India: Zypp Electric in advanced talks with SE Asian OEM player for $25-30m funding

India: Zypp Electric in advanced talks with SE Asian OEM player for $25-30m funding

Zypp fleet

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.