Zetwerk Company Profile, Funding News & Updates

The Bengaluru-based company has hired Kotak Mahindra Capital, JM Financial, Avendus Capital, and the Indian divisions of HSBC, Morgan Stanley, and Goldman Sachs to handle the share sale, the people said, requesting anonymity because the details are private.

CEO Amrit Acharya told employees that the process will start soon, with a focus on boosting productivity, cutting inefficiencies, and making sure each business unit is financially stable.

Indian startups raised capital to expand and become more successful. Here is this week’s Top Indian Startups Funding Roundup – 16 December – 20 December 2024.

Zetwerk, a contract manufacturing startup, has raised $70 million in a series F funding round led by Khosla Ventures and Rakesh Gangwal, co-founder of IndiGo Airlines, valuing the company at $3.1 billion. 

Discover the top Manufacturing Tech Startups in India revolutionizing traditional processes with robotics, AI, IoT, 3D printing, and more.

Zetwerk, a manufacturing services company, plans to increase its production capacity for laptops, smartphones, wearables, and telecom equipment by investing about ₹1,000 crores.

Zetwerk, a B2B manufacturing network based in Bengaluru has raised USD 20 million from Rakesh Gangwal, co-founder of the airline Indigo, via Wheelhouse Venture Capital, his investment firm.

Zetwerk, a B2B ecommerce unicorn, secured $120 million in its Series F funding round, which was led by Avenir Growth Capital and included previous backers Lightspeed, Greenoaks Capital, and Steadview Capital.