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IPO-bound B2B e-commerce unicorn Zetwerk is raising Rs 600 crore (approximately $70 million) from its promoters through a newly formed entity, Creovate Innovation Private Limited.
The company’s board has passed a special resolution to issue 6.46 crore preference shares to facilitate the fund infusion, as per documents reviewed by Entrackr.
Creovate Innovation was incorporated in March 2025 by Zetwerk’s co-founders Amrit Pratik Acharya and Srinath Ramakkrushnan. According to the…
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.
IPO-bound B2B e-commerce unicorn Zetwerk is raising Rs 600 crore (approximately $70 million) from its promoters through a newly formed entity, Creovate Innovation Private Limited.
The company’s board has passed a special resolution to issue 6.46 crore preference shares to facilitate the fund infusion, as per documents reviewed by Entrackr.
Creovate Innovation was incorporated in March 2025 by Zetwerk’s co-founders Amrit Pratik Acharya and Srinath Ramakkrushnan. According to the…
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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