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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 collaborates with offline vendors that produce machine parts through casting, machining, and galvanizing. With operations in more than 15 nations, it asserts to provide services to more than 100 clients in over 25 sectors in MEA, North America, India, and other regions, as reported by Entrackr.
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"We are delighted to share that Mr Rakesh Gangwal has invested USD 20 million in Zetwerk through Wheelhouse Venture Capital. Mr Gangwal, with his extensive experience spanning several decades, brings invaluable insights into building businesses and iconic brands. His strategic guidance will be crucial in building Zetwerk into a generational company," the company said in a statement.
Zetwerk has nearly unlimited manufacturing capabilities and capacity, ranging from CNC machining and die casting to 3D printing and apparel production. On Thursday, Entrackr published the news of Zetwerk's most recent investment.
About Zetwerk
Zetwerk was founded in 2018 and provides a wide range of manufacturing services, from quality certification to inventory and supply chain management, to major companies in the precision parts, capital goods, and consumer products categories.
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