in

Manufacturing Services, Zetwerk Tops Up Series A Funding

Bengaluru-based Zetwerk, an online marketplace that connects buyers and suppliers for manufacturing jobs. It has raised $9 million (Rs 62 crore at current exchange rates) in a fresh round of funding.

In a press note, Zetwerk Pvt. Ltd, which operates the company, stated that it had raised the sum as part of its Series A round from venture capital firms Sequoia India, Accel and Kae Capital. It did not mention how it would utilise the funds.

Prior to this, the company had raised $1.2 million in a seed round in August 2018.

The startup was founded in 2015 by Amrit Acharya and Srinath Ramakkrushnan. The company connects mid-to-large original equipment manufacturers from India and Southeast Asia who need custom products and machine parts with companies who can meet this demand.

This post was created with our nice and easy submission form. Create your post!

FavoriteLoadingAdd to favorites

What do you think?

0 points
Upvote Downvote

Total votes: 0

Upvotes: 0

Upvotes percentage: 0.000000%

Downvotes: 0

Downvotes percentage: 0.000000%

Comments

Leave a Reply

Your email address will not be published. Required fields are marked *

Loading…

Comments

comments

Microlending Startup RedCarpet Gets Fresh Capital

Japan’s GameWith Invests In e-Sports Startup GamingMonk