Zypp Electric raises USD 25m in Series B Round, to expand footprint to 30 cities
The round is a mix of equity and debt funding, with the USD20million equity round and USD 5 million debt for fleet expansion from global impact fund IIX along with a large national bank participating the same. This is also the first time that global impact funds and Indian banks are participating in EV Debt for any fleet operator or startup in the country, the company said
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