Zypp Electric appoints bankers for $200 million IPO: Report

EV logistics startup Zypp Electric is preparing for an initial public offering and aims to raise about $200 million, Mint reported. The company has appointed Axis Capital, SBI Capital Markets and DAM Capital to manage the issue. This comes as the Gurugram-based firm is closing a pre-IPO funding round and is targeting a public listing in FY28.