Zetwerk, one of India’s most successful manufacturing startups, is preparing for one of the largest IPOs from the industrial-tech sector. The company is aiming to raise around $750 million, signaling its strong confidence in global demand and long-term expansion. To support this major move, Zetwerk has appointed six leading investment bankers. These include top domestic and global financial players who will guide the company through the entire listing process. This marks a major milestone for the Bengaluru-based firm, which has grown rapidly in just a few years and now works with companies across several continents.
The company plans to file its draft IPO papers early next year through a confidential route. This allows them to prepare quietly while finalising financial details, investor structures and long-term business plans. The move reflects how bold and ambitious Zetwerk has become as it positions itself as a global manufacturing leader.
Zetwerk’s Growing Role in Modern Manufacturing
Zetwerk was founded in 2018 with a simple goal: making manufacturing easier for businesses of all sizes. Today, it has grown into a full-stack manufacturing and supply chain partner. In simple words, Zetwerk helps companies make products and deliver them on time. The company connects them with trusted factories, oversees production, ensures quality, manages logistics and handles delivery. Its work covers many sectors such as industrial machinery, electronics, renewable energy components, electric vehicle parts and consumer hardware.
Over the last few years, Zetwerk has expanded beyond India and now works with factories in the United States, Germany, Spain, Vietnam and Mexico. This global presence allows them to meet the needs of international companies and build products faster and cheaper. One of its latest achievements is the launch of a large electronics manufacturing facility in Chennai. This 15-acre plant will produce important components for home appliances and IT hardware. When fully operational, it is expected to create more than a thousand jobs and become one of the company’s core production hubs.
Why an IPO Makes Sense Now
The decision to go public comes at a time when Zetwerk is scaling rapidly across new product categories. The funds raised through the IPO will mainly come from a fresh issue of shares, giving the company more capital to expand operations. Zetwerk wants to build new manufacturing units, upgrade technology, increase supply chain capacity and support more global clients. As demand for electronics, renewable energy equipment and EV components grows worldwide, Zetwerk sees a big opportunity to lead in these markets.
Investor confidence in the company has also been strong. Zetwerk recently secured a major financing facility through institutional lenders, reflecting trust in its business model and long-term plans. An IPO will further strengthen its financial base and give it more visibility among global investors.
What the IPO Means for India’s Startup and Manufacturing Ecosystem
If successful, Zetwerk’s IPO will send a powerful message to India’s startup ecosystem. It will show that manufacturing and industrial-tech startups can scale just as fast as companies in fintech or ecommerce. For India, which aims to become a global manufacturing powerhouse, Zetwerk’s growth is a positive sign. It highlights how technology, innovation and strong supply chain networks can make Indian companies globally competitive.
The IPO will also encourage more hardware and deep-tech startups to consider public listing as a natural next step in their journey. As Zetwerk continues to grow, it will create more jobs, increase exports and support India’s shift towards high-quality, globally focused manufacturing.
The Bigger Picture in Simple Words
Zetwerk acts like a behind-the-scenes builder for the world. It helps companies make important parts and products quickly and reliably. Now, with the upcoming IPO, it wants to grow even bigger. The $750 million funding will help it build more factories, reach more countries and support more businesses. For India, this is not just a company success story but a sign that the country’s manufacturing future is bright and full of possibilities.