Schedule a Call Back
Zetwerk eyes $1 billion IPO to boost growth
Industry News- Nov 13,24
The company’s platform facilitates connections between suppliers and clients across industries, including aircraft engine manufacturing, consumer electronics, and home appliances.
Indian supply chain startup Zetwerk Pvt Ltd is exploring options to raise up to $1 billion, potentially through an initial public offering (IPO) in Mumbai next year, according to sources. Backed by investors like Peak XV Partners and Lightspeed India Partners, the Bangalore-based company has reportedly initiated discussions with investment banks as part of its IPO preparations, which could value Zetwerk in the multi-billion-dollar range.
Sources indicate that Zetwerk's plans are still in the early stages, with details such as the IPO's size, valuation, and timing subject to change. The company’s platform facilitates connections between suppliers and clients across industries, including aircraft engine manufacturing, consumer electronics, and home appliances. Zetwerk has not yet provided a comment on the potential listing.
(Business Standard)
Related Stories
Auto & Auto Components
Stellantis, Tata Motors Mark 20 Years of FIAPL Partnership
Stellantis and Tata Motors Passenger Vehicles celebrate 20 years of FIAPL and sign an MoU to expand collaboration in manufacturing, engineering and supply chain.
Read moreElectrical & Electronics
Aimtron Secures First European Box-Build Order
Aimtron Electronics Limited wins its first European box-build order, marking entry into the European automotive and industrial markets.
Read moreAerospace Defence
Sagar Defence Invests in EndureAir to Advance Indigenous Aerial Robotics
Sagar Defence Engineering has announced a strategic investment in EndureAir Systems to strengthen indigenous unmanned and autonomous aerial robotics capabilities for India’s defence ecosystem.
Read moreRelated Products
Heavy Industrial Ovens
INDUSTRIAL SUPPLIES
Hansa Enterprises offers a wide range of heavy industrial ovens.
High Quality Industrial Ovens
INDUSTRIAL SUPPLIES
Hansa Enterprises offers a wide range of high quality industrial ovens. Read more
Hydro Extractor
INDUSTRIAL SUPPLIES
Guruson International offers a wide range of cone hydro extractor. Read more
latest News
Subscribe to iNoW
For Industry News on WhatsApp, Give a Miss Call on: +91 84228 74016
