The Indian e-commerce market is among the most mature industries operating in the country today, with vast potential for further expansion. This market is projected to grow to US$ 188 billion by 2025 from US$ 46.2 billion as of 2020, and by 2030, it is expected to reach US$ 350 billion. A crucial lever essential for facilitating this growth is the transportation and delivery infrastructure. Electric vehicles have emerged as a clear frontrunner in this domain due to their functionality and cost-effectiveness. This deal aims to participate in Zyngo's endeavor to pioneer the 3-wheeler EV last-mile delivery service. Zyngo, headquartered in Gurugram, is a third-party logistics service provider (3PL) facilitating hyperlocal deliveries across India with its EV fleets. The company is on a steady growth trajectory, operating over 750 vehicles and making over 500,000 deliveries every month.
Min and Max Investment
₹50,000 and ₹20,00,000 respectively
- Last-mile delivery provider based out of Gurugram
- The Founding team has prior logistics experience of more than 3 decades
- Work with corporate clients like Amazon, Flipkart, Bigbasket, and JioMart and the company is doing ~ 500,000 deliveries per month
- 750+ vehicles leased from OEMs such as Hero, Piaggio, and Mahindra and Delhi NCR is their core operational Zone
- Vehicles in this deal are to be used by Zepto
This contract is managed by Pyse Fintech Pvt. Ltd. Note; The company listed here is not the one raising funds, and is only making use of Zyngo's 2 wheeler EV logistics service. The funds are raised to finance EVs that will be leased to Zyngo.
Download Original Offer Documents Here. 
