{"id":491003,"date":"2024-12-17T18:36:31","date_gmt":"2024-12-17T13:06:31","guid":{"rendered":"https:\/\/inc42.com\/?p=491003"},"modified":"2024-12-17T18:36:31","modified_gmt":"2024-12-17T13:06:31","slug":"zypp-electric-ropes-in-former-softbank-india-head-as-senior-advisor","status":"publish","type":"post","link":"https:\/\/inc42.com\/buzz\/zypp-electric-ropes-in-former-softbank-india-head-as-senior-advisor\/","title":{"rendered":"Zypp Electric Ropes In Former SoftBank India Head As Senior Advisor"},"content":{"rendered":"<p><span style=\"font-weight: 400;\">EV two-wheeler startup Zypp Electric has appointed former SoftBank India head and Bharti Airtel veteran Manoj Kohli as its senior advisor, a move aimed at strengthening the company\u2019s leadership team and accelerate initial public offering (IPO) plan.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Kohli, who brings over 45 years of experience across telecom, renewable energy, EVs and AI-led digital technology sectors, will focus on empowering the leadership team and creating a framework for business success as the company eyes public listing.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Kohli said, &#8220;My focus as an advisor will be on empowering the leadership team to achieve their ambitious goals while fostering a culture of excellence and integrity.&#8221;<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Zypp Electric CEO Akash Gupta said, &#8220;His extensive experience developing global firms, combined with his enthusiasm for achieving sustainable breakthroughs, will be beneficial as we plan our expansion path.&#8221;<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Prior to joining Zypp, Kohli served as the country head of SoftBank India, where he supported investments worth $15 billion across 25 AI-focused portfolio companies. As managing director and CEO of Bharti Airtel, he led the company&#8217;s expansion to 20 countries across Asia and Africa, growing its customer base to over 400 Mn.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Kohli is on several prestigious boards and advisory councils, including as an advisor on the National Startup Council under the Ministry of Commerce and Industry, and as Chairperson at Masters&#8217; Union.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Founded in 2017 by Gupta and Rashi Agarwal, Zypp Electric&#8217;s <\/span><a href=\"https:\/\/inc42.com\/buzz\/zypp-electrics-revenue-zooms-2-7x-nears-inr-300-cr-mark\/\"><span style=\"font-weight: 400;\">revenue surged 168%<\/span><\/a><span style=\"font-weight: 400;\"> to INR 292.7 Cr in FY24, though its net loss widened to INR 91.1 Cr. The startup has completed over 20.5 Mn emission-free deliveries for quick commerce, with total deliveries reaching 78 Mn across all categories.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The company currently operates a fleet of over 22,000 EVs and partners with major platforms including Swiggy, Zomato, BigBasket, and others for last-mile logistics. It has raised approximately $75 Mn to date from investors including Gogoro, Venture Catalysts, and IAN, with its most <\/span><a href=\"https:\/\/inc42.com\/buzz\/zypp-electric-bags-14-mn-from-energy-giant-eneos\/#\"><span style=\"font-weight: 400;\">recent funding of $14 Mn<\/span><\/a><span style=\"font-weight: 400;\"> coming from Japanese energy giant ENEOS.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>EV two-wheeler startup Zypp Electric has appointed former SoftBank India head and Bharti Airtel veteran Manoj Kohli as its senior&hellip;<\/p>\n","protected":false},"author":90102,"featured_media":491004,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"title":"Zypp Electric Ropes In Former SoftBank India Head As Senior 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