{
}
Indian contract manufacturer Zetwerk plans to go public within the next 15 to 24 months, as announced by CEO Amrit Acharya. The company, which recently opened its seventh facility in India to enhance its electronics manufacturing capacity, reported a 26% sales growth to 144.36 billion rupees for the fiscal year ending March 2024, despite a significant increase in net losses to 9.19 billion rupees. With a recent funding round raising US$90 million at a valuation of US$3.1 billion, Zetwerk aims to strengthen its electronics division amid shifting global supply chains.
Indian contract manufacturer Zetwerk plans to go public within 15 to 24 months, as announced by CEO Amrit Acharya. The company, which recently opened its seventh facility in India to enhance electronics manufacturing, reported a 26% sales growth to 144.36 billion rupees for the fiscal year ending March 2024, despite a significant rise in net losses to 9.19 billion rupees. With a recent US$90 million funding round at a US$3.1 billion valuation, Zetwerk aims to bolster its electronics division amid shifting global supply chains.
Zetwerk is planning to pursue an initial public offering (IPO) within the next 24 months, as stated by CEO Amrit Acharya. The company is gearing up for this significant financial milestone, aiming to enhance its market presence and growth potential.
Zetwerk is planning to pursue an initial public offering (IPO) within the next 24 months, as stated by CEO Amrit Acharya. This move indicates the company's growth ambitions and potential for expansion in the market.
Amrit Acharya
People
The information provided herein is generated by experimental artificial intelligence and is for informational purposes only.
Zetwerk plans IPO within two years amid expanding electronics manufacturing capacity
06:20 16.03.2025
Zetwerk plans IPO within two years amid expanding electronics manufacturing capacity
06:20 16.03.2025
Zetwerk plans initial public offering within two years says CEO
20:43 15.03.2025
Zetwerk plans initial public offering within two years says CEO
20:43 15.03.2025
Trending
Subcategory
Corporate News
Stock Market Updates
Industry Trends
Banking Regulations
CEO Changes
Finance Mergers & Acquisitions
Global Financial Events
Industry Mergers & Acquisitions
Central Bank Actions
Market Analysis and Predictions
Workplace Trends
Retail and Consumer Goods
Startups & Entrepreneurship
Financial Scams and Security
Government Economic Policies
Global Trade Developments
Commodities
Corporate Social Responsibility
Energy Sector Developments
Government Policies
Countries:
Companies:
Credit Suisse Strategic Income I
UBS Group AG
JPMorgan Chase & Co.
The Goldman Sachs Group, Inc.
Bank of America Corporation
Citigroup Inc.
Wells Fargo & Company
Morgan Stanley
Barclays PLC
Deutsche Bank RV Global PP
Berkshire Hathaway Inc.
Apple Inc.
Tesla, Inc.
Novartis AG
Volkswagen AG
BNP Paribas SA
NVIDIA Corporation
Microsoft Corporation
Lloyds Banking Group plc
Banco Santander, S.A.
Currencies:
United States Dollar
Swiss Franc
Euro
British Pound Sterling
Indian Rupee
Chinese Yuan
Japanese Yen
United Arab Emirates Dirham
Australian Dollar
Egyptian Pound
South Korean Won
Malaysian Ringgit
Saudi Riyal
Hong Kong Dollar
Danish Krone
Vietnamese Đồng
Polish Złoty
Kuwaiti Dinar
Filipino Peso
Offshore Chinese Yuan
People: