Zetwerk Manufacturing, a B2B online marketplace, has completed three rounds of share buybacks worth $8.3 million (around ₹60.92 crore) from its employees and early investors, the Bengaluru-based startup said on Wednesday.
Zetwerk has over 400 employees and a large section of them participated in the employee stock options (ESOPS) liquidation process to augment their wealth, as per the startup. It also enabled exits for early-stage investors.
