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Zetwerk targets $2.6 billion valuation in India IPO

Original: Peak XV, Accel-backed Zetwerk seeks $2.6 billion valuation in India IPO

Zetwerk, the Indian manufacturing marketplace backed by Peak XV Partners and Accel, is seeking a $2.6 billion valuation in an upcoming initial public offering. The planned listing adds to a wave of venture-backed Indian startups heading to public markets, and investors are watching whether the firm can secure its target after previous funding rounds at higher valuations.

Why now: News of a major startup IPO filing drew attention amid renewed momentum in India's public listings market.

ZetwerkPeak XV PartnersAccelIndia

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Evidence

• Peak XV, Accel-backed Zetwerk seeks $2.6 billion valuation in India IPO · Reuters

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