Total amount raised
$873.3 Millions
Latest funding date
Location
Zetwerk has successfully raised significant capital through multiple funding rounds, achieving a valuation of $3.1 billion as of February 2025. The platform offers comprehensive manufacturing solutions, catering to a wide range of industries.
Keep reading to explore the intricacies of Zetwerk's fundraising journey and the investors backing this innovative platform.
What Is Zetwerk?
Zetwerk, founded in 2018, is headquartered in Bengaluru, Karnataka, India. The company was established by Amrit Acharya, Rahul Sharma, Srinath Ramakkrushnan, and Vishal Chaudhary.
Specializing in end-to-end manufacturing supply chain solutions, Zetwerk connects large manufacturing companies with vendors and suppliers for customized products. Their platform offers collaboration tools for buyers and suppliers, as well as execution tools to fulfill orders.
With a workforce of 1001-5000 employees, Zetwerk operates a business-to-business marketplace that provides access to a nationwide network of manufacturing facilities, enabling businesses to procure custom products and machine parts efficiently.
How Much Funding Has Zetwerk Raised?
- Series E
- Amount Raised: $150M
- Date: August 2021
- Lead Investors: D1 Capital Partners
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To expand its manufacturing capabilities and enter new markets.
- Series F
- Amount Raised: $210M
- Date: December 2021
- Lead Investors: Greenoaks
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To scale operations and enhance technological infrastructure.
- Debt Financing
- Amount Raised: ₹5B
- Date: October 2021
- Lead Investors: TradeCred
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To support working capital needs and operational expenses.
- Debt Financing
- Amount Raised: ₹1B
- Date: March 2023
- Lead Investors: Edelweiss Financial Services
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To strengthen financial stability and support growth initiatives.
- Series F
- Amount Raised: ₹9.7B
- Date: October 2023
- Lead Investors: Avenir
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To expand into new sectors and enhance product offerings.
- Debt Financing
- Amount Raised: -
- Date: February 2024
- Lead Investors: BlackSoil
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To support operational costs and strategic investments.
- Series F
- Amount Raised: ₹1.7B
- Date: March 2024
- Lead Investors: Wheelhouse Ventures
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To accelerate growth and prepare for an IPO.
- Series F
- Amount Raised: $70M
- Date: December 2024
- Lead Investors: Khosla Ventures, Rakesh Gangwal
- Valuation at Round: $3B
- Motivation Behind the Round: To expand into priority sectors and prepare for an IPO.
- Series F
- Amount Raised: $5M
- Date: March 2025
- Lead Investors: ARC Investments, Oriental Biotech
- Valuation at Round: $3.1B
- Motivation Behind the Round: To increase valuation and attract long-term investors.
Total Amount Raised: $435M
Current Valuation: $3.1B
Key Investors
- Khosla Ventures
- Details: Khosla Ventures is a Silicon Valley-based venture capital firm founded by Vinod Khosla. It focuses on early-stage investments in technology and innovation.
- Investment Focus Areas: Technology, renewable energy, consumer electronics, aerospace, IT hardware.
- Notable Investments: Square, DoorDash, Impossible Foods, Stripe.
- Rakesh Gangwal
- Details: Rakesh Gangwal is the co-founder of Indigo Airlines, one of the largest airlines in India. He is known for his strategic investments in various sectors.
- Investment Focus Areas: Aviation, technology, various other sectors.
- Notable Investments: Indigo Airlines.
- Baillie Gifford
- Details: Baillie Gifford is a UK-based investment management firm known for its long-term growth investment strategy. It manages assets for a wide range of clients globally.
- Investment Focus Areas: Long-term growth companies, technology, innovation.
- Notable Investments: Tesla, Amazon, Alibaba.
- Greenoaks
- Details: Greenoaks is a global investment firm that focuses on technology and growth companies. It has a strong track record of backing successful startups.
- Investment Focus Areas: Technology, consumer internet, software.
- Notable Investments: Brex, Robinhood, Coupang.
- D1 Capital Partners
- Details: D1 Capital Partners is a global investment firm that combines the flexibility of a hedge fund with the long-term focus of private equity. It was founded by Daniel Sundheim.
- Investment Focus Areas: Technology, healthcare, consumer, financial services.
- Notable Investments: Stripe, SpaceX, Instacart.
What's Next for Zetwerk?
Zetwerk's future is brimming with opportunities, particularly in renewable energy, consumer electronics, and aerospace. With renewable energy already contributing 40% of its revenue, the company is poised to capitalize on the growing demand in this sector. Additionally, its expansion into electric vehicle manufacturing and IT hardware presents significant growth potential.
As Zetwerk prepares for an IPO next fiscal year, aiming to raise $1 billion, it is strengthening its cap table to attract long-term investors. This move will support its ambitious plans for global expansion and diversification into high-demand sectors.
However, challenges lie ahead. Managing operational complexities and competition from peers like Infra.Market and Moglix will be crucial. Ensuring a successful IPO and maintaining investor confidence will also be key hurdles as Zetwerk navigates its path forward.
Use Clay to Get Funding Data
Sales professionals, leverage Clay's platform to access comprehensive fundraising data on companies like Zetwerk and gather other critical business insights. Sign up for free today and unlock the potential to drive your sales strategy with actionable intelligence.
