Sunday, 5 July 2020

Startup Funding Alert: Returning investor Greenoaks Capital leads $21 mn funding round in Zetwerk


Zetwerk Manufacturing Businesses, a B2B manufacturing services marketplace, has raised $21 million (Rs 160 crore) in a Series C funding round led by returning investor Greenoaks Capital.

Returning investors Accel, Kae Capital, Lightspeed and Sequoia Capital India also participated in the round, as per a statement.

Zetwerk CEO Amrit Acharya founded the company in 2018 with fellow Indian Institute of Technology, Madras alumnus Srinath Ramakkrushnan. The platform connects original equipment manufacturers (OEM) and engineering procurement construction (EPM) companies with small and medium enterprises (SMEs) for on-demand manufacturing services. It helps customers with procurement of custom products, real-time tracking and project management services, and assists SMEs to utilise their manufacturing capacities.

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Returning investor Greenoaks Capital leads $21 mn funding round in Zetwerk

Zetwerk Manufacturing Businesses, a B2B manufacturing services marketplace, has raised $21 million (Rs 160 crore) in a Series C funding round led by returning investor Greenoaks Capital. Returning investors Accel, Kae Capital, Lightspeed and Sequoia India also participated in the round, as per a statement.

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