Tag Archives: IndiGo Airlines

“Zetwerk Secures ₹165 Crore Investment from Indigo’s Rakesh Gangwal”

Indigo Promoter Rakesh Gangwal Invests ₹165 Crore in Zetwerk; Sets Sights on Aviation Divestment

In a significant move indicative of cross-sector investment dynamics, Rakesh Gangwal, the prominent figure behind India's leading airline, Indigo Airlines, has injected ₹165 crore into Zetwerk, a burgeoning unicorn startup. Zetwerk, celebrated for its prowess in the manufacturing sector, disclosed this strategic investment on Thursday, marking the final leg of its ongoing funding round. The infusion from Gangwal has stamped the company with a formidable valuation of ₹23,157 crore, highlighting the confidence of investors in its trajectory.

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