Zypp Electric, an EV logistics startup, is preparing for a $150-200 million IPO and has appointed Axis Capital, SBI Capital Markets, and DAM Capital as bankers.
Zypp Electric ($331M) targets $150-200M IPO in FY28 with ongoing pre-IPO funding round. IPO signals India's last-mile EV consolidation; FOCO model scaling and strong investor appetite underscore asset-light logistics viability in emerging markets.
Zypp is also closing a pre-IPO funding round to boost its valuation
Jun 22, 2026
01:23 pm
What's the storyZypp Electric, an electric vehicle (EV) logistics start-up, is gearing up for a major initial public offering (IPO) of $150-200 million.
The Gurugram-based company has already appointed Axis Capital, SBI Capital Markets and DAM Capital as its bankers for the process.
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Zepto was valued at $7 billion in its previous funding round in October when it raised $450 million.
