IPO-Bound Zypp Electric Slashes FY26 Loss By 45% YoY To Rs.60 Cr
India, Aug. 15 -- EV logistics startup Zypp Electric's parent Bycyshare Technologies managed to trim its consolidated net loss to Rs.59.7 Cr in the fiscal year 2025-26 (FY26), down 44.4% from Rs.107.5 Cr in the year-ago fiscal.
As per its regulatory filings with the ministry of corporate affairs (MCA), the EV logistics platform also saw a 5.2% jump in its operating revenue to Rs.461 Cr in the fiscal under review from Rs.438.1 Cr in FY25.
Including other income of Rs.14.6 Cr, Zypp Electric's total revenue for FY26 stood at Rs.475.6 Cr.
Founded in 2017 by Akash Gupta and Rashi Agarwal, and later joined by Tushar Mehta, Zypp Electric provides EV-based mobility solutions for gig workers. The startup primarily generates revenue through last...
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