooters and bikes in India. The company has a fleet of over 10,000 vehicles and operates in over 10 cities in India.

Southeast Asia is a rapidly growing market for electric vehicles, and Zypp Electric is well-positioned to capitalize on this growth. The company's expansion plans are a positive sign for the Indian EV industry. Indian startup Zypp Electric plans to use fresh investment from Japanese oil and energy conglomerate ENEOS to expand its EV rental service to 15 markets over the next two years, including at least one Southeast Asian market early next year.

The latest funding, which amounted to $15 million, is part of Zypp Electric's Series C round, which is expected to close in six to eight weeks and raise between $35 million to $40 million. Zypp Electric is a leading provider of electric scooters and bikes in India. The company has a fleet of over 10,000 vehicles and operates in over 10 cities in India.

Southeast Asia is a rapidly growing market for electric vehicles, and Zypp Electric is well-positioned to capitalize on this growth. The company's expansion plans are a positive sign for the Indian EV industry.

ndonesia, Thailand, and the Philippines are potential markets for Zypp Electric's EV rental service, according to co-founder and CEO Akash Gupta. All three countries are two-wheeler-centric and handle a lot of deliveries, which makes them ideal markets for Zypp Electric's services. Indonesia will be the first market in Southeast Asia that Zypp Electric will launch in. The company is currently in discussions with several players in the region to finalize its launch plans.

Zypp Electric is a leading provider of electric scooters and bikes in India. The company has a fleet of over 10,000 vehicles and operates in over 10 cities in India. Southeast Asia is a rapidly growing market for electric vehicles, and Zypp Electric is well-positioned to capitalize on this growth. The company's expansion plans are a positive sign for the Indian EV industry.

Zypp Electric, a Gurugram-based startup, offers an EV-as-a-service platform that caters to e-commerce companies and gig workers. The platform includes an app and accompanying software that provides data and analytics for fleet and delivery management, as well as a fleet of electric two-wheelers. Zypp Electric currently operates in major Indian cities Delhi, Bengaluru, Mumbai, and Hyderabad. The company plans to expand to 15 markets over the next two years, including at least one Southeast Asian market early next year.

Zypp Electric's platform is designed to help businesses reduce their carbon footprint and operating costs. The company's electric two-wheelers are more efficient and cheaper to operate than traditional gasoline-powered vehicles. The platform also provides businesses with data and analytics that can help them optimize their fleet and delivery operations.

Zypp Electric is a leading provider of electric scooters and bikes in India. The company has a fleet of over 10,000 vehicles and operates in over 10 cities in India. Southeast Asia is a rapidly growing market for electric vehicles, and Zypp Electric is well-positioned to capitalize on this growth. The company's expansion plans are a positive sign for the Indian EV industry.

Indian EV startup Zypp Electric has secured fresh investment from Japanese oil and energy conglomerate ENEOS to fund its expansion to Southeast Asia. The company plans to use the investment to launch its EV rental service in at least one Southeast Asian market early next year. Zypp Electric aims to be in 15 markets over the next two years.

Zypp Electric is a leading provider of electric scooters and bikes in India. The company has a fleet of over 10,000 vehicles and operates in over 10 cities in India. Southeast Asia is a rapidly growing market for electric vehicles, and Zypp Electric is well-positioned to capitalize on this growth. The company's expansion plans are a positive sign for the Indian EV industry.

Zypp Electric plans to grow its fleet of 22,000 electric two-wheelers to 50,000 over the next year. The company wants to expand further to a fleet of 200,000 electric two-wheelers over the next two and a half years. Zypp Electric is a leading provider of electric scooters and bikes in India. The company has a fleet of over 10,000 vehicles and operates in over 10 cities in India.

The company's expansion plans are a positive sign for the Indian EV industry. The growing demand for electric vehicles in India is creating opportunities for companies like Zypp Electric to grow and succeed. Zypp Electric's plans to expand its fleet and enter new markets are also a positive sign for the company's investors. The company's recent Series B funding round, which was led by Taiwan's battery-swapping company Gogoro, shows that investors are confident in Zypp Electric's growth potential.