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Zetwerk IPO eyes big returns; Flipkart alumni seek Esop buybackZetwerk’s early investors are poised for big gains as the platform prepares to go public. This and more in today’s ETtech Top 5.- Zetwerk’s early backers stand to make returns of up to 38-fold at IPO priceVenture capital (VC) firms Kae Capital, Accel, Peak XV Partners and Lightspeed Venture Partners will together sell 76.3 million shares, acc...
- Zetwerk's Rs 5,012 crore IPO to open this week. Check price band, other detailsZetwerk Manufacturing Business has set its IPO price band at Rs 143–151 per share for its Rs 5,012.33-crore issue opening on October 15. Th...
- Zetwerk sets IPO price band at Rs 143-151, seeks Rs 25,583 crore valuationThe company's IPO will be worth Rs 5,012 crore, comprising a Rs 2,830-crore fresh issue and an offer for sale (OFS) of 144.5 million shares...
- Zetwerk IPO: Fresh issue size raised to Rs 2,830 crore, OFS grows 49%The number of selling shareholders remains unchanged at 24, but eight institutional investors, including Peak XV Partners, Lightspeed Ventu...
- Avantel shares rise 9% after Rs 177 crore satellite communication order from ZetwerkAvantel shares jumped over 8% on Thursday after securing a Rs 177.35 crore purchase order from Zetwerk Manufacturing Businesses for satelli...
- Stocks in news: Bharat Dynamics, NTPC, Canara Bank and Waaree EnergiesIndian equity benchmarks experienced gains on Wednesday, driven by widespread buying in the market. Investors reacted positively to signs o...
- Banks rethink UPI play; Big Tech's AI pivot dents Indian ITHappy Wednesday! The return of MDR on UPI is pushing banks to rethink products and budgets. This and more in today’s ETtech Morning Dispatc...
- Spinny books IPO ride; UPI subsidies may endSpinny has confidentially filed for its initial public offering. This and more in today’s ETtech Top 5.
- ETSA winner Theranautilus heads to human trials; JSW One’s IPO plansHappy Friday! Theranautilus is set to begin human trials of its nanorobot-based dental tech soon. This and more in today’s ETtech Morning D...
- Zetwerk promoters pledge stake; PhysicsWallah Q1 losses narrowZetwerk’s promoters have pledged nearly a third of their stake ahead of the company’s IPO. This and more in today's ETtech Top 5.
- Accel raises $550 million for India, keeps early-stage focus as AI reshapes deal flowThe Silicon Valley-headquartered VC firm is betting on India’s IPO-led liquidity opportunity. Accel aims to invest early and help companies...
- Flipkart faces sellers' heat; Zetwerk IPO gets Sebi nodA sellers' body has filed a complaint against Flipkart, alleging unfair business practices. This and more in today's ETtech Top 5.
- Sebi approves IPOs of defence electronics maker Tonbo Imaging and 3 othersSebi approved IPO proposals of Tonbo Imaging India, Marri Retail, Zetwerk and Gujarat Victory Forgings, strengthening the primary market pi...
- Amazon's massive layoffs; Founders cash in IPOAmazon will cut tens of thousands of corporate roles in a major workforce reshuffle. This and more in today's ETtech Top 5.
- 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...
- Now, tax officials raid Zetwerk; India’s four-way ecommerce fightAnother startup – Zetwerk – faces the prospect of a tax evasion probe after officials raided its offices and the homes of its founders.
- 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...
- 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...
- 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...
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