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STCH bets on AI to fix trial-and-error in fabric R&D, raises $5.5 million from Omnivore, Kae CapitalSTCH is revolutionizing fabric development with AI. The company helps fashion brands design and source materials efficiently. This platform...
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...
Power equipment startup Ayr Energy in talks to raise $25-30 million: sourcesUS-based Ayr Energy is in talks to raise $25–30 million from Energy Impact Partners, which could value the startup at around $200 million. ...
Peak XV alum’s fund; Snabbit, Scapia funding; Upgrad-Unacademy dealHappy Monday! Former Peak XV Partners executives have launched a new early-stage venture fund. This and more in today’s ETtech Morning Disp...
Zetwerk sues Ayr Energy over alleged misuse of confidential data; seeks $100 million in damagesThe lawsuit claims Ayr Energy, founded by a former Zetwerk executive, unlawfully used confidential data, including business strategies and ...
Zetwerk readies draft IPO papers within six months for $400-500 million IPOZetwerk, a $3 billion startup, plans an IPO to raise $400-500 million, targeting a $5 billion valuation. The company focuses on in-house ma...
Zetwerk & Rebel’s funding; Blinkit’s Bistro appContract manufacturing startup Zetwerk and Rebel Foods have raised fresh funds. This and more in today’s ETtech Top 5.
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...
Tax officials raid Zetwerk’s offices, founders’ homes suspecting tax evasionAccel India, D1 Capital Partners, Greenoaks Capital, Lightspeed Venture Partners, Sequoia Capital are some of Zetwerk’s investors.
Rapid digitalisation drives B2B ecommerce during pandemicAs traditional supply chains that served Indian businesses dried up amid Covid-imposed restrictions, well-capitalised B2B ecommerce players...
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...
Zetwerk turns unicorn after $150-million funding led by D1 CapitalThe funding values the startup at $1.33 billion post money.
Zetwerk set to turn unicorn with $150-million fundingZetwerk, a contract manufacturer of consumer and capital goods, has raised $150 million in a Series E funding round led by D1 Capital Partn...
25 unicorns in 8 monthsZetwerk has become India’s youngest billion-dollar startup after a $150-million funding round. Microsoft has invested in Oravel Stays ahead...
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
Blacksoil invests Rs 12 crore in Freightwalla, UpMoney, RapidboxBlacksoil has so far concluded over 50 debt transactions to venture capital-backed growth companies and startups by deploying more than Rs ...