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Zypp Electric Strengthens Leadership Team With 4 New Appointments

Zypp Electric, one of India’s leading tech-enabled EV-as-a-service platform has announced the appointment of four industry veterans to its leadership team. These strategic hires underscore Zypp’s commitment to accelerating growth and innovation as it aims to disrupt the electric vehicle (EV) landscape across the nation.

Ricky Singh joins Zypp Electric as the Senior Vice President (SVP) of E2W Operations, bringing with him a wealth of experience in spearheading business expansion strategies. He has worked with companies such as Olx Autos, Healthkart, and Snapdeal, and is poised to lead Zypp’s ambitious growth initiatives in the two-wheeler business segment.

The company says Singh has a proven expertise in driving business growth by 5-10x aligns seamlessly with its vision of achieving fourfold growth within the current year.

Rahul Yadav assumes the role of Vice President (VP) of Technology at Zypp Electric, where he will lead product and technology initiatives to advance its EV business. He has worked with Radio Mirchi, Airtel, and Times Internet, in the past and brings a wealth of experience in translating business requirements into innovative tech products. His vision to quadruple Zypp’s growth within the current year underscores his commitment to driving technological innovation that enhances the customer experience.

Sudhir Sharma steps into the role of Senior Vice President (SVP) Finance at Zypp Electric. He has a demonstrated history of success across diverse industries such as SaaS, Logistics, and Wellness. With expertise in fundraising, cash flow management, strategic planning, and stakeholder management, he will lead Finance and Investor relations at Zypp. His focus on setting the right processes and finances aligns with Zypp’s vision of achieving profitability within the current year, driving sustainable growth and financial success.

Sudipto Shome joins Zypp Electric as the VP of E3W Operations, specialising in scaling three-wheeler and four-wheeler logistics operations nationwide. He has a distinguished academic background from NIT and XLRI Jamshedpur, Shome brings a wealth of experience from his tenure at Manipal Group and CarDekho (Girnarsoft). His expertise in scaling businesses profitably and maintaining a delicate balance between quality and cost will be instrumental in driving Zypp’s operational growth in the wheeler segment and operational profitability.

Akash Gupta, Co-Founder & CEO, Zypp Electric said, “The addition of Ricky, Rahul, Sudhir and Sudipto to our leadership team marks an exciting chapter in Zypp Electric’s journey. Their extensive experience and proven track record in their respective domains will significantly contribute to our mission of revolutionising last-mile logistics and driving sustainable growth. We are thrilled to welcome them aboard and look forward to their invaluable contributions as we continue to cement our position as a frontrunner in the electric mobility space.”

Zypp Electric recently announced a 3X revenue growth in FY24. The revenue has jumped from Rs 115 crore in FY23 to Rs 325 crore in FY24 as the company has become operationally profitable. The company has also announced the launch of its operations in Hyderabad and Mumbai respectively.