January 22, 2025, Gurugram
Zypp Electric, India’s premier EV-as-a-Service platform, has announced the appointment of Parag Raheja as its Executive Vice President. This strategic hire comes as the company prepares to scale its operations and redefine the last-mile delivery ecosystem with sustainable mobility solutions.
Bringing Expertise to Transform Fleet Operations
With over 15 years of experience in operations, strategy, and customer-centric innovation, Parag Raheja will oversee fleet operations and rider experience at Zypp Electric. His leadership will play a crucial role in advancing the company’s goal to deploy 500,000 e-bikes over the next five years, supporting its mission to promote green mobility.
Parag Raheja’s Career and Vision
Proven Track Record of Success
Before joining Zypp Electric, Parag served as Vice President at Spinny, where he launched and scaled Spinny Max, the company’s luxury car vertical. His contributions included achieving operational excellence, managing Spinny’s Pan-India offline supply, and driving B2B partnerships.
Parag’s career also includes leadership roles at Procter & Gamble, Coca-Cola, Snapdeal, and Swiggy, where he honed his skills in scaling operations and leading innovative projects.
Educational Background
Parag holds a Bachelor’s degree in Mechanical Engineering from Punjab Engineering College, Chandigarh, and an MBA from MDI, Gurgaon. His technical and business expertise positions him well to lead Zypp’s expansion efforts.
Zypp Electric’s Ambitious Growth Plans
The appointment of Parag Raheja reflects Zypp Electric’s focus on assembling a strong leadership team to achieve its aggressive growth targets. The company recently secured $15 million in Series C funding and aims to become the largest EV-as-a-Service provider in India.
Scaling Operations
- Target: Deploy 500,000 electric bikes by 2030.
- Current Fleet: A robust lineup of e-bikes serving last-mile delivery needs across major cities.
Strengthening the Leadership Team
In addition to Parag’s appointment, Zypp Electric has added other key executives:
- Rahul Yadav, Vice President of Technology.
- Ricky Singh, Senior Vice President of E2W Operations.
- Sudhir Sharma, Senior Vice President of Finance.
- Sudipto Shome, Vice President of E3W Operations.
Driving Innovation in Last-Mile Logistics
Zypp Electric is at the forefront of India’s EV revolution, addressing the growing need for sustainable urban transportation. The company’s EV-as-a-Service platform offers eco-friendly solutions for last-mile delivery, helping reduce carbon emissions in densely populated cities.
Enhancing Fleet Efficiency
Under Parag’s leadership, Zypp aims to:
- Improve Fleet Utilization: Optimize operations to maximize uptime and reduce costs.
- Elevate Rider Experience: Introduce innovative tools and processes to enhance driver satisfaction and efficiency.
A Vision for Sustainable Mobility
Expressing his enthusiasm, Parag Raheja stated,
“I’m thrilled to join Zypp Electric at a time when sustainable mobility is at the forefront of India’s transformation. I look forward to contributing to the company’s mission of building India’s largest EV-as-a-Service platform and redefining last-mile delivery.”
