Category: Startups

Zetwerk’s ₹5,012 crore IPO leads this week’s Indian startup news. The manufacturing platform has fixed a ₹143–151 price band, with subscriptions open from 15 to 19 October and listing due on 23 October, even as its FY26 loss widened despite 40% revenue growth. Elsewhere, Hero Electronix-backed Tessolve raised $75 million from Vector Line Capital to fund chip-services acquisitions, Pune’s Quanfluence secured $10 million to build a photonic quantum computer, and Ayurvedic brand Nat Habit closed a ₹142 crore Series C. We break down each deal and explain what the shift towards hardware and deeptech means for founders, engineers and investors.