Zetwerk gears up for IPO in 12–24 months

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Manufacturing unicorn Zetwerk is planning to go public in the next 12 to 24 months and will start the preparations for its listing in the ongoing fiscal year, founder and chief executive Amrit Acharya told its employees.

He said the company needs to improve productivity, cut inefficiencies and make sure every unit is profitable.

“We must make money daily, so we make it monthly, and then yearly. This means boosting productivity, cutting inefficiencies, introducing automation and ensuring every unit is profitable,” he wrote in a note to employees.

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Zetwerk gears up for IPO in 12–24 months


Manufacturing unicorn Zetwerk is planning to go public in the next 12 to 24 months and will start the preparations for its listing in the ongoing fiscal year, founder and chief executive Amrit Acharya told its employees.

He said the company needs to improve productivity, cut inefficiencies and make sure every unit is profitable.

“We must make money daily, so we make it monthly, and then yearly. This means boosting productivity, cutting inefficiencies, introducing automation and ensuring every unit is profitable,” he wrote in a note to employees.

ET…



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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