Akash Gupta (Zypp)
Overview
Akash Gupta is an influential Indian entrepreneur, recognized as the Co-Founder and CEO of Zypp (formerly Mobycy), a leading electric vehicle (EV) logistics organization based in Gurugram, India. Zypp Electric aims to revolutionize last-mile deliveries using eco-friendly electric scooters. Akash Gupta has been instrumental in expanding the company's reach and visibility, ensuring its significant role in India's EV and logistics sectors. With a focus on sustainability, Akash has transformed Zypp into a major player in the electric mobility space, promoting a reduction in carbon footprints and pollution through an innovative business model.
Recent Developments
- August 2025: Akash Gupta was featured as a guest speaker at GNIOT Institute of Management Studies, offering insights into Zypp's innovative strategies in the EV sector.
- May 2025: Zypp Electric announced its expansion into Southeast Asia, backed by a significant investment from ENEOS, highlighting plans to enter the Indonesian market.
- April 2025: Zypp Electric reported achieving 3x revenue growth in FY24, with a financial target to break even in the subsequent fiscal year.
- February 2024: Zypp Electric raised $15 million as part of a Series C funding round led by ENEOS, intended to expand Zypp’s fleet to 200,000 scooters.
- December 2024: Zypp completed 20.5 million emission-free deliveries, emphasizing its commitment to reducing carbon emissions through strategic partnerships with multiple quick commerce companies.
- July 2024: Akash Gupta spoke at Chitkara University, encouraging aspiring entrepreneurs to leverage innovation in sustainable mobility.
- April 2024: Zypp Electric completed a Series B funding round, raising $25 million to accelerate operations in major Indian cities and improve its EV infrastructure.
Personal Information
| Attribute | Information |
|---|---|
| Full Name | Akash Gupta |
| Born | 1984, Jaipur, India |
| Nationality | Indian |
| Occupation | Entrepreneur, CEO of Zypp Electric |
| Known For | EV logistics and technology innovations |
| Net Worth | Not publicly disclosed |
| Education | BE in Computer Science, MBA from IMT Ghaziabad |
Early Life and Education
Born in Jaipur, Akash Gupta pursued his early education at St. Xavier's School, Jaipur. His interest in technology led him to pursue a Bachelor of Engineering in Computer Science from the University of Rajasthan, followed by an MBA from the Institute of Management Technology, Ghaziabad. This combination of technical and managerial education laid the foundational expertise for his impactful career in technology-driven businesses.
Akash Gupta's exposure to diverse professional environments, including executive roles at major corporations like Airtel, Snapdeal, and MobiKwik, significantly informed his entrepreneurial endeavors. His experiences in these roles not only enhanced his strategic and operational acumen but also reinforced his passion for innovation and sustainability.
Career and Notable Achievements
- 2017: Founded Zypp Electric, India's first dockless scooter-sharing platform that transitioned to focusing on electric vehicles to solve the last-mile delivery challenge.
- 2023: Conducted significant fundraising rounds, including a $25 million Series B funding led by Gogoro, to expand operations and develop technological infrastructure.
- Advancements: Under his leadership, Zypp Electric launched successful partnerships with major companies like Zomato and Swiggy, fostering growth by integrating electric vehicles in delivery fleets.
- Awards: Recognized in BW40under40 for entrepreneurial excellence and impactful innovations in the EV sector.
Current Work and Impact
Akash Gupta continues to spearhead Zypp Electric’s expansion, focusing on scaling the business across multiple cities in India and beyond. The company has forged strategic partnerships to introduce cutting-edge technology in its fleet management, encompassing AI and IoT solutions. With ambitious goals to deploy 500,000 e-scooters by FY27, Akash Gupta has positioned Zypp as a pivotal entity in the drive towards sustainable last-mile logistics in India.
Zypp Akash Gupta Age
Akash Gupta, born in 1984, celebrated his 40th birthday in 2023. His age underscores the significant impact he has made at a relatively young age in the rapidly evolving electric mobility sector.
Akash Gupta Zypp Net Worth
While specific figures regarding Akash Gupta's net worth are not publicly available, his leadership at Zypp Electric indicates a substantial personal and organizational valuation, considering Zypp's rapid financial growth and successful fundraising endeavors.
Akash Gupta Zypp Education
Akash Gupta's academic credentials include a BE in Computer Science from the University of Rajasthan and an MBA from IMT Ghaziabad. These qualifications anchor his solid understanding of both technology and business management, essential for his role in steering Zypp Electric’s innovative trajectory.
Conclusion
Akash Gupta's journey from a software engineer to the CEO of Zypp Electric exemplifies innovation and leadership in aligning business success with sustainable practices. Through Zypp, Akash Gupta is pushing the boundaries of electric mobility, contributing significantly to India’s shift towards environmentally conscious transportation solutions. As he navigates new challenges and opportunities, his ongoing endeavors could potentially redefine the logistics landscape globally, reinforcing Zypp Electric's role as a transformational force in the EV sector.