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Zypp Electric eyes $40-50M pre-IPO round to double valuation toward $660M ahead of 1-2 year listing

EV logistics startup Zypp Electric plans a $40-50 million pre-IPO round to nearly double its $331 million valuation, fueled by quick commerce demand. FY25 revenue hit ₹448.6 crore; targets public listing within 1-2 years.

Reported figures

From the report. Source details below

$331 million valuation March 2025

Also in the report

  • $76.5 million raised to date
  • Net loss ₹107.5 crore FY25
  • 500 electric scooters FOCO

The source

Source Read the source at Mint Published

First seen