Zyngo EV

Zyngo EV

India's largest EV logistics platform for efficient and eco-friendly last-mile e-commerce deliveries. Learn more

Launch date
Employees
Market cap
-
Enterprise valuation
€18—27m (Dealroom.co estimates May 2023.)
Gurugram Haryana (HQ)
  • Edit
DateInvestorsAmountRound
*

$5.0m

Early VC
Total Funding€4.5m

Recent News about Zyngo EV

Edit
More about Zyngo EVinfo icon
Edit

Zyngo EV Mobility Pvt. Ltd. is a pioneering company in the electric vehicle (EV) logistics sector, specifically targeting the e-commerce industry in India. The company provides a comprehensive solution for last-mile delivery using a fleet of electric vehicles, which helps reduce carbon emissions and promotes sustainable practices. Zyngo serves a diverse clientele, including individual consumers and corporate clients, who are looking to minimize their environmental impact while ensuring efficient delivery services. Operating in the rapidly growing EV market, Zyngo's business model revolves around deploying a large number of EVs for hyperlocal deliveries, with a target of 20,000 vehicles by 2024. The company generates revenue through various streams, including delivery fees, fleet management services, and infrastructure support for parking, charging, and maintenance of EVs. Zyngo's unique value proposition lies in its ability to offer a one-stop solution for green mobility, making it a trusted partner for businesses and investors alike.

Keywords: EV logistics, last-mile delivery, e-commerce, green mobility, carbon footprint, fleet management, hyperlocal operations, sustainable practices, electric vehicles, India.