Exclusive Zetwerk Initiates IPO Discussions With JP Morgan and Other Bankers

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Exclusive Zetwerk Initiates IPO Discussions With JP Morgan and Other Bankers

ZETWERK, a Bengaluru-based business that operates a B2B marketplace, has joined the increasing number of Indian startups considering an IPO.

According to the sources, the startup’s top management has also had conversations with two or three additional banks. They did, however, clarify that nothing is finalized yet and that the discussions are only in their early stages.

In the next two years, the unicorn, which was recently valued at $2.8 billion, plans to go public.

Zetwerk, which was founded in 2018 by Amrit Acharya, Srinath Ramakkrushnan, Rahul Sharma, and Vishal Chaudhary, links manufacturers with suppliers and distributors to source industrial machine parts.

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