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Zetwerk

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  • Zetwerk reshapes board, leadership structure ahead of IPO

    The rejig aims to simplify organisational framework ahead of IPO and also help retain talent by empowering senior leadership with greater responsibilities, sources tell Moneycontrol

  • Zetwerk files confidentially for IPO

    Kotak Mahindra Capital, JM Financial, Avendus Capital, Pantomath Capital and the Indian units of HSBC, Morgan Stanley, and Goldman Sachs are bankers to the issue.

  • Zetwerk plans to confidentially file for Indian IPO in two weeks: Report

    The IPO includes about $300 million in fresh equity, with the rest to be raised through an offer for sale

  • IPO-bound Zetwerk opens manufacturing facility in Bengaluru

    The facility is said to handle complex products across avionics, electronic warfare and electric vehicle components such as battery management systems, charging stations and lighting.

  • IPO-bound Zetwerk sees a rise in demand from AI-led data centres, to close FY26 above $2 billion in revenue 

    Energy-related manufacturing, including transformers, solar trackers and wind turbine components, now contributes nearly 40% of Zetwerk’s revenue and is growing at roughly 100% YoY, co-founder and chief executive Amrit Acharya told Moneycontrol.

  • Danaher President Jai Shankar Krishnan joins Zetwerk board as Independent Director ahead of IPO

    His appoitment comes as Zetwerk has appointed bankers and is likely to file its draft papers for an IPO confidentially in February-March 2026.

  • Zetwerk files lawsuit against its former exec’s new firm Ayr Energy in Texas court

    Zetwerk estimate losing nearly $77 million in potential orders and allege that Ayr’s revenues from the disputed business could exceed $250 million.

  • IPO-bound Zetwerk to raise Rs 600 crore from co-founders via newly formed entity Creovate

    Creovate Innovation was incorporated in March 2025 by Zetwerk co-founders Amrit Pratik Acharya and Srinath Ramakkrushnan

  • Foxconn, Dixon, Zetwerk look to capitalise on PLI Scheme for electronic components: Report

    Foxconn is reportedly preparing to apply for PLI under the smartphone display module category through its subsidiary company Yuzhan Technology.

  • Rising Bharat: Logistics players bet on India amid tariff war 'disruption'

    Trump's reciprocal tariff may accelerate the momentum toward more countries and companies looking at India as an important option in their global sourcing footprint, Srinath Ramakkrushnan, co-founder and COO, Zetwerk has said,

  • Zetwerk mulls public listing within two years: CEO Amrit Acharya

  • To run a business today, manufacturers must master geopolitics, says Zetwerk CEO Amrit Acharya

    Zetwerk is entering new countries and diversifying its supply chain to mitigate risk amid rising geopolitical tensions, Acharya has said as Trump's tariff war threatens global trade

  • IPO-bound Zetwerk in talks to raise $20-30 million from family offices, HNIs

    The fresh capital infusion is aimed at strengthening the company’s captable as it prepares for public market listing in near future.

  • Zetwerk mafia on fundraising spree: Scimplify, CBCatalyst, Sanlayan discuss new rounds

    While Scimplify is likely to raise $30 million, Sanlayan is in talks to raise $20 million. CBCatayst is discussing a $1 million deal and Lightspeed is in advanced stages to back a former business head at Zetwerk in a $5 million deal, multiple sources told Moneycontrol.

  • Zetwerk’s GMV crosses $2 billion in FY24

    In FY24, Zetwerk recorded Rs 191 crore of Adjusted EBITDA from operations, as against Rs 188 crore in the year ago period, CEO Amrit Acharya told Moneycontrol in an interview.

  • Zetwerk is said to consider raising $1 billion in IPO

    The Bangalore-based firm has held talks with investment banks to help prepare for a potential IPO in Mumbai next year

  • Zetwerk’s Josh Foulger urges government to open up mobile phone PLI scheme with no riders

    Zetwerk is investing Rs 1,000 crore to expand its electronic manufacturing capacity for smartphones, TVs, hearing aids, wearables, wi-fi routers, PCBAs, and IT hardware like laptops and servers

  • Zetwerk bags largest order from Indian Oil to set up 1,400 fast EV chargers

    These EV chargers are planned for major cities and key highways, enhancing accessibility and travel convenience

  • IndiGo promoter Rakesh Gangwal invests $20 million in B2B unicorn Zetwerk

    Zetwerk was last valued at $2.8 billion and Gangwal will be investing through Wheelhouse Venture Capital and with that, he joins as a financial investor of the firm.

  • Kae Capital makes final close of new fund at $50 million

    The venture fund said it plans to make follow-on investments exclusively into companies of previous funds, as co-investors with growth-stage funds in Series B, C and D rounds.

  • B2B unicorn Zetwerk appoints Pulkit Bhandari as Chief Financial Officer

    In his role as CFO, Bhandari will be responsible for closely collaborating with the founders on strategy

  • Germ of an idea: How Zetwerk pivoted to write its Make in India story

  • ITC veteran Sanjiv Rangrass joins early-stage VC firm Unitus as venture partner 

  • Zetwerk acquires US-based Unimacts for $39 million, to clock a revenue of $1 billion in FY23

  • Zetwerk-backer Kae Capital marks final close of fund III at $100 million

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