Bus aggregator ZipGo in talks to raise funding from Essel Group

Bus aggregator ZipGo Technologies Pvt. Ltd is in advanced talks to raise $50 million from Essel Group, a person familiar with the matter said. ZipGo wants fresh capital to grow its presence in India from the current 10 cities, the person who didn’t wish to be named told Mint. The Bengaluru-based company will also use the funds to offer bookings for electric buses and e-rickshaws, the person said.