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Zypp Electric Distributes Coins and ESOPs This Diwali

Zypp Electric rewards delivery partners with gold, silver coins, and ESOPs to enhance earnings and long-term financial security this Diwali

BY TEAM IMPACT
25th October 2024
Zypp Electric Distributes Coins and ESOPs This Diwali

Zypp Electric, a leading tech-enabled EV-as-a-service platform in India, has launched its festive campaign titled “Zypp Diwali Bonanza,” which runs from 20th October to 20th November 2024. This initiative aims to celebrate Diwali while providing financial rewards and long-term benefits to gig workers, particularly Zypp Pilots.

The campaign will reward the top 30 Zypp Pilots across India with gold and silver coins based on their performance. Additionally, Zypp Electric has introduced an Employee Stock Ownership Plan (ESOP) valued at ?15 lakhs for the five longest-serving delivery partners. This initiative is designed to recognise their contributions and offer a pathway to financial security and retirement benefits.

With the festive season being a peak period for quick-commerce and food delivery services, Zypp Electric aims to support its gig workforce. As part of the campaign, current and former Zypp Pilots will have the chance to double their earnings on Diwali day, 31st October, incentivising them to maximise their earnings during this significant occasion. The company has also launched a rent-to-own scooter ownership plan, allowing delivery partners to eventually own the scooters they use.

Akash Gupta, Co-Founder and CEO of Zypp Electric, stated, “Our delivery executives, whom we call Zypp Pilots, are essential to our operations. This Diwali, we want to offer rewards that make a tangible difference. With the Zypp Diwali Bonanza, we are providing immediate rewards as well as securing long-term benefits for our dedicated Pilots. Making Zypp Pilots partners in our journey has always been a goal, and we are pleased to see this become a reality.”

Zypp Electric is committed to transforming last-mile logistics through sustainable electric mobility solutions and focuses on gig worker empowerment. The company currently operates with over 22,000 delivery pilots, aiming to build a greener future for the gig economy.

  • TAGS :
  • Diwali campaign
  • delivery partners
  • Zypp Electric
  • gig economy
  • financial rewards
  • EV-as-a-service
  • Akash Gupta
  • gig worker empowerment
  • last-mile logistics

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