EV Logistics Start up Zyngo Procures USD 5 Million in Pre-Series A Round
It targets to deploy more than 3,000 logistics EVs all over India by the end of FY23 and augment its fleet size and B2B customer-cum-logistics-partner operational profile by 10 times.
May 10, 2023. By EI News Network
The start-up avails its services to business-to-business (B2B) and business-to-consumer (B2C) customers, focussing on intra-city logistics to meet their daily logistics and transportation needs.
It targets to deploy more than 3,000 logistics EVs all over India by the end of FY23 and augment its fleet size and B2B customer-cum-logistics-partner operational profile by 10 times.
The start-up further intends to deploy more than 18,000 zero-emission EV fleets across India to assist the nation's climate action and sustainability objectives by the year 2025.
The partnership between the two logistics-delivery partners to various leading e-grocery and e-commerce brands which will help to cultivate and use the advanced technology in the coming round of investments.
Zyngo was established in January 2020 by Prateek Rao and provides last-mile delivery solutions through a fleet of electric vehicles (EVs).
Zyngo is a company that has allied with entities to strive to transition in the e-commerce & e-grocery industry by turning their delivery vehicles from ice vehicles to electric vehicles by maintaining the same level of logistics standards and productivity.
please contact: contact@energetica-india.net.
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