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Manufacturing startup Zetwerk raises $120 mn to scale global operations

Manufacturing platform Zetwerk has raised $120 million in a Series D round led by US-based Greenoaks Capital and Lightspeed Venture Partners, to continue helping customers translate their digital designs into physical products via flexible manufacturing capacity from small manufacturers (SMEs). Sequoia Capital India and Kae Capital also participated in the round. The latest round brings the total equity capital raised by the company to $193 million. Founded in 2018 by IIT alumni Amrit Acharya, Srinath Ramakkrushnan, Rahul Sharma and Vishal Chaudhary, Zetwerk is modernising the manufacturing industry using proprietary technology and project management techniques that enables growth and higher utilisation for small manufacturers, and ensures efficiency for global customers.

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