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ZETWERK ACQUISITION
IPO-bound Zetwerk’s FY26 operating revenue rises to Rs 15,900 crore: CrisilIPO-bound Zetwerk anticipates a rise in operating income to Rs 15,900 crore in FY26, driven by strategic exits from non-core segments and r...
360 ONE to finance AIMS founder's stake buybackThe asset management firm is expected to lend about ₹600 crore to facilitate the repurchase of shares from British International Investment...
Josh Foulger to lead Dixon's IT hardware bizFoulger previously served as CEO of Zetwerk Electronics, where he led the company's vertical expansion and undertook key acquisitions, the ...
PE/VCs chase electronics companies showing sparkIndian electronics manufacturers are gaining significant traction from private equity and venture capital firms, drawn by the sector's grow...
Why are late-stage startups relying on private credit before their IPOs?Late-stage Indian startups like InMobi, Zepto, and Zetwerk are increasingly securing private credit before their IPOs. This strategy allows...
ED lens on Jaggi brothers; Flipkart begins India shiftHappy Tuesday! After a Sebi probe, Gensol Engineering is now on the Enforcement Directorate’s radar. This and more in today’s ETtech Mornin...
Zetwerk gears up for IPO in 12–24 monthsManufacturing unicorn Zetwerk plans to go public within 12–24 months and will begin IPO preparations this fiscal year. CEO Amrit Acharya st...
Livspace names Ramakant Sharma as CEO, Anuj Srivastava as chairman ahead of IPOCofounder and CEO Anuj Srivastava will transition to the role of chairman of the board, while Ramakant Sharma, currently the chief operatin...
OfBusiness converts into public limited companyShareholders of OfBusiness’s parent company, Ofb Tech, have approved a plan to convert it into a public limited company. This change is a n...
Aris Infra Solutions raises Rs 80 crore in pre-IPO roundThe funding round of the tech-enabled platform for construction material procurement was led by Param Capital founder Mukul Agrawal, along ...
Zetwerk bets big on defence, investing Rs 350 crore, to acquire European companyIn an interview with ET, Vishal Chaudhary, co-founder at Zetwerk, said the company is in advanced stages of acquiring firms that specialise...
B2B back in focus as Indian VC funds rework playbookWithin B2B marketplaces, investors are getting excited about micro-segments including specialty chemicals, engineered goods, equipment, bat...
Zetwerk makes fourth acquisition through UnimactsThe acquisition is largely in line with plans to bolster Zetwerk’s presence in the US, Mexico and Europe, as well as to help it increase ma...
Venture debt fund BlackSoil raises Rs 250 crore in fresh capitalThe funds raised will be invested in mid- and growth-stage startups through its debt products
Manufacturing unicorn Zetwerk acquires 3 firms for Rs 100 cr to boost industrial businessZetwerk aims to strengthen its industrial vertical business in the oil and gas, aerospace, defense, and infrastructure component segments.
Stride Ventures expects final close of second fund in next two monthsExercising the green shoe option allows a venture capital or private equity firm to raise capital over and above its original target corpus...
B2B ecommerce startup Moglix valued at $2.6 billion after $250 million of fundingFounded in 2015, Moglix works with manufacturing and infrastructure companies to help streamline their end-to-end supply chain, from procur...
OfBusiness turns unicorn post SoftBank-led $160 million fundingB2B commerce startup valued at $1.5 billion; New capital to be used for acquisition, expansion
Oyo wins, Ravi Shankar Prasad resignsIn today’s ETtech Top 5 newsletter: NCLAT sets aside Oyo insolvency case; Ravi Shankar Prasad resigns as part of cabinet reshuffle; Binance...
Zetwerk revenue trebles in FY21 as business reboundsThe company expects to continue its growth momentum into the current financial year on the back of a Rs 4,500 crore of order book