New Delhi, India – April 6th, 2026 With a vision to co-create and strengthen the EV led sustainability, Zypp Electric, India’s leading EV-based last-mile delivery and rental platform, today announced the launch of EVolve Innovation Challenge Season 3, its flagship open innovation initiative that has been shaping the future of electric mobility since 2021. Applications are now open for startups, entrepreneurs, and organizations across India ready to build the next wave of EV solutions.
Season 3 raises the stakes with a funding opportunity of up to ₹30 lakh backed by Zypp Electric and its investor network, making this one of the most lucrative EV innovation challenges in India today. Positioned as more than a competition it’s a full launchpad designed to take ideas from concept to market. Winners receive incubation support at Zypp Electric’s facilities to develop and stress-test their solutions, expert mentorship from leaders across EV, logistics, and deep tech, and direct access to venture capitalists through structured pitch opportunities all backed by official recognition and visibility across India’s EV ecosystem. Applications are open through Zypp official website zypp.app/zypp-evolve
Akash Gupta, Co-Founder & CEO, Zypp Electric said, “We have a vision to create 100 unicorns and build a truly impactful EV ecosystem. Through EVolve Season 3, we’re bringing together India’s brightest minds to co-create solutions that can accelerate EV adoption and redefine sustainability. This isn’t just a challenge, it’s our commitment to building the innovation backbone of India’s electric future.”
EVolve Season 3 welcomes innovations across EV hardware, battery technology, charging infrastructure, mobility software, financing models, and beyond, making it one of India’s most inclusive platforms for EV-focused innovation, which welcomes all incorporated ideas working towards the common vision. Flo-Mobility, TSAW Drones and NikolEV have been notable alumni startups from this launchpad and are actively solving autonomous deliveries, drone-led deliveries and charging networks across India.
About the Zypp Electric
Zypp Electric is India’s Leading EV Rental platform, founded in 2017 with a Mission of Zero emissions 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 from 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 installed at key touchpoints. Eco-friendly EV services also reduce the cost per delivery and help to make the city pollution-free. Currently, it has over 25,000+ and increasing Zypp EVs and Pilots (delivery executives) working towards this mission.
