Zetwerk IPO

About Zetwerk

Zetwerk is a Bengaluru-based B2B manufacturing platform connecting suppliers and customers in sectors such as consumer electronics, home appliances, and aircraft engine components. Operating in the growing contract manufacturing space, it competes with companies like Moglix and OfBusiness. Zetwerk Valuation Zetwerk plans to raise at least $500 million through an IPO, targeting a valuation of approximately $5 billion. The company has raised substantial funding, including $90 million in December 2024, raising its valuation to $3.1 billion. Operations & Performance of Zetwerk For the financial year ending March 31, 2024, Zetwerk achieved a Gross Merchandise Value (GMV) of ₹17,564 crore ($2.10 billion), supported by robust company fundamentals and an effective diversification strategy. The company is actively engaging with family offices, HNIs, and ultra-HNIs for pre-IPO investments. Future Plans of Zetwerk Zetwerk is preparing for an IPO with potential listing within the next 15-24 months. With banks like Axis Capital and Goldman Sachs involved, the company aims to capitalise on its market growth and expand its operational capabilities further.