Amid the economic volatility and much-talked-about funding winter, one segment that is buzzing with deal activity is electric vehicles (EV). While many players are already armed with funding to expedite EV adoption in the country, the latest in the market to raise capital is Zypp Electric.
Hyperlocal and EV-based last-mile delivery startup Zypp Electric is understood to be in advanced talks with new and existing investors to raise about $25-30 million in its Series B funding round as it targets to expand its EV fleet services, DealStreetAsia has learnt.