Zypp Electric’s First ESOP Buyback: Empowering Every Role 🚀

EV-as-a-Service startup Zypp Electric has announced its first ESOP buyback worth ₹1.5 crore, rewarding 15 employees for their dedication. What makes this truly inspiring is the inclusion of Ramsevak, a long-term office boy, proving that growth and ownership can be shared across every role.

Since its founding in 2017, Zypp has powered 15M+ deliveries, saved 33M kg of CO₂, and built an ecosystem of 10,000+ gig workers across platforms like Zomato, Swiggy, Flipkart, and Zepto.

💡 Why this matters: ESOP buybacks give employees real cash value for their stock options, turning belief in the company’s vision into tangible rewards. With peers like Swiggy ($50M) and Flipkart ($700M) also announcing ESOP payouts, confidence in India’s startup ecosystem is clearly on the rise.

✨ A milestone for Zypp, a message for the ecosystem: inclusivity and empowerment drive sustainable success.