In his new role, Tushar Mehta will be responsible for scaling Zypp’s overall business and ensuring sustainable growth strategies
Electric mobility start-up Zypp Electric is elevating its Business Head, Tushar Mehta, as the company’s Co-founder and Chief Operating Officer (COO).
Tushar joined Zypp last year as Business Head and has been closely working with the founding team to improve operations and business strategies. In his new role, Tushar will be leading the business and growth at Zypp and aims to grow Zypp’s revenue by 10X in the next financial year and 100-fold by 2025.
In his new role, Tushar Mehta will be responsible for scaling Zypp’s overall business and ensuring sustainable growth strategies. He has also been tasked with leading Zypp in further creating solutions to solve the delivery and mobility problems in the EV space. Before Zypp, Tushar was part of the leadership team in the country’s acclaimed mobility & automotive companies viz. Ola Cabs and Cars24.
Speaking about the development, Akash Gupta, Co-Founder and CEO, Zypp Electric, said “I am extremely delighted to welcome Tushar as our Co-founder and COO. We’re always looking for leaders to take Zypp to the next level. Tushar has time and again proven his leadership in business resilience and in-depth knowledge of his expertise in the sector that played an instrumental role in the growth of Zypp electric across the country. Now, as a part of the founding team, his understanding and past experience of scaling start-ups will further help us grow to become India’s largest EV services company with being the most profitable EV venture too.”
Commenting on his elevation, Tushar Mehta said “Having been a part of the EV revolution that Zypp is driving, I am thrilled and excited to lead Zypp’s business and growth. Being the leader in EV logistics and rentals, Zypp is poised to drive its Mission Zero-Emission and make India greener by adding 1.5 lakh EVs over the next 3 years. I am looking forward to driving Zypp into this rapid expansion phase, with the aim to grow our revenue to 10X by FY23.”
Zypp plans to deploy 20,000 electric vehicles in 2022, and 1.5 lakh EVs by 2025