E-scooter micro-mobility startup Zypp has raised Rs 15 crore in a pre-Series A funding round led by IAN Fund, along with IAN members also participated. The Gurugram-based company would deploy the capital to strengthen its fleet with 5000 e-scooters in the next few months, along with expanding its geographical footprint in Indian cities.
Launched in 2017, Zypp, formerly known as Mobycy, is known to offer connected micro e-scooters by enabling the internet of things (IoT) services. (Source-PR).