Zetwerk raises fresh funding from Accel, Sequoia Capital
27 March 2019 1:43 AM GMT
Zetwerk aims to build the world?s largest procurement platform focused on manufacturing.Zetwerk raised a $1.2 million seed funding round from Kae Capital and Sequoia in August
- Mumbai: Zetwerk, a business-to-business platform for custom manufacturing, has raised $9 million in a Series A round from new investor Accel Partners and existing investors-Sequoia Capital and Kae Capital.
- Founded by Indian Institute of Technology (IIT) Madras alumni Amrit Acharya and Srinath Ramakkrushnan, Zetwerk is a technology platform for on-demand manufacturing of custom products.
- On the demand side, it works with mid-to-large OEM (original equipment manufacturers) companies from India and South-East Asia, who want to procure custom products and machine parts that are not available off-the-shelf.
- The startup aims to build the world's largest procurement platform focused on manufacturing, said co-founder and CEO Acharya.
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