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Recently
Founder stake sale and fresh capital highlight startup deal activity
Startup activity included a founder stake reduction at Ola Electric and a major funding round supporting Zetwerk’s manufacturing expansion.
Startup deal activity remained active as Ola Electric founder Bhavish Aggarwal reduced his shareholding by approximately 2.2% over three days. Separately, manufacturing-focused startup Zetwerk raised $120 million to support capacity expansion and growth initiatives. The developments reflected continued capital movement and ownership changes within India’s startup and industrial technology ecosystem.