Zyngo EV bags investment to expand hyperlocal delivery fleet size
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Third party logistics startup Zyngo EV has raised $5 Mn in a Pre-Series A round led by Delta Corp Holdings. Existing investor LC Nueva Investment Partners LLP also participated in the round. Zyngo has stated that the funds will be used for expanding fleet size, entering new geographies and to enhance technology. Founded in 2020 by Prateek Rao, the startup caters to B2B and B2C consumers with intra-city logistics and other transportation needs.