Company Intelligence Profile
Zyngo Ev Mobility Private Limited
Zyngo (founded/launched January 2020) is a Gurugram-based tech-enabled third-party logistics (3PL) platform providing "green mobility"/EV-based last-mile and intra-city delivery — matching e-commerce, SME, FMCG, retail, pharma and cloud-kitchen demand with electric 2-wheeler/3-wheeler cargo-vehicle supply (leased, ass…
AI-generated summary from public filings and may contain errors. Verify against the detailed sections below.
Company Identity
Confirmed| Registered name | Zyngo Ev Mobility Private Limited |
|---|---|
| CIN | U63030HR2019PTC082674 |
| PAN | AABCZ4291N (single source — Tofler; partial, not independently corroborated by a second source) |
| Status | Under CIRP (Corporate Insolvency Resolution Process) — NCLT Chandigarh Bench admitted an insolvency petition on/around 2 July 2025 (Section 7, IBC 2016). Confirmed by TheCompanyCheck, Tofler, Falconebiz, InstaFinancials, InsolvencyTracker. |
| Listing | Not listed (unlisted private limited company). |
| Incorporated | 19 September 2019 (confirmed — TheCompanyCheck, Tofler, Falconebiz) |
| ROC | RoC-Haryana per Tofler, Falconebiz and InstaFinancials (3 sources, and consistent with the "HR" CIN state code). Note: TheCompanyCheck's fetched page showed "RoC: Delhi", which conflicts and is likely an error on that source — treated as RoC-Haryana (confirmed). |
| Sector (NIC) | Land transport via road / supporting and auxiliary transport activities / freight transport agency services (NIC — transport & logistics). Sources vary slightly in wording (TheCompanyCheck, Tofler, Falconebiz, InstaFinancials) but agree on category. |
| Registered address | 357D, Sector-37, Udyog Vihar-VI, Gurugram (Gurgaon), Haryana, India – 122001 (confirmed across TheCompanyCheck, Tofler, Falconebiz, InstaFinancials) |
| Authorized capital | ₹1,58,00,000 (₹1.58 Cr) — confirmed (Tofler, Falconebiz, InstaFinancials) |
| Paid-up capital | ₹1,35,00,000 (₹1.35 Cr) — confirmed (Tofler, Falconebiz, InstaFinancials); Last AGM 30 Dec 2024, latest balance sheet 31 Mar 2024. |
Business Overview
Confirmed- Zyngo (founded/launched January 2020) is a Gurugram-based tech-enabled third-party logistics (3PL) platform providing "green mobility"/EV-based last-mile and intra-city delivery — matching e-commerce, SME, FMCG, retail, pharma and cloud-kitchen demand with electric 2-wheeler/3-wheeler cargo-vehicle supply (leased, asset-light model) sourced from OEMs including Hero Electric, Piaggio, Kinetic Green and Mahindra Electric
- At peak (2023) it reported a fleet of 1,000-1,150+ EVs handling roughly ~300,000 deliveries/month, serving clients such as Blowhorn, Ninjacart and Grofers per earlier (2021) coverage
- As of July 2025 the company entered CIRP after a financial creditor (Shree Shayama Constructions Pvt Ltd) filed a Section 7 IBC petition citing default of ~₹1.62 crore
- NCLT Chandigarh admitted the case and appointed Manoj Kumar Jain as Interim Resolution Professional (IRP), with a moratorium in effect
- Sources: Entrackr (2023), Mobility Outlook, YourStory (2021), InsolvencyTracker (Jul 2025)
Directors
Partial / conflictingCurrent board (post-CIRP, per Tofler & Falconebiz, both agree on names/DINs):
| Name | DIN | Role | Appointed |
|---|---|---|---|
| Arun Kumar Gupta | 10477559 | Director, DIN 10477559, appointed 31 Jan 2025 | 31 Jan 2025 |
| Shilpa Sakalkale | 11064218 | Additional Director, DIN 11064218, appointed 19 Apr 2025 | 19 Apr 2025 |
Financials
Partial / conflictingFY2023-24 (per Tofler, single-source detail; treat as partial):
- Revenue: ~₹15.7–21 Cr band cited across sources (search-indexed snippet cites ₹15.7 Cr for FY24 with ~21% YoY growth; Tofler's fetched page independently cites "Operating revenue ₹1–100 Cr band" with total revenue +21.21% YoY) — figures roughly consistent (~₹15-21 Cr) but exact number not corroborated by a second independent fetch, so marked partial.
- Operating margin: -1.77%; Net profit margin: -5.37% (i.e., loss-making) — Tofler.
- Borrowings increased 45.29% YoY; total assets grew 42.45% YoY — Tofler.
- Team size: ~22 employees as of 31 Mar 2024 (search snippet, Tofler-sourced).
- Standalone vs consolidated: not specified by source; company has at least one subsidiary (see related_parties), so consolidated figures may differ from standalone — not obtained separately.
- Net worth: not obtained.
No independent financial statement / MCA filing PDF was accessed; figures are as aggregated by Tofler's platform.
Funding
Confirmed- Total disclosed funding ~US$5–5.6 million over 2 rounds (Tracxn aggregate cited in search)
- Key round: Pre-Series A, ~US$5 million, announced May 2023, led by Delta Corp Holdings, with participation from existing investor LC Nueva Investment Partners LLP
- Sources agree: SaurEnergy, Indian Startup News, Entrackr (May 2023), eMobility+, EVreporter
- No later funding rounds found after the 2023 raise
- company entered CIRP in July 2025
Charges / Loans
Partial / conflictingPer Tofler (single source, not independently corroborated, so partial):
- Axis Bank Limited — ₹2.0 Crore, dated 11 Oct 2022
- Clime Finance Private Limited — ₹1.0 Crore, dated 15 Jun 2023
Falconebiz and InstaFinancials note charges/loan detail as locked behind paid membership, so could not cross-verify amounts independently.
Legal / Insolvency
Partial / conflicting- NCLT Chandigarh Bench admitted a Section 7 (IBC 2016) insolvency petition against the company around 2 July 2025, filed by financial creditor Shree Shayama Constructions Private Limited over an alleged default of ~₹1.62 crore
- Manoj Kumar Jain was appointed Interim Resolution Professional (IRP)
- a moratorium under Section 14 IBC is in force (bar on suits, asset transfers, etc.), and the IRP has been directed to make the public CIRP announcement and invite creditor claims (an IBBI claims-portal listing exists for the case, claims ref. 24918, but that page itself could not be fetched — timed out)
- Source: InsolvencyTracker (2 Jul 2025)
- corroborated in passing by Mobility Outlook/other aggregator snippets
- No Indian Kanoon judgment text was independently retrieved (not attempted directly
- site not fetched)
- This should be treated as partial/developing given the single detailed source
Competitors
ConfirmedEV-based last-mile / hyperlocal logistics peers (India): 1. Zypp Electric — larger scale, 21,000+ EV fleet, B2B EV-as-a-service, more heavily funded (per Tracxn/CBInsights, ranks among top funded players in category). 2. MoEving — EV fleet-as-a-service / driver-partner logistics platform, similar/comparable early-growth scale. 3. Pickkup — hyperlocal EV logistics/delivery platform, comparable small-to-mid scale. 4. LoadShare Networks — larger cross-vertical last-mile logistics network (e-commerce, quick-commerce, food delivery), broader/larger scale than Zyngo. 5. Euler Motors — adjacent player as EV OEM/financier for last-mile commercial EVs (HiLoad EV three-wheelers) rather than a direct 3PL competitor, but frequently listed alongside in EV-logistics ecosystem coverage. (Source: WebSearch aggregation citing Tracxn "Zyngo's top competitors include Zypp Electric, MoEving and Pickkup"; EVreporter "Leading EV Fleet Operators" listing.)
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