India, Nov. 25 -- B2B manufacturing startup Zetwerk is reportedly seeking to raise up to $750 Mn via a public issue. The Bengaluru-based contract manufacturing startup has hired Kotak Mahindra Capital, JM Financial, Avendus Capital, and the Indian units of HSBC, Morgan Stanley, and Goldman Sachs to manage its IPO, according to people aware of the development.

Bloomberg reported that Zetwerk plans to submit its draft papers early next year through the confidential filing route.

Sources told Inc42 that the fresh issue will likely dominate the public listing, while there will be an offer for sale (OFS) component as part of the issue.

The company, however, declined to comment on the development.

Founded in 2018 by Amrit Acharya, Srinath R...