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Startups & Venture·October 9, 2026·1 min read

Zetwerk Is Said to Plan Up to $525 Million India IPO Next Week

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A $525 million IPO for an Indian manufacturing platform underscores how public markets are warming to ‘picks-and-shovels’ plays in supply chain and industrialization. For operators in physical industries, this is a green light to frame your story as infrastructure and resilience, not just software.

Startups & Venture

Firmus Is Said to Explore Raising $3 Billion After Shelving IPO

A hyperscale data center operator walking away from one of Australia’s largest prospective IPOs to chase $3 billion in private capital says more about capital structure than demand—AI infra is still bankable, but operators want flexibility over quarterly scrutiny. If you’re building in this stack, assume private rounds and structured deals, not public markets, will fund the next build cycle.