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Zetwerk Unicorn

Zetwerk Manufacturing Businesses Limited ● Bengaluru, Karnataka ● Founded 2018 ● zetwerk.com ↗

As a technology-led, asset-light manufacturing platform, we deliver diversified industrial products across sectors including utilities, renewables, consumer electronics, AI infrastructure, space & defence, oil & gas, and industrial automation and aerospace both in India and globally.

Amrit Acharya · Co-founder & CEO Srinath Ramakkrushnan · Co-founder & COO Rahul Sharma · Co-founder & MD, Precision Business (Electronics) Vishal Chaudhary · Co-founder & MD, Aerospace & Defence
$794.36 MnTotal funding (tracked)
13Funding rounds
12 Dec 2024Last round

Zetwerk: Funding Rounds

Date Round Amount Investors Source
12 Dec 2024 Series F3 ₹565 Cr (~$67 Mn) Khosla Ventures Acron Heavy Industries AEX4 LLC The Chinkerpoo Family Trust The Schiehallion Fund source
7 Mar 2024 Series F2 ₹166.28 Cr (~$20 Mn) Wheelhouse Venture Capital source
18 Oct 2023 Series F2 ₹966.7 Cr (~$118 Mn) Avenir Growth Capital D1 Capital Partners Footpath Ventures Greenoaks Capital Lightspeed Venture Partners Steadview Capital source
28 Dec 2021 Series F $210 Mn Greenoaks Capital D1 Capital Partners ICONIQ Growth IIFL Steadview Capital source
23 Aug 2021 Series E $150 Mn D1 Capital Partners Accel Avenir Growth Capital Cem Garih Greenoaks Capital IIFL Kunal Shah Lightspeed Venture Partners Ritesh Agarwal Sequoia Capital India source
1 Jun 2021 Debt $30 Mn Mars Growth Capital MUFG Fund source
3 Feb 2021 Series D $120 Mn Greenoaks Capital Lightspeed Venture Partners source
1 Jul 2020 Series C ₹156.4 Cr (~$20.8 Mn) Accel Greenoaks Capital A. Venkatachalam Kae Capital Kalysta Capital Fund Lightspeed Venture Partners Sequoia Capital India Subhsiah Vellayan source
1 Jan 2020 Debt ₹16 Cr InnoVen Capital source
11 Dec 2019 Series B $32 Mn Accel Greenoaks Capital Kae Capital Lightspeed Venture Partners Maninder Gulati Sequoia Capital India Vaibhav Gupta source
1 Dec 2019 Debt ₹100 Cr debt (bank/NBFC consortium) source
27 Mar 2019 Series A $9 Mn Accel Kae Capital Rajesh Yabaji Sanjeev Rangrass Sequoia Capital India source
1 Aug 2018 Seed $1.2 Mn Kae Capital Rajesh Yabaji Sanjeev Rangrass Sequoia Capital India source

Acquisitions

DateAcquirerAcquiredAmountSource
12 Aug 2025 Zetwerk Kryfs Power Components ₹238 Cr in preference shares (51% stake) source
30 Nov 2022 Zetwerk Unimacts $39 Mn (valuation) source
1 Jul 2022 Zetwerk Sharp Tanks Part of a combined ₹100 Cr across 3 deals (individual amount undisclosed) source
1 Jul 2022 Zetwerk Pinaka Aerospace Solutions Part of a combined ₹100 Cr across 3 deals (individual amount undisclosed) source
1 Jul 2022 Zetwerk Wheels India Wardha Facility Part of a combined ₹100 Cr across 3 deals (individual amount undisclosed) source

Recent Signals

  • 10 Jul 2026 · regulatory
    SEBI clears Zetwerk's confidential IPO filing source
  • 30 Jul 2025 · financial
    Co-founders infuse ₹600 Cr into Zetwerk via new vehicle Creovate Innovation ahead of IPO source
  • 18 Mar 2022 · regulatory
    Income Tax Department raids Zetwerk offices and founders' homes on suspected tax evasion source
  • 23 Aug 2021 · funding
    Zetwerk enters unicorn club with $150 Mn Series E led by D1 Capital Partners source

News on Zetwerk

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FAQs on Zetwerk

Who founded Zetwerk?

Zetwerk was founded by Amrit Acharya, Srinath Ramakkrushnan, Rahul Sharma, Vishal Chaudhary in 2018.

How much funding has Zetwerk raised?

Zetwerk has raised $794.36 Mn across 13 tracked funding round(s), most recently on 2024-12-12. Figures are compiled from cited public sources.

Who are the investors in Zetwerk?

Investors in Zetwerk include Khosla Ventures, Acron Heavy Industries, AEX4 LLC, The Chinkerpoo Family Trust, The Schiehallion Fund, Wheelhouse Venture Capital, Avenir Growth Capital, D1 Capital Partners.

What does Zetwerk do?

As a technology-led, asset-light manufacturing platform, we deliver diversified industrial products across sectors including utilities, renewables, consumer electronics, AI infrastructure, space & defence, oil & gas, and industrial automation and aerospace both in India and globally.

Where is Zetwerk headquartered?

Zetwerk is headquartered in Bengaluru, Karnataka, India.

What is Zetwerk's business model?

Zetwerk's core value proposition centers on Technology-led, asset-light manufacturing platform, Cost efficiency via optimised sourcing, Faster time to market.

How does Zetwerk make money?

Zetwerk's cited revenue streams include Trading activities, Manufacturing services, Construction and project contracts.

Sources & corrections. Every fact on this page is compiled from cited public sources — follow the "source" links beside each entry. Profile sources: www.zetwerk.com · Last verified 5 Sep 2026. · Report a correction