That One Idea by WaterBridge Ventures

From 50 to 20,000+ EVs - Powering India's Last Mile EV-as-a-Service ft. Akash Gupta, Co-founder & CEO of Zypp Electric | That One Idea S03 E07


Listen Later

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

Disclaimer: The information in this podcast (“Content”) is solely for educational and information purposes. The content does not reflect the views or opinions of WaterBridge Ventures and/or any of its members. The content is not intended to be legal or other expert advice or services and should not be used in place of consultation with appropriate professionals. The content shall not be reproduced, distributed, shared, or relied upon in any manner whatsoever, in whole or part, without prior written permission of WaterBridge Ventures. In no event shall WaterBridge Ventures and/or any of its members be liable for any liability, loss, injury or risk which is incurred or suffered as a direct or indirect result of the use of the contents.

...more
View all episodesView all episodes
Download on the App Store

That One Idea by WaterBridge VenturesBy WaterBridge Ventures