IPO-Bound Zypp Electric Slashes FY26 Loss By 45% YoY To ₹60 Cr
EV logistics startup Zypp Electric’s parent Bycyshare Technologies managed to trim its consolidated net loss to ₹59.7 Cr in the…
EV logistics startup Zypp Electric, founded in 2017 by Akash Gupta and Rashi Agarwal, has managed to reduce its consolidated net loss by 44.4% for the fiscal year 2025-26 (FY26) to ₹60 Cr. The startup, which provides EV-based mobility solutions for gig workers, reported a 5.2% increase in its operating revenue to ₹461 Cr in FY26, compared to ₹438.1 Cr in the previous fiscal year (FY25). Including other income of ₹14.6 Cr, Zypp Electric's total revenue for FY26 stood at ₹475.6 Cr.
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