Zypp Electric has announced the addition of four seasoned professionals in the sector to its executive team. These calculated hirings are Zypp’s dedication to grow quickly and innovate in the Indian electric vehicle (EV) market.
As the Senior Vice President (SVP) of E2W Operations, Ricky Singh joins Zypp Electric and brings a lot of expertise leading business expansion strategies. Ricky, having held prominent positions at Olx Autos, Healthkart, and Snapdeal, is well-positioned to spearhead Zypp’s aspirational expansion plans inside the 2W market. His demonstrated ability to increase business growth by five to ten times is a perfect fit for Zypp’s goal of growing the company by four times this year.
Rahul Yadav has joined Zypp Electric as Vice President (VP) of Technology. In this capacity, he will oversee product and technology projects aimed at advancing Zypp’s electric vehicle (EV) revolution. Rahul has an impressive past working for companies such as Times Internet Limited, Airtel, and Radio Mirchi. He has a lot of expertise converting business needs into cutting-edge software solutions. His goal of quadrupling Zypp’s growth this year demonstrates his dedication to promoting technological innovation that improves the user experience.
Sudhir Sharma joins Zypp Electric as Senior Vice President (SVP) Finance. He brings with him a track record of accomplishment in a variety of industries, including logistics, wellness, and software as a service. Sudhir will be in charge of Zypp’s finance and investor relations and has experience in fundraising, cash flow management, strategic planning, and stakeholder management. His emphasis on establishing sound financial and operational procedures is in line with Zypp’s goal of turning a profit this year while fostering long-term expansion and prosperity.
As Vice President of E3W Operations, Sudipto Shome, an expert in expanding 3W and 4W logistics operations across the country, joins Zypp Electric. Sudipto has a strong academic background from NIT and XLRI Jamshedpur and has a plethora of expertise from his work at CarDekho (Girnarsoft) and Manipal Group. His ability to build companies profitably and strike a careful balance between quality and cost will be crucial to Zypp’s operational profitability and expansion in the wheeler market.
“The addition of Ricky, Rahul, Sudhir and Sudipto to our leadership team marks an exciting chapter in Zypp Electric’s journey,” said Akash Gupta, Co-Founder & CEO of Zypp Electric. “Their extensive experience and proven track record in their respective domains will significantly contribute to our mission of revolutionizing lastmile 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.”
Ricky, Rahul, Sudhir, and Sudipto’s combined experience and leadership skills will be crucial in guiding Zypp Electric toward accomplishing its goals and securing its place as a leader in the electric mobility industry said its official release.
Recently, Zypp Electric declared a 3X increase in revenue for FY24. Since the company has turned a profit, its sales has increased from INR 115 CR in FY23 to INR 325 CR in FY24. The company has also declared that it will begin operations in Mumbai and Hyderabad, respectively.