Zypp Electric, a startup in India’s EV-as-a-service industry, has announced the “Zypp Diwali Bonanza” promotion, which will run from October 20 to November 20. This seasonal promotion promises to reward Zypp’s delivery partners, known as Zypp Pilots, with financial and career-boosting advantages for their contributions, especially around Diwali, a peak season for quick commerce and food deliveries.

Zypp’s campaign includes an Employee Stock Ownership Plan (ESOP) for its five longest-serving pilots, valued at ₹15 lakh apiece. Zypp’s leadership emphasized that this step not only rewards their devotion but also provides a route to financial security and potential retirement benefits, which aligns with Zypp’s mission of empowering gig workers.

Performance rewards include gold and silver coins, as well as double earnings.

As part of the Diwali Bonanza, Zypp will award gold and silver coins to the top 30 delivery partners in India, based on their performance. Furthermore, on Diwali day, October 31, all Zypp Pilots, current and former, can double their profits, offering an additional incentive to maximize their earnings during the festival season.

Along with these benefits, Zypp has implemented a rent-to-own program for Zypp Pilots, allowing them to eventually buy the electric mobility scooters they use at no additional cost.

Akash Gupta the co-founder and chairman of Zypp Electric, commented, “Our Zypp Pilots are the backbone of our business. With the Zypp Diwali Bonanza, we’re delivering instant seasonal delights while securing long-term benefits like ESOPs.