Zomato and Zypp Electric Associates for 1 Lakh e-Scooters Deployment for Last-Mile Deliveries

Zypp Electric, India’s largest tech-enabled EV-as-a-service platform has announced its association with Zomato for deploying 1 lakh e-scooters by 2024. As part of the association, Zypp will also provide delivery partners to Zomatofor the last-mile deliveries in various cities in India.

Zypp Electric has made significant strides in sustainable transportation by deploying over 13,000 electric vehicles on the roads. Zypp aims to significantly reduce carbon emissions by up to 35 Million+ kg and targets to achieve more than 1 Crore deliveries through its electric vehicles by 2024. This association is a part of a larger plan of Zomato to go completely electric by 2030 as part of its commitment to “The Climate Group’s EV100” initiative. With over 50 major clients, Zypp is transforming the delivery and ride-sharing industry with their sustainable and efficient tech enabled EV solutions.

Commenting about the association, Mohit Sardana, COO, Food Delivery at Zomato said, "We are excited to associate with Zypp Electric to take another step towards our goal of going completely electric by 2030. This association will enable us to significantly reduce carbon emissions and bring more sustainable last-mile delivery options to our customers. We look forward to working together to create more efficient and environment friendly deliveries."

Commenting on the partnership, Tushar Mehta, COO & Co-founder, Zypp Electric said, "The association between Zypp and Zomato represents an enormous opportunity to revolutionise the food ordering and delivery industry and transform the way food is delivered. Food delivery is all on 2-wheelers and is mostly running on petrol and at the same time wanting to shift to EVs to save costs. By leveraging our EV Fleet Management technology and innovative partner solutions, we aim to create a more efficient, sustainable, and customer-centric delivery experience that will set a new standard in the industry. Through this association, we aim to drive growth and expansion into multiple markets. Our approach will empower gig workers and provide them with exciting earning opportunities, while also ensuring environmentally responsible and socially conscious operations for customers like Zomato."

Zypp is currently serving Zomato, Swiggy, BigBasket, Amazon, Flipkart, Zepto, Blinkit, and many more with EV solutions as well as delivery partners. Their Internet of Things enabled electric scooters are perfect for last-mile logistics, offering in-house build fleet management technology and features to drive utilisation. Its commitment to sustainability has resulted in a positive impact on the environment, as they strive to create a cleaner, greener future for all.

ABOUT ZYPP ELECTRIC:

Zypp Electric is India’s Leading Tech-Enabled EV-as-a-Service platform, founded in 2017 with a Mission Zero-Emission and to make India carbon-free by using an ecosystem of Electric Vehicles and EV-based technology to make last-mile logistics sustainable and emission-free. Zypp Electric's business model is to make carbon-free last-mile delivery for local merchants to e-commerce giants to delivery executives and thereby reduce delivery cost and pollution on an asset-light model. The company currently delivers groceries, medicines, food, and e-commerce packages from point A to point B through their fully automated IoT and AI-enabled scooters which are low on maintenance and high on performance. The technology tracks batteries that can be replaced at Zypp swapping stations which are installed at key touchpoints. Eco-friendly EV services also reduce the cost per delivery and help to make the city pollution-free.

VTRO Launches ‘EV Ecosystem Incubator’ - India’s 1st Ever AI based SaaS Solutions for the EV Sector

VTRO Motors is bringing about a major disruption in the EV sector with the launch of ‘EV ecosystem incubator’, their pioneering AI based SaaS solutions, designed with suitable customization for both battery makers and EV vehicle manufactures. This AI based SaaS offering is the first of its kind to be developed in India and will help the EV sector to monitor battery consumption, battery life cycle, consumer usage patterns etc. and similar data points for EV vehicles, which will help manufacturers to improve customization, lower costs and become better connected to consumers.

In addition to the software solutions, VTRO also has the scalable charging station infrastructure hardware solutions, which makes a complete implementable EV ecosystem package for any EV player to use. The entire offering will be rolled out in three phases over the next three – four months.

Speaking on this, Mr. Pranit Parekar Co-founder & CTO, VTRO Motors Pvt ltd said, “When we developed the software solutions and the charging station infrastructure scalable model, we realized that it would be capital intensive and over strenuous for us to implement it all by ourselves. Secondly, the entire innovative solutions would remain only within our network and not benefit the community at large. So, we decided to pivot our strategy and add a layer of customization to the SaaS offering so that we can collaborate with other EV players in the market in order to build a more efficient, sustainable and economical EV ecosystem. Today we do not have any holistic market intelligence or real time reports on the usage and performance of EVs or batteries or intuitive tracker for consumer preference and needs. We hope our AI solutions will help bridge this gap of market insight in order to enhance the demand-supply chain. We plan to roll out the EV solutions program in three phases – first being an AI SaaS solution for EV batteries, followed by the solutions for EV vehicles and lastly the charging station hardware support."

VTRO has developed a universal external AI enabled IoT module which can be fitted to any EV battery available in the market. This IoT module has a preset index of 15+ battery parameters to monitor and the company can customize as per their choice of parameters. The real time monitoring data will provide the battery manufacturers critical insights on the battery lifecycle, discharging pattern, consumer user pattern, etc. which will help in upgrading the batteries to suit the demand and needs of the consumer. 

This data will also help plot the overall performance and scope of innovation in EV batteries. This IoT module will predict the thermal runaway with Unique cell level tracking technology, which will help the industry to avoid fire incidents in future. As the number of batteries increases on machine learning platforms the data will give much more accurate predictions.

The next step of the rollout will be to modify the IoT module to track EV vehicle performance, allowing manufacturers to track real time insights on the durability and adaptability of EV vehicles on different terrains, the consumer usage pattern and possible modifications that can enhance the user experience. Phase three will be launching the charging & Swapping station hardware support which can be customized to the manufacturer’s requirement. VTRO plans to launch all the three phases over the next three – four months. 

The EV sector in India is currently valued at $4B and expected to go to $20B over the next 5 years. The domestic EV batteries segment is valued at $1.5B and will hit $8B in the next 5 years. SaaS solutions will help in improving the overall EV sector and mobilizing the next phase of growth drivers for this burgeoning sector, especially its foray into the non-metros and Tier 3 – 4 markets.

VTRO was incorporated in the year 2020, with the vision to shape the future of mobility riding on disruptive technology and offering disruptive end-user benefits and services.

VTRO is building an ecosystem to support the growing adoption of EVs rather than merely selling few EV products. The idea is to create a charging station infrastructure, which will enable owners of EVs to recharge / swap batteries while on the go. The infra will include charging equipment, power supply infrastructure, mobile app, and the software to manage and monitor the charging process. The setting up of EV charging station infrastructure is crucial for the widespread adoption of electric vehicles and the growth of the electric mobility industry.

India's 1st Vertically Integrated EV-as-a-Service Platform Fyn Appoints Ex-VP of Unacademy, Niroop Janardhanan as Chief Business Officer

• Niroop has worked with Unacademy as a VP, before joining Fyn Mobility
• Started his corporate career at Hindustan Coca-Cola Beverages, having a very successful decade long stint across functions and geographies
• Has played an instrumental role in launching Ola Cabs in UK and scaling the S&D business at Ninjacart
• Niroop is a seasoned leader with rich experience in FMCG, Mobility, Agritech and Edtech industries across Growth & Supply Chain verticals.
• At Fyn, he aims to drive customer centric partnerships with over 5000 vehicles on ground in the next 1 year and make Fyn the first choice of EV solutions for the last mile logistics across tier 1 and tier 2 cities

Fyn Mobility, India’s 1st vertically integrated EV-as-a-Service platform for last-mile logistics founded by Visakh Sasikumar at IIT Madras has announced the appointment of Niroop Janardhannan as the Chief Business Officer, who comes with close to two decades of experience as an accomplished business leader across sectors like FMCG, Mobility, Agritech and Edtech industries.

 

(L-R) - Visakh Sasikumar, CEO & Founder, Fyn Mobility & Niroop Janardhanan, CBO, Fyn Mobility

Prior to joining Fyn Mobility as a Chief Business Officer, Niroop has worked with Unacademy as a VP where he was responsible for helping the company venture into the offline test prep market by efficiently driving growth plans and rapid expansion. Niroop has also served in various other leadership roles throughout his career, including launching Olacabs in the UK and scaling the S&D business at Ninjacart. More recently, Niroop Co-founded an automotive service & spares platform before moving on to lead growth for Unacademy for their offline channel. He started his corporate career at Hindustan Coca-Cola Beverages, where he spent a decade across functions and geographies.

Commenting on Niroop’s appointment, Visakh Sasikumar, CEO & Founder, Fyn Mobility, says, “Fyn’s philosophy is to redefine EV-as-a-service ecosystem with the industry first EV ecosystem platform. We are progressing towards becoming India’s largest tech based EV as a service company with a laser sharp focus on automated cross utilisation of our EV fleets. With Niroop joining as a CBO, we are confident that he will drive our business with profitability and expand to multiple cities in the coming financial year. He has always been part of high growth stories in his previous stints at COKE, OLA, Ninjacart and Unacademy. Here at Fyn we are all set for an exponential growth as he joins our high energy team. ”

Niroop holds an MBA from IIM Kozhikode and a Mechanical Engineering degree from VTU and has a deep understanding of the B2C, B2B and B2B2C segment leading several 0 to 1 and 1 to 100 projects.

At Fyn, Niroop aims to drive customer centric partnerships with over 5000 vehicles on ground in the next 1 year and make Fyn the first choice of EV solutions for the last mile logistics across tier 1 and tier 2 cities. With his core expertise in expansion, building along with scaling across functional teams and driving profitability, Niroop will assist Fyn to reach their vision to be the largest EV as a service ecosystem platform in India.

Commenting on his appointment, Niroop Janardhanan, Chief Business Officer, Fyn Mobility, says, “My primary focus will be to build processes and automate our systems, building a strong customer centric foundation for scaling up in our existing operations and expansion to more cities delivering an 8-10X growth on our top line in the next 1 year. For the rapidly growing last mile mobility coupled with the EV space, it is extremely important to collaborate seamlessly and efficiently with suppliers, partners and customers in real time and it really excites me that Fyn mobility is leading the pack with our platform development. The platform will have all the stakeholders on it, driving digital automated collaboration to disrupt the ecosystem towards higher asset utilisation, which will be the game changer in the industry. With our past EV building background, Fyn is best placed to leverage this technology and will have an edge over competitors. My efforts will also be around refining our business model to drive profitability such that our cost structures around operations remain nearly flat while we can scale-up.”

Fyn is currently present in Bengaluru, Hyderabad and Chennai and plans to expand to Mumbai and Delhi soon. Fyn mobility Provides B2B Last-mile deliveries through EV fleets for E-commerce, Quick-commerce, Medical commerce, F&B Deliveries and EV fleets for Delivery giants. It also provides B2B EV commute to organisations, co-working spaces, Offices for their employee and staffs last-mile connectivity.

Fyn has raised $2.76 M in till date and is backed by large early stage investors like Keiretsu forum, Inflection Point Ventures and Salarpuria Sattva Group. The EV as a Service Platform looks forward to expanding its fleet to 1,250 EVs by reaching more last mile-delivery clients. The company also aims to set up charging infra/stations with their partners and is looking to raise Series A by the end of the year.

More About Fyn:

Fyn offers end-to-end last and mid-mile deliveries through sustainable EV solutions along with data-driven insights, to augment productivity in last-mile logistics and transportation space. Their smart, green, and affordable EVs fleets with rangers are revolutionising transport and customer deliveries in e-commerce, retail, and small and medium businesses and large corporate and tech parks.

Founded by Visakh Sasikumar at IIT Madras in 2013, the start-up has pivoted to building India’s leading EV ecosystem technology platform with in-depth EV expertise, gained by selling more than 1,000 EVs in the B2B market. With Fyn’s experience of building EVs and deploying vehicles to assist various fleets, they are uniquely positioned with deep-EV know-how, expertise in product design along with their own EV ecosystem platform that will help with understanding each step involved in the EV Logistics ecosystem.