The opinions expressed by Entrepreneur contributors are their own.
You are reading Entrepreneur India, an international franchise of Entrepreneur Media.
Last mile delivery is the most important part of the delivery process, but also the most difficult. What if we could transform it into an effortless and environmentally safe experience? Zypp Electric strives to do just that. “We are strengthening last-mile delivery in India by merging technology and electric mobility. Through the strategic integration of IoT and AI into our electric vehicles (EVs), we are making the journey cleaner and greener. We're contributing to a thoughtful delivery ecosystem.'We've seen significant efficiency gains,'' said Akash Gupta, co-founder and CEO of Zypp Electric.
The startup has developed a full-stack SaaS product that efficiently monitors the country's largest AI/ML IoT-enabled fleet through a platform that enables better decision-making for the entire EV fleet. “Real-world scenarios always challenge technology, and we always strive to address them,” adds Mr. Gupta. With an asset-light model, his fleet of over 20,000 EVs spread across Delhi-NCR and Bengaluru, and a delivery track record of over 3.5 million units per month, Start Engine significantly reduces the manufacturing process time and delivers satellites within weeks. allows you to launch. “This not only accelerates satellite launches but also reduces the overall cost of the project. By focusing on small satellite launch services, we streamline the launch process and help our customers access space faster. “The launch industry is dynamic and requires continued research and development to improve launch vehicle technology,” he said.
One of the most important challenges founders face is having the right people in-house and finding the right vendors to manufacture the materials needed for their launch vehicles. “Quality is the most important part of manufacturing and it can be difficult to identify reliable vendors who can meet our requirements. With the support of the Indian Space Research Organization (ISRO), we “We are testing our components. This collaboration has increased the quality of our products,” he explained. .
The founders have signed 35 Letters of Interest (LOI) with customers, indicating strong demand for launch services. “We are actively working with various organizations to establish relationships with small satellite providers around the world. This will expand our customer network and help satellite operators around the world launch We plan to conduct a milestone suborbital launch test in 2019.” “This is our pathway to providing commercial launch services. We will have data to confirm that we are ready for orbital launch, and the planned timeline is for orbital launch in Q3 2024.”
“We are looking forward to the launch of our first Suborbital Technology Demonstrator (SOrTeD) this year, from our own launch pad at Sriharikota, India's first private launch pad,” the CEO said. It will be done.”
Technical specifications
•Starting year: 2017
•no. Number of employees: 950+
•Revenue for FY 2022-23: Rs.
• External funding received to date – over USD 35 million
•Major clients – Zomato, Uber, Amazon, Zepto, etc.
• Developed/Patented IP: We have created several in-house technologies in geofencing, geospatial, and four other technologies based on our patent process.
