Zetwerk plans to confidentially file for Indian IPO in two weeks, sources say

Source: Reuters (via feed)




India’s Zetwerk plans to confidentially file draft papers for an initial public offering within the next one to two weeks. The company aims to raise about $500 million to $550 million through the offering. Approximately $300 million of this amount will come from fresh equity. Two people with direct knowledge provided this information.

BizTrendWire Insight:

Zetwerk’s plan to raise capital through an IPO is confirmed by two sources. The planned amount includes new equity funding.


Read full story on Reuters

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