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
Automation & Robotics
ARC India Forum Spotlights AI-Led Industrial Transformation
ARC Advisory Group’s 24th India Forum brought together 300-plus leaders to examine how AI is transforming industrial operations, manufacturing and supply chains.
Read moreSmart Manufacturing
Hitachi Vantara’s Norman Plant Named WEF Lighthouse Facility
Hitachi Vantara’s Norman manufacturing site has earned WEF Lighthouse status for using AI to reduce lead times, inventory and carbon emissions.
Read moreOther Industrial Products
Kirloskar Pneumatic launches Tezcatlipoca A800 compressor
India’s first indigenously designed and manufactured centrifugal air compressor in the 600–980 CFM range extends centrifugal technology to lower-flow industrial applications.
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
