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…
Last updated 4 September 2026
Zyngo Ev Mobility Private Limited is a Gurugram-based tech-enabled third-party logistics platform offering electric vehicle-based last-mile and intra-city delivery services. As of July 2025, the company is undergoing Corporate Insolvency Resolution Process, having reported a revenue range of approximately ₹15.7, 21 crore for FY2023-24 with a negative net profit margin of -5.37%, and total disclosed funding of around US$5, 5.6 million over two rounds.
AI-generated summary from public filings and may contain errors. Verify against the detailed sections below.
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Company Identity
| Registered name | Zyngo Ev Mobility Private Limited |
|---|---|
| CIN | U63030HR2019PTC082674 |
| PAN | AABCZ4291N |
| Status |
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| Listing | Not listed (unlisted private limited company). |
| Incorporated | 19 September 2019 |
| ROC |
|
| Sector (NIC) |
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| Registered address | 357D, Sector-37, Udyog Vihar-VI, Gurugram (Gurgaon), Haryana, India – 122001 |
| Authorized capital | ₹1,58,00,000 (₹1.58 Cr) — confirmed |
| Paid-up capital |
|
Business Overview
- 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
Current board (post-CIRP, per Tofler & Falconebiz, both agree on names/DINs):
| Name | DIN | Role | Appointed |
|---|---|---|---|
| Arun Kumar Gupta | 10477559 | Director | 31 Jan 2025 |
| Shilpa Sakalkale | 11064218 | Additional Director | 19 Apr 2025 |
Financials
Zyngo Ev Mobility Private Limited reported revenue of approximately ₹15.7 Cr in FY24 with a 21% year-over-year growth. Despite this growth, the company remains loss-making with a net profit margin of -5.37% and an operating margin of -1.77%.
FY2023-24:
- Revenue: ~₹15.7–21 Cr band cited across sources — 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.
- 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
- Total disclosed funding ~US$5–5.6 million over 2 rounds
- 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
In the News
NCLT Ahmedabad Directs Zyngo EV Mobility To Hand Over 16 Leased EVs To Gensol EV Lease
LiveLawBiz · 2 months ago
Headlines about Zyngo Ev Mobility Private Limited reported by third-party publications. Recur Club does not author or endorse this coverage. Last checked 9/6/2026.
Source: Google News aggregated headlines
Charges / Loans
- 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
- 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
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