Business News
Zypp Electric Targets INR 600 Cr Revenue in FY26 After EBITDA Breakeven
EV as a service platform is gearing up for a potential IPO within the next two years.
Zypp Electric
Business News
Money Matters: This Week’s Top Startup Funding Stories (Jan 10–17)
The week from January 10 to January 17 witnessed remarkable funding activity in India's startup ecosystem, underscoring the sector's resilience and innovation. Here's a roundup of the most notable funding deals and the startups driving change across diverse industries:
Business News
Zypp Electric Secures INR 55.4 Cr in Series C Funding
This round adds to the USD 15 million raised in May 2024, led by Japanese giant ENEOS and supported by existing backers like 9Unicorns, IAN Fund, and Venture Catalysts.
Business News
Zypp Electric Welcomes Manoj Kohli as Senior Advisor
With over 45 years of experience across telecom, renewable energy, electric vehicles (EVs), and AI-led digital technologies, Kohli's appointment aligns with Zypp's growth trajectory as it prepares for an initial public offering (IPO) within the next 12–24 months.
Business News
100Unicorns Expands to UAE with First Foreign Market Office in Abu Dhabi
The move strategically positions the fund as a gateway to the MENA region, aiming to strengthen ties between the Indian and UAE startup ecosystems through investment, acceleration, and incubation initiatives.
Business News
Vijay Singh Rathore: Backing Transformative Tech Startups
Typically, the Gurugram-based firm invests at the seed to series A stages, with an average ticket size ranging from INR 25 lakh to INR 3 crore.
Business News
Empowering Startups Nationwide: We Founder Circle
WFC expects sectors like hospitality, healthcare, and data centres to offer diverse investment opportunities.
Business News
Top Funding Highlights: Startups of the Week [May 24–31]
The startups with the highest funding raised this week, from May 24 to May 31, are listed below. A quick rundown of them is as follows:
Business News
Zypp Electric Raises USD 15 Mn in Series C led by ENEOS
The Gurugram-based platform aims to deploy the raised funds to expand its fleet from 21,000 to 200k electric scooters and extend its services to 15 cities across India by 2026.