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Indian supply chain startup Zetwerk eyes $1b IPO
Zetwerk, a supply chain startup based in Bangalore, is contemplating raising capital through an IPO.
The company is in talks with investment banks to potentially list on the Mumbai stock exchange next year, according to anonymous sources.
The IPO could value Zetwerk at several billion dollars. However, details such as the size, valuation, and timing of the IPO are still undetermined.
Zetwerk operates a technology platform that connects suppliers and customers in industries including aircraft engine manufacturing, consumer electronics, and home appliances.
Recent Zetwerk developments
| Timeline |
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30-Dec-2021 💰 🇮🇳 Roundup: Zetwerk banks $210m at $2.7b valuation, more
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04-Nov-2021 📈 India Roundup: Manufacturing network targets $250m round, more
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20-Aug-2021 🚀 Lightspeed-backed Indian B2B manufacturing startup joins unicorn club
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03-Feb-2021 📈 Lightspeed co-leads $120m series D round in Indian manufacturing tech firm
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04-Feb-2020 📈 Indian B2B startup Zetwerk banks $2.2m from Innoven Capital
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