Zypp Electric Deploys 500 EVs under EV Franchise (FOCO) Model

New Delhi, 23rd September 2025: Zypp Electric, India’s leading tech-enabled EV rental platform, has deployed 500 electric scooters worth ₹2.5 Crore under its Franchise Owned Company Operated (FOCO) model since July 2025.

The model allows individuals, family offices, HNIs, and institutional investors to own Zypp-approved EVs, deployed with enterprise clients including Zomato, Zepto, Swiggy, BBNow, Rapido, Amazon, Blinkit, and more. Starting at ₹4.5 lakh for 10 scooters, investors can scale to 100+ scooters with an assured ROI of 59%-100% and monthly payouts over 36 months.

Zypp manages operations, rider allocation, IoT tracking, maintenance, and insurance, while scooters remain registered in the investor’s name, offering asset-backed security.

Akash Gupta, Co-Founder & CEO of Zypp Electric, said, “Zypp has deployed more than 20k EVs, but wants to go for 200k now, which is 10x growth in the next 3 years. With the franchise model, we are not just offering a strong ROI opportunity with assured returns, but also enabling individuals and institutions to become active contributors in India’s Green EV revolution. Every scooter invested in replaces a petrol two-wheeler, directly reducing carbon emissions and accelerating our mission of building zero-emission cities. This is a unique chance for investors to earn assured returns while creating a measurable sustainability impact with the most trusted & largest EV Rental player of India.”

Zypp plans to expand in cities like Jaipur, Chandigarh, Hyderabad, Pune, Lucknow, Surat, Chennai, and Kolkata. Backed by ₹400+ crore in capital from international investors like ENEOS, Gogoro, and Indian funds including IAN Fund and Venture Catalysts, Zypp has empowered over 2 lakh gig workers, offering average monthly payouts of ₹30,000–35,000, with some earning up to ₹1 lakh.