Startup Profile

Zetwerk

Legal entity: Zetwerk Manufacturing Businesses Private Limited

India's manufacturing marketplace connecting OEMs with contract manufacturers

ManufacturingUnicornMarketplace· Bengaluru, Karnataka· Est. 2018Website ↗
Zetwerk is a Bengaluru-based business-to-business manufacturing platform that connects original equipment makers and infrastructure firms with a network of contract manufacturers and suppliers for custom-made industrial parts and projects. It operates across categories such as industrial machining, fabrication, renewables, consumer electronics, and aerospace. Founded in 2018, it became a unicorn i
Funding raised
₹6500.00 Cr
Total disclosed
Latest valuation
₹25730.00 Cr
Most recent round
Latest revenue
₹14443.00 Cr
FY FY24
Employees
—
FY FY24

Founders

  • Amrit Acharya

    Co-founder and CEO of Zetwerk. IIT Madras electrical engineering graduate who earlier worked at ITC, where coordinating a factory build and hundreds of vendors seeded the idea for Zetwerk.

  • Srinath Ramakkrushnan

    Co-founder of Zetwerk. IIT Madras mechanical engineering graduate with prior experience at companies including BlackBuck.

  • Vishal Chaudhary

    Co-founder of Zetwerk. IIT Kharagpur chemical engineering graduate who previously worked at ITC and Rivigo.

  • Rahul Sharma

    Co-founder of Zetwerk. IIT Roorkee alumnus with prior roles at Schlumberger and BlackBuck.

  • Ankit Fatehpuria

    Co-founder of Zetwerk, part of the founding team that launched the company in 2018.

Funding rounds

  1. Growth / Series F2024-12-01₹581.00 CrLed by Khosla Ventures
  2. Late stage / growth2021-12-29₹1743.00 CrLed by Greenoaks Capital
  3. Series E2021-08-23₹1245.00 CrLed by D1 Capital Partners

Financials

MCA / self-reported
Fiscal yearRevenueProfit / (Loss)Employees
FY24₹14443.00 Cr(₹918.00 Cr)—
FY25₹12798.00 Cr(₹371.00 Cr)—

The full story

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Timeline

  1. 2024-12-0170 million dollar raise at 3.1 billion valuation — Raised 70 million dollars led by Khosla Ventures and Rakesh Gangwal at a 3.1 billion dollar valuation, to expand renewables, consumer electronics and aerospace businesses.
  2. 2021-12-29210 million dollar raise — Raised 210 million dollars led by Greenoaks Capital with ICONIQ, IIFL, Steadview and D1 Capital participating.
  3. 2021-08-23Series E and unicorn status — Raised 150 million dollars led by D1 Capital Partners at a 1.33 billion dollar valuation, becoming a unicorn.
  4. 2018Founded in Bengaluru — Zetwerk founded by Amrit Acharya, Srinath Ramakkrushnan and co-founders; pivoted from a supplier-tracking software idea to a B2B manufacturing marketplace within weeks of launch.

Data sources

  • seed-list + Crunchbase ODM↗ · last fetched 2026-05-28
  • Editorial (press release)↗ · last fetched 2026-05-28
  • Editorial (press release)↗ · last fetched 2026-05-28
  • DPIIT (Startup India)↗ · last fetched 2026-05-28
  • TechCrunch↗ · last fetched 2026-06-01
  • SiliconANGLE↗ · last fetched 2026-06-01
  • Entrackr↗ · last fetched 2026-06-01
  • Inc42 (Zetwerk financials)↗ · last fetched 2026-06-01
  • StartupTalky↗ · last fetched 2026-06-01
Updated 2026-06-01