India's leading tech-enabled EV-as-a-service-platform, Zypp recently announced the launch of the fleet management tool, ZyppX. By combining EV assets, processes, and people in various parts of India, ZyppX aids in digitising operations in the EV sector.
The tool, based on SaaS platform enables fleet operators from tier 2 and tier 3 markets to get an option for the Zypp franchise model to launch in their towns or cities.
Fleet aggregators, logistics companies, and rising entrepreneurs can utilize ZyppX to manage their operations, leverage advanced AI, IoT and machine learning technologies. This aids in making informed decisions on purchasing the right EV, rider onboarding and deboarding, battery swapping, ticketing, rider profiling, data analysis, battery life cycle management.
The Zypp franchise launch plan starts with a proposition of investment of Rs 42 lacs and assures an ROI of 209 per cent and XIRR of 68 per cent for its first ten franchise partners. The 42 lacs investment enables the franchise partners to start with selling forty scooters in their markets which will pay back within twenty months. In three years of operations, the investment will lead to overall returns of Rs 88 lacs.
ZyppX addresses the growing demand of fleet management solution. It enables fleet aggregators, middle-mile companies, last-mile companies and aspiring entrepreneurs looking forward to leverage the business opportunities in the EV last-mile delivery industry.The tool integrates aspects of fleet management such as real-time tracking, battery health monitoring, predictive analysis and preventive maintenance.
ZyppX is more than just a fleet management tool; it's a transformative solution for the logistics industry," said Akash Gupta, CEO of Zypp Electric.
"At Zypp, we get ample requests from partners, customers & driver pilots to expand into more cities within India & also many markets globally are also approaching us daily for Zypp's presence in many more markets. ZyppX is the answer for the same. With our advanced technology, we aim to empower entrepreneurs to expand Zypp & its fleets more effectively, contributing to the broader goal of electrification and sustainability in logistics within more cities in India & abroad. ZyppX is designed to tackle the unique challenges of EV fleet management, such as high upfront costs, lack of data-driven decision-making, and the need for real-time tracking and optimization which Zypp has built over the last 7 years. By providing a robust, technology-driven solution, ZyppX enables companies to overcome these barriers and scale their operations sustainably and get to action with Zypp technology & SOPs within 7 weeks instead of 7 years which Zypp took to build." He further added.