Zypp Electric vs Allegion
Side-by-side comparison of AI visibility scores, market position, and capabilities
Delhi India EV-as-a-service last-mile logistics (founded 2017); $76.5M raised, 22K+ EVs, FY25 revenue ₹448 crore (+48%), 20.5M+ emission-free deliveries for Zepto/Blinkit/Swiggy competing with Magenta Mobility for quick commerce fleets.
About
Zypp Electric is a Delhi, India-based electric vehicle-as-a-service (EVaaS) platform — having raised $76.5 million from ENEOS Group (Japanese energy), Gogoro (Taiwan EV), Goodyear Ventures, and Anthill Ventures at a ₹2,840 crore (~$340 million) valuation — operating India's largest EV fleet for last-mile logistics with 22,000+ electric scooters serving quick commerce and e-commerce delivery partners including Zepto, Blinkit, BigBasket Now, Swiggy, Zomato, Flipkart, and Myntra across Delhi-NCR, Bangalore, and Mumbai. Founded in 2017 by CEO Akash Gupta, Rashi Agarwal, and Tushar Mehta, Zypp began as a dockless bike rental service before pivoting to B2B EV fleet management for delivery companies — an asset-light model where Zypp owns the vehicles and charges per-delivery or per-kilometer fees rather than requiring delivery platform companies to purchase and maintain their own EV fleets. In FY2025, Zypp reported revenue of ₹448 crore ($54M), up 48.2% year-over-year from ₹306 crore in FY2024, which itself represented 168% growth from ₹109.1 crore in FY2023. The company has completed over 20.5 million emission-free deliveries and operates primarily in Delhi-NCR (15,000 vehicles), Bangalore (4,000 vehicles), and Mumbai (1,200 vehicles).
Dublin physical security and access control (NYSE: ALLE) at $3.8B 2024 revenue; Q2 2025 record $1B+ quarterly with Salto Systems and Gatewise acquisitions expanding electronic access competing with ASSA ABLOY for global door security.
About
Allegion plc is a Dublin, Ireland-headquartered global security products company — publicly traded on the New York Stock Exchange (NYSE: ALLE) as an S&P 500 component — generating $3.8 billion in revenue in 2024 and setting a quarterly revenue record exceeding $1 billion in Q2 2025 for the first time in company history, with approximately 14,400 employees across operations in 130+ countries. Allegion's portfolio spans 25+ brands including Schlage (US residential and commercial locks), Von Duprin (exit devices since 1908), LCN (door closers since 1876), CISA (European locks), SimonsVoss (wireless electronic locking), and Interflex (workforce management). The company generates 75%+ of sales in the United States. CEO John H. Stone. Allegion was spun off from Ingersoll Rand on December 1, 2013, joining the NYSE and S&P 500 on the same day. Recent acquisitions include Salto Systems (2024, cloud-connected access control), Gatewise (2025, multifamily access control), and ELATEC (2025 pending, RFID/NFC reader technology).
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