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
30-Dec-2021 💰
🇮🇳 Roundup: Zetwerk banks $210m at $2.7b valuation, more
Indian startups raised $87 million today
Zetwerk secures $210m at $2.7b valuation
04-Nov-2021 📈
India Roundup: Manufacturing network targets $250m round, more
Zetwerk seeks US$250M funding, led by Iconiq Capital.
Policybazaar’s IPO oversubscribed 17x with 572M bids.
20-Aug-2021 🚀
Lightspeed-backed Indian B2B manufacturing startup joins unicorn club
Zetwerk raises $150M in Series E funding.
Valuation exceeds $1 billion, joins India’s unicorn club.
03-Feb-2021 📈
Lightspeed co-leads $120m series D round in Indian manufacturing tech firm
Zetwerk raises $120M in Series D funding
Total funds raised reach $193M
04-Feb-2020 📈
Indian B2B startup Zetwerk banks $2.2m from Innoven Capital
Zetwerk raises $2.2M from Innoven Capital
Expanding platform for SMEs and OEMs in India
11-Dec-2019 🚀
Sequoia-backed Zetwerk gets $32m from Lightspeed, Greenoaks, others
Zetwerk raises $32M in Series B funding
Plans to expand services and international operations
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