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ZETWERK BUYS
Zetwerk's IPO filing; UPI FY26 scorecardB2B startup Zetwerk has filed a confidential prospectus with the markets regulator for a public listing. This and more in today's ETtech To...- 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...
- Early Diwali for delivery workers; RBI shutters SimplHappy Friday! Rapid delivery platforms are attracting gig workers with new incentives during festive season. This and more in today’s ETtec...
- Top tech and startup stories this weekWelcome to a new edition of ETtech Unwrapped – our weekend newsletter packed with the most important stories this week. Let’s take a look.
- Zetwerk founders raise personal debt to infuse Rs 600 crore in companyZetwerk's founders, Amrit Acharya and Srinath Ramakkrushnan, are investing Rs 600 crore in their B2B manufacturing startup by raising perso...
- 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.
- Digital payment firms face RBI scrutiny; Pine Labs, Meesho eye listingsHappy Thursday! After approving about 54 companies to become payment aggregators, the central bank is tightening its reins in the sector. T...
- 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...
- Top startup and tech stories this weekWelcome to a new edition of ETtech Unwrapped – our weekend newsletter packed with the most important stories this week. Let’s take a look.
- Zetwerk raises USD 90 mn at USD 3.1 bn valuation; plans IPO in 18 monthsManufacturing unicorn Zetwerk has raised USD 90 million, about Rs 766 crore, in a fresh funding round at a valuation of USD 3.1 billion, a ...
- Meesho’s secondary deal; tech VCs line up for consumer brandsPeak XV Partners and Tiger Global are among investors aiming for a stake in ecommerce firm Meesho via secondary deals. More details in a pa...
- Footpath Ventures may pick a stake in Rajasthan RoyalsFootpath Ventures – an investor in Indian unicorns like Dream11 and Zetwerk – is expected to lead a funding round of between $50 million an...
- Jiraaf raises $8.7 million in series B round led by Accel, Harmony PartnersBengaluru-based startup Jiraaf has raised $8.7 million in a series B funding round led by Accel and Harmony Partners. The company plans to ...
- 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...
- 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.
- From industrial pipes to aircraft engines, a three-year-old company is firing up Make in IndiaA three-year-old company tries to leverage India’s mega manufacturing push and the world’s hunt for an alternative to China. Its growth and...
- Small-town investors; Sebi's digital gold diktat; Reliance to revamp appInvestors from small towns have been flocking to online brokerages and crypto platforms in huge numbers since the start of the pandemic.
- 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...
- Govt-Twitter faceoff escalates over India IT rulesIn today's ETtech Morning Dispatch, Twitter and Google break silence on India's IT rules after WhatsApp sues government; the board of BigBa...
- Zetwerk buys back shares worth $8.3 million from employees, early investorsZetwerk said it has seen strong growth in its business in the last two years, and has grown its employee base from 250 to 400 in the last 1...
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