Post by Chandra R. Srikanth
Executive Editor- technology and startups, Moneycontrol
🚨IPO-bound Zetwerk is backing a new AI robotics startup launched by its co-founder Rahul Sharma. The company will be an equity investor in the US-based venture, while Sharma will transition to a non-executive role, according to people familiar with the matter. The startup will raise additional capital independently to fund its growth. Sharma is not exiting but will delegate his current operating responsibilities as he prepares to lead the new venture. Shreerang Godbole, who heads Zetwerk's Electronics business, is expected to assume those duties. https://lnkd.in/gXW9xZ7g