# Zetwerk Manufacturing Business Private

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/zetwerk-manufacturing-business-private

- Industry: Industrial Machinery
- Headquarters: Bangalore, India
- Website: www.zetwerk.com
- Total disclosed funding: $731M
- Latest round: Series F (Mar 21, 2025)
- Investors on record: 21

## About

Based in Bangalore, India, founded in 2018, Zetwerk specializes in providing tailored manufacturing solutions through a digital platform. The company was co-founded by Amrit Acharya (CEO as of 2026), Srinath Ramakkrushnan, Rahul Sharma and Vishal Chaudhary. In July 2026, Zetwerk Manufacturing Business Private Limited raised INR 5 billion in pre-IPO funding led by Pantomath Group.

Zetwerk operates as a technology-led, asset-light manufacturing platform that specializes in delivering a diverse range of industrial products. The company focuses on sectors including utilities, renewables, consumer electronics, AI infrastructure, aerospace and defense, oil and gas, and industrial automation. Their core product offerings encompass precision components, fabricated systems, heavy fabrication, and industrial raw materials, which are designed to cater to a broad spectrum of applications. Zetwerk serves a global client base, including 1,100+ customers across 19 countries, such as leading consumer electronics brands and notable companies listed in India’s Fortune 500. Their manufacturing capabilities are supported by a vast network of over 5,400 third-party suppliers across 25 countries, along with 20+ owned facilities situated in India, the United States, Mexico, and Europe.

In the most recent year, 2023, Zetwerk reported a revenue of INR 1,426,489,698.10 and an EBITDA of INR 7,364,699.90, demonstrating its operational performance and capacity to deliver manufacturing services to a wide range of industrial clients.

## Funding rounds

- Series F, Mar 21, 2025, $9M — HDFC Securities, 100Unicorns, Raghuvanshi Investment
- Series F, Dec 18, 2024, $62M — Khosla Ventures, Baillie Gifford, AEX4 LLC
- Series F, Feb 26, 2024, $20M — Wheelhouse Partners
- Series F, May 12, 2023, $118M — Lightspeed Venture Partners, Greenoaks Capital, Steadview Capital Management, Avenir Growth Capital, D1 Capital Partners, Footpath Ventures, Acorn Heavy Industries Worldwide LLC
- Series F, Jan 12, 2022, $213M — Lightspeed Venture Partners, Greenoaks Capital, ICONIQ Capital, Steadview Capital Management, 360 ONE, Avenir Growth Capital, D1 Capital Partners
- Series E, Aug 19, 2021, $121M — Accel, Lightspeed Venture Partners, Hong Shan, Greenoaks Capital, 360 ONE, Avenir Growth Capital, D1 Capital Partners, QED Innovation Labs
- Series D, Feb 4, 2021, $117M — Lightspeed Venture Partners, Hong Shan, Greenoaks Capital, Kae Capital, Kalysta Capital
- Series C, Dec 4, 2020, $10M — Greenoaks Capital
- Series C, Jun 11, 2020, $21M — Accel, Lightspeed Venture Partners, Hong Shan, Greenoaks Capital, Kae Capital, Kalysta Capital
- Series B, Nov 21, 2019, $31M — Accel, Lightspeed Venture Partners, Hong Shan, Greenoaks Capital, Kae Capital
- Series A, Mar 8, 2019, $9.1M — Accel, Hong Shan, Kae Capital, Kalysta Capital
- Seed, Jul 31, 2018, $1.3M — Hong Shan, Kae Capital, Kalysta Capital

## Investors

- Hong Shan — Seed, Series A, Series B, Series C, Series D, Series E
- Kae Capital (https://capitalatlas.ai/funds/kae-capital) — Seed, Series A, Series B, Series C, Series D
- Kalysta Capital (https://capitalatlas.ai/funds/kalysta-capital) — Seed, Series A, Series C, Series D
- Accel (https://capitalatlas.ai/funds/accel) — Series A, Series B, Series C, Series E
- Lightspeed Venture Partners (https://capitalatlas.ai/funds/lightspeed-venture-partners) — Series B, Series C, Series D, Series E, Series F
- Greenoaks Capital (https://capitalatlas.ai/funds/greenoaks-capital) — Series B, Series C, Series D, Series E, Series F
- 360 ONE (https://capitalatlas.ai/funds/360-one) — Series E, Series F
- Avenir Growth Capital (https://capitalatlas.ai/funds/avenir-growth-capital) — Series E, Series F
- D1 Capital Partners (https://capitalatlas.ai/funds/d1-capital-partners) — Series E, Series F
- QED Innovation Labs — Series E
- ICONIQ Capital (https://capitalatlas.ai/funds/iconiq-capital) — Series F
- Steadview Capital Management (https://capitalatlas.ai/funds/steadview-capital-management) — Series F
- Footpath Ventures (https://capitalatlas.ai/funds/footpath-ventures) — Series F
- Acorn Heavy Industries Worldwide LLC — Series F
- Wheelhouse Partners (https://capitalatlas.ai/funds/wheelhouse-partners) — Series F
- Khosla Ventures (https://capitalatlas.ai/funds/khosla-ventures) — Series F
- Baillie Gifford (https://capitalatlas.ai/funds/baillie-gifford) — Series F
- AEX4 LLC — Series F
- HDFC Securities — Series F
- 100Unicorns (https://capitalatlas.ai/funds/100unicorns) — Series F
- Raghuvanshi Investment — Series F