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ZETWERK EXPANSION PLANS
Kuku FM's parent confidentially files for Rs 3,500 crore IPOAudio and video platform Kuku has confidentially filed draft papers with Sebi for a Rs 3,500 crore IPO. The company aims for a Rs 15,000 cr...
Layoffs hit tech, GCCs; Startups rewrite summer rulesHappy Wednesday! Tech and GCC talent are facing more layoffs as they move up the value chain and integrate into global operations. This and...
Zetwerk sees second high-profile exit ahead of IPOIPO-bound manufacturing unicorn Zetwerk has seen another senior exit before its planned initial public offering. Electronics business head ...
Domestic and foreign investors to get equal tax benefits on data centres: Union minister Ashwini VaishnawUnion Minister Ashwini Vaishnaw said domestic and foreign companies will now receive equal tax benefits for data centres, providing relief ...
Supply chain diversification shields Indian EMS firms from US tariffsIndian EMS firms are diversifying supply chains and expanding globally to mitigate risks from US tariffs. Syrma SGS reports limited short-t...
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...
Swiggy Q1: Losses deepen; Rapido stake on blockSwiggy's net losses ballooned in the April-June quarter despite a rise in revenue. This and more in today's ETtech Top 5.
Contract maker Zetwerk set to pump Rs 500–800 crore for component makingZetwerk plans to invest Rs 500–800 crore in manufacturing printed circuit boards (PCBs), enclosures, and electromechanical components. Cofo...
Zetwerk looks to pump Rs 500 crore in renewablesZetwerk, a contract manufacturing company, intends to invest ₹500 crore over the next two years to enhance its renewable energy manufacturi...
Zetwerk, Smile in deal to set up three IT hardware factoriesContract manufacturing unicorn Zetwerk has partnered with Smile Electronics, based in Bengaluru, to launch three facilities for IT hardware...
Zetwerk earmarks Rs 1,000 crore investments to grow its electronics businessZetwerk invests Rs 1,000 crore to boost electronic manufacturing capacity, aiming to lead in mobile phones, hearable, and wearable space. P...
ETSA 2023: Nominees for Startup of The Year; Coinbase discontinues services in IndiaFinally, it’s time to announce the last but most coveted category of The Economic Times Startup Awards 2023: Startup of The Year. A singula...
Zetwerk Manufacturing appoints Pulkit Bhandari as chief financial officerPrior to joining Zetwerk, Bhandari served as the head of group corporate finance at RPG Enterprises. He has also worked as an investment ba...
Manufacturing services unicorn Zetwerk’s revenue jumped six-fold to Rs 4,961 croreThe overall losses for the company remained largely unchanged at Rs 42 crore, factoring in the non-cash employee stock ownership plan (ESOP...
Zetwerk Manufacturing set to raise $250 million at $2.5 billion valuationThe round would value the company at close to $2.5 billion pre-money, almost double of what it commanded in August this year when it had ra...
Growth-stage startups set to create about 100,000 white-collar jobs in 2021The estimate is based on the recruitments done by these companies till the end of August and their hiring plans for the rest of the year.
ETtech Deals Digest: Zetwerk turns unicorn, Khatabook gets $100-million fundingIndia's startup ecosystem witnessed smaller funding rounds this week compared to the previous one.
Paytm’s pre-IPO troubles; 25th unicorn of the yearFrom Paytm's ownership probe, to Zetwerk becoming a startup unicorn and Bitcoin crossing $50,000 for the first time since May crash, here's...
Zetwerk bags Rs 160 crore funding led by Greenoaks CapitalThe latest funding comes just six months after Zetwerk raised $32 million which was co-led by Lightspeed and Greenoaks Capital, and brings ...
Zetwerk gets $32 million from Lightspeed, Greenoaks CapitalZetwerk is a business-to-business marketplace startup which connects large manufacturing companies with vendors and suppliers for customise...