Zetwerk raises $150 Million at $1.33 Billion Valuation for E-commerce Industry

Zetwerk is a B2B digital marketplace that connects equipment manufacturers and engineering procurement construction companies with small and medium businesses. After the recent investment round the company achieved unicorn status.

The round Series E was led by D1 Capital Partners, as well as already participated investors Greenoaks Capital, Lightspeed Venture Partners, Sequoia, and Accel. The previous investments were spent for fostering the operations inside the country and assist Indian businesses in foreign operations. The current investments are needed for the company’s expansion across the world and technological development.

Zetwerk was founded in 2018 by Amrit Acharya, Srinath Ramakkrushnan, Rahul Sharma, and Vishal Chaudhary. The company provides its customers with more than 15 000 items per month. Such goods as crane parts, doors, machine chassis, etc. More than that Zetwerk assists its client companies in various operations – fabrication, machining, forging, casting. Besides, with the help of Zetwerk Indian businesses can find customers to export their goods in North America and Southeast Asia.

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