IAN Fund invests ₹15 cr in Gurugram e-scooter startup Zypp

Indian Angel Network (IAN) Fund has invested ₹15 crore in Gurugram-based e-scooter startup Zypp (earlier known as Mobycy). The startup has so far raised over $10 million in funding from investors including Venture Catalysts, as per Crunchbase. Notably, the government is committed to investing $1.4 trillion in developing EV infrastructure in the next five years.