Zetwerk Logs Talks on $1 Billion Raise Amid Potential IPO Plans
Bangalore (AlaryanaNews) - Indian supply chain startup Zetwerk Pvt Ltd has initiated discussions with investment banks as it considers diverse fundraising options, including an initial public offering (IPO), to potentially raise up to $1 billion.
According to sources close to the matter who preferred anonymity due to the private nature of the information. If successful, a potential IPO listing in Mumbai is set to materialize by early next year, with investors projecting that it will significantly value the company at several billion dollars.
Backed by prominent investors such as Peak XV Partners and Lightspeed India Partners, Zetwerk has been garnering significant attention from financiers looking to support its rapid growth trajectory. With a focus on revolutionizing India's logistics landscape, Zetwerk is preparing for its monumental journey in capital markets with this potentially ground-breaking announcement.
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