India, 7 April 2022: With a strong focus on growth and expansion, Zypp Electric, India’s Leading EV-as-a-Service platform solving last-mile delivery today announced the elevation of Tushar Mehta as Co-founder & Chief Operating Officer (COO). This is in line with the company’s continuous commitment to sustained growth by adding to its leadership team and strategically achieving its goals of maintaining operational efficiency, with an eye on capturing a wider market in the fiscal year.
Tushar joined Zypp last year as Business head and has since then closely worked with the founding team to achieve operational excellence and business strategies. In his new role, Tushar’s core responsibilities will include scaling Zypp’s overall business and ensuring sustainable growth strategies. He will be responsible for leading Zypp in further creating solutions to solve the delivery and mobility problems in the EV space. He comes with distinguished prior experience of being part of the leadership team in the country’s acclaimed mobility & automotive companies viz. Ola Cabs and Cars24.
Speaking on Tushar’s leadership vision and accountability, Akash Gupta, Co-Founder & CEO, Zypp Electric, said “I am extremely delighted to welcome Tushar as our Co-founder and COO. We’re always looking for leaders to take Zypp to the next level. Tushar has time and again proven his leadership in business resilience and in-depth knowledge of his expertise in the sector that played an instrumental role in the growth of Zypp electric across the country. Now, as a part of the founding team, his understanding and past experience of scaling startups will further help us grow to become India’s largest EV services company with being the most profitable EV venture too.”
Zypp Electric’s EV-as-a-Service business has been buzzing in the Indian market since its inception and has given access to thousands of logistics businesses and delivery executives to go Electric. The company further plans to proliferate its revenue to 10X in the next financial year and 100X by 2025. It also plans to deploy 20K electric vehicles in 2022 and 1.5L electric vehicles by 2025 to achieve its sustainable business model in India to make it a carbon emission-free nation.
On his elevation, Tushar Mehta Co-founder and COO, Zypp Electric, said “Having been a part of the EV revolution that Zypp is driving, I am thrilled and excited to lead Zypp’s business and growth. Being the leader in EV logistics and rentals, Zypp is poised to drive its Mission Zero-Emission and make India greener by adding 1.5 lakh EVs over the next 3 years. I am looking forward to driving Zypp into this rapid expansion phase, with the aim to grow our revenue to 10X by FY23.”
In the past few months, Zypp has partnered with massive E-commerce companies across logistics, grocery, food, and pharma sectors – including Zomato, Swiggy, BigBasket, Flipkart, Amazon, Myntra, PharmEasy, Delhivery, Spencers among others- to ensure sustainable last-mile delivery for all. With the demand and supply ramping through its expansion plan, Zypp is committed to bringing an exponential change in pollution reduction with its Mission Zero Emission.