Zetwerk

Zetwerk

B2B marketplace platform for end to end manufacturing solutions

Founded

2018

Headquarters

Bengaluru (India)

Status

Series F

Company Details

Website

Socials

Email

Phone

+91-7795081665

Zetwerk is a Bengaluru-based company that provides global end-to-end manufacturing supply-chain solutions. Here's a comprehensive overview:

Founding and History

  • Founding Year: 2018

  • Founders: Amrit Acharya, Srinath Ramakkrushnan, Rahul Sharma, and Vishal Chaudhary.

  • Mission: To transform traditional manufacturing by leveraging technology and a managed marketplace model to reduce costs, optimize suppliers, and execute production faster.

Business Operations

  • Services Portfolio: Offers a full spectrum of manufacturing services, including custom-made components, mass production, quality certification, inventory management, and supply chain management.

  • Industries Served: Works with leading players in precision parts, capital goods, consumer goods, aerospace, defense, renewable energy, and more.

  • Global Reach: Operates in over 15 countries, including North America, the Indo-Pacific, and the Middle East, serving over 600 customers.

Technology and Innovation

  • Manufacturing Operating System (MOS): Utilizes proprietary software for project management, ensuring automation, transparency, and quality across operations.

  • Zetwerk Quality Certified (ZQC): Ensures zero quality escapes by inspecting every production part before dispatch.

  • Zetwerk Managed Inventory (ZMI): Provides just-in-time deliveries, reducing lead times significantly.

Partnerships and Funding

  • Partnerships: Collaborates with over 10,000 suppliers globally, offering them visibility and opportunities to work with international clients.

  • Funding: Raised significant funding from investors like Greenoaks Capital, Lightspeed Venture Partners, and Sequoia Capital India.

Market Presence and Impact

  • Revenue Growth: Experienced rapid growth, particularly during the COVID-19 pandemic, as companies adopted the "China Plus One" strategy.

  • Manufacturing Capacity: Offers virtually unlimited manufacturing capacity, enabling quick scaling up or down of production.

Zetwerk is recognized for its innovative approach to manufacturing, leveraging technology to enhance efficiency and quality while reducing costs and lead times for its clients worldwide.

Key People

Amrit Acharya

Rahul Sharma

Srinath Ramakkrushnan

Vishal Chaudhary

Key Metrics

Total Equity Funding

$863.8Million

No. of Funding Rounds

16

Latest Funding Round

$70.0Million, Series F

as of February 12, 2024

Post Money Valuation

$2.97Billion

as of N/A

Funding Multiple

3.59

as of N/A

Investors

Greenoaks

and 4 more

Employee Count

2026

Similar Companies

Procol

Exit Details

-

All Funding Rounds

DateRound NameAmountValuationRevenueRevenue Multiple
Investors
February 12, 2024Series F$70.0Million$3.0Billion--Khosla Ventures, Greenoaks, Avenir Growth Capital, Peak XV Partners, Accel, Aex
February 26, 2024Series F$20.0Million$2.8Billion$1.7Billion- Wheelhouse Ventures
March 31, 2023Series F$124.0Million$2.8Billion$1.4Billion- Avenir Growth Capital, Footpath Ventures, Greenoaks, D1 Capital Partners, Lightspeed
December 15, 2021Series F$210.0Million$2.6Billion$539.0Million-Greenoaks, Iconiq Capital, Avenir Growth Capital, Craig And Hillary Courtemanche, Lightspeed India, D1 Capital Partners
August 19, 2021Series E$150.0Million$1.3Billion$351.0Million-Greenoaks, Accel, Peak XV Partners, Lightspeed India, D1 Capital Partners, D1 Capital Partners Master, Avenir Growth Capital, Aroa Venture Partners, QED Innovation Labs, Greenoaks, Sequoia Capital
March 2, 2021Series D$120.0Million$608.0Million$111.0Million- Greenoaks, Lightspeed India, Sequoia Capital, Kae Capital, Peak XV Partners, Kalysta Capital
June 11, 2020Series C$31.2Million$247.0Million$64.3Million-Greenoaks, Accel, Greenoaks, Kae Capital, Peak XV Partners, Lightspeed India, Kalysta Capital, Sequoia Capital
November 21, 2019Series B$32.0Million$130.0Million$31.9Million-Greenoaks, Lightspeed India, Greenoaks, Accel, Kae Capital, Peak XV Partners, Kalysta Capital, Sequoia Capital
March 8, 2019Series A$9.3Million$32.6Million-- Accel, Kae Capital, Peak XV Partners, Kalysta Capital, Sequoia Capital
July 31, 2018Seed$1.3Million$4.2Million--Kae Capital, Sequoia Capital, Peak XV Partners

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