Zetwerk Raises INR 43 Cr Ahead Of IPO

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SUMMARY

The company’s board passed a special resolution to raise the sum through issuance of 9,93,721 Series F3 CCPS at an issue price of INR 432.718 apiece

The funding round was co-led by Arc Investments and Oriental Biotech Limited

This comes amid reports that the B2B manufacturing unicorn is planning to file draft papers for its potential $500 Mn IPO in the next six months

B2B manufacturing unicorn Zetwerk has raised INR 43 Cr (around $5 Mn) in a funding round co-led by Arc Investments and Oriental Biotech Limited.

The…



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Zetwerk Raises INR 43 Cr Ahead Of IPO


SUMMARY

The company’s board passed a special resolution to raise the sum through issuance of 9,93,721 Series F3 CCPS at an issue price of INR 432.718 apiece

The funding round was co-led by Arc Investments and Oriental Biotech Limited

This comes amid reports that the B2B manufacturing unicorn is planning to file draft papers for its potential $500 Mn IPO in the next six months

B2B manufacturing unicorn Zetwerk has raised INR 43 Cr (around $5 Mn) in a funding round co-led by Arc Investments and Oriental Biotech Limited.

The…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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