Zypp Electric on Monday said it has launched the third edition of its EVolve Innovation Challenge, offering funding of up to ₹30 lakh to support startups and innovators working on electric mobility solutions.
The initiative invites applications from startups, entrepreneurs and organisations developing technologies across areas such as EV hardware, battery systems, charging infrastructure, mobility software and financing models.
“We have a vision to create 100 unicorns and build a truly impactful EV ecosystem. Through EVolve Season 3, we are bringing together India’s brightest minds to co-create solutions that can accelerate EV adoption and redefine sustainability. This is not just a challenge,” said Akash Gupta, Co-Founder & CEO, Zypp Electric.
Selected participants will receive funding support, access to incubation facilities, mentorship and opportunities to pitch to investors, aimed at helping early-stage solutions move towards commercial deployment.The programme comes amid a growing focus on building an ecosystem to accelerate electric vehicle adoption in India, particularly in segments such as last-mile logistics and urban mobility, where EV penetration is steadily increasing.
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