Zypp Electric, India’s largest EV-as-a-service startup, today announced the expansion of its leadership team with the appointment of Amit Goyal as Director of Engineering and Ketan Ray as Vice President Business Head. The new hirings will take forward Zypp’s mission of building a robust ecosystem of electric vehicles that helps businesses as well as gig workers.

Zypp Electric Appoints Vice President Business Head and Director of Engineering- Ketan Ray & Amit Goyal
F-B — Amit & Ketan

In his new role, Amit will be responsible for Designing the structure of technology systems and managing the implementation of technology projects at Zypp. He will be working with industry leaders to plan the future IT requirements of the organisation and carrying out the testing procedures to satisfy quality standards and procedures.

Ketan will oversee portfolio expansion of Zypp from current mainly two-wheelers to three-wheelers & more to cater to the variety of customer use cases.

Commenting on the new appointments, Rashi Agarwal, Co-founder and CBO, Zypp Electric, shared, “The EV logistics sector is set to disrupt the industry remarkably with electric vehicles and their usage going mainstream. As the leader in electric logistics, Zypp plans to capture a lion’s share of the market offering trouble free service and cutting-edge technology that is attainable. As we lay the groundwork for Zypp's future, we are pleased to bring Amit and Ketan to our fold. They bring in decades of sector expertise in their respective professions and we are happy to have them on board as Zypp Electric looks to the future.”

Amit Goyal, a certified Scrum master and Java 8 expert, brings 17 years of knowledge and experience in the IT sector. He also co-founded a US based food tech startup, FoodEspa and formerly worked as an Architect in Ericsson.

Upon joining Zypp Electric, Amit Goyal, Director of Engineering, Zypp Electric, said, "I see Zypp Electric continuing to play a critical role as an industry catalyst in everything last-mile logistics. I intend to contribute to the process by making it more efficient through the use of technology. Being a member of the Zypp team, my role will be to guarantee that servicing and technology work in tandem to support Zypp Electric's expansion into the ecosystem."

Ketan Ray has a remarkable 14-years career in business operations, consulting, and engineering, as well as entrepreneurial expertise in Food Tech and Cloud Kitchen. Ketan formerly worked as a Director of Operations at Euler Motors, where he oversaw the expansion of EV mobility services across four major Indian cities, generating threefold revenue growth.

Ketan Ray, VP Business Head, Zypp Electric said, "In the last few years, Zypp Electric has partnered with big names in the industry and boarded the best OEMs and technology providers. My goal is to make Zypp become the largest and most preferred EV mobility partner for last-mile logistics to all ecommerce and CPG behemoths with highest roadshare in all tier-1 and tier 2 cities.”

Zypp Electric has raised $12.5 million so far from investors like 9Unicorns, Anthill Ventures, Riso Capital Fund, LetsVenture, Nanavati Family Office, We Founder Circle, Dholakia Ventures, Venture Catalysts, and IAN Fund, amongst others. The Gurgaon-based startup has partnered with 50+ eCommerce and food/grocery/medicine delivery platforms and is looking to expand to 20 cities in India by the end of FY-25.


Zypp Electric is India’s Leading Tech-Enabled EV-as-a-Service platform, founded in 2017 with a Mission Zero-Emission and to make India carbon-free by using an ecosystem of Electric Vehicles and EV-based technology to make last-mile logistics sustainable and emission-free. Zypp Electric's business model is to make carbon-free last-mile delivery for local merchants to e-commerce giants to delivery executives and thereby reduce delivery cost and pollution on an asset-light model. The company currently delivers groceries, medicines, food, and e-commerce packages from point A to point B through their fully automated IoT and AI-enabled scooters which are low on maintenance and

high on performance. The technology tracks batteries that can be replaced at Zypp swapping stations which are installed at key touchpoints. Eco-friendly EV services also reduce the cost per delivery and help to make the city pollution-free.

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