In this episode, we have Anjali Sosale, Partner at WaterBridge Ventures, chatting with Akash Gupta, co-founder & CEO of Zypp Electric.
In this episode, we have Anjali Sosale, Partner at WaterBridge Ventures, chatting with Akash Gupta, co-founder and CEO of Zypp Electric.
Zypp Electric is India’s leading tech-enabled EV-as-a-service platform, making last-mile delivery and logistics in India sustainable and emission-free. The company currently counts leading consumer internet companies such as Amazon, BigBasket, Zepto, among its clientele. Today, Zypp has deployed 20K+ EVs and Pilots (delivery executives), saving 31K tonnes of CO2 and avoiding greenhouse gas emissions equivalent to planting 1.5 million trees. Zypp has also grabbed the #1 position amongst high growth companies in APAC, ranked by Financial Times and Statista.
An alumnus of IMT Ghaziabad, Akash founded Zypp in 2018. Prior to that, Akash was a vice President at MobiKwik, and led acquisitions and alliances at Snapdeal. Before Snapdeal, Akash led the 4G launch and nationwide acquisitions for 4G at Airtel. He is a Business World 40 under 40, an angel investor and a TEDx speaker.
Key Moments in the episode:
(00:00): Welcoming Akash Gupta, co-founder & CEO of Zypp Electric to S03 E07 of That One Idea podcast
(00:27): Writing down a 100 things that Akash wanted from life
(02:01): Finding a co-founder in his wife, Rashi
(06:43): Winning over inexperience in EVs through ambition and hard work
(09:38): Condensing learnings from Airtel, Snapdeal and MobiKwik into T.R.I.B.E.
(14:13): Emerging out of Covid with a fleet of 18,000 EVs
(17:08): Powering last-mile delivery for Swiggy, Zepto & more with 20,000 gig-economy workers
(23:27): Navigating investor expectations from seed to Series B
(27:34): Hiring playbook of Zypp
(32:30): Public policy driving EV adoption
(34:38): Staying asset-light in a Capex heavy industry
(36:10): Emphasis on safety of the drivers
(38:35): India's push for a 100% green last mile delivery
(40:10): Marching towards a $150M ARR and 60,000 fleet size
Relevant Links:
WaterBridge Ventures: https://www.waterbridge.vc/
Zypp Electric: https://zypp.app/
Linkedin Profiles:
Akash Gupta: https://www.linkedin.com/in/akashg/
Anjali Sosale: https://www.linkedin.com/in/pinkamma/
WaterBridge Ventures: www.linkedin.com/company/waterbridgeventures
You can also listen to this podcast on
Youtube: https://youtu.be/DfoipQMvKgs
Spotify: https://rb.gy/mivm8w
Apple Podcast: https://rb.gy/s61pt4