Zyp Raises $1.2 Million in Seed Funding, Launches Made-In-Pakistan Electric Bikes with Battery Swapping
Zyp Technologies, a Pakistani electric vehicles startup, announced on Tuesday that it had raised $1.2 million in seed funding led by Indus Valley Capital (IVC).
“With this key investment, Zyp is driving mass-market adoption of electric mobility in Pakistan by addressing three key hurdles to adoption: high upfront cost, range anxiety and long charging times,” a press release issued by the startup said.
Photo courtesy of DDOT DC.
Source: Daily Islambad Post (link opens in a new window)
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