Zetwerk Revenue, Valuation, Funding & Investors
Zetwerk is valued at $3.1B as of March 2025.
Last Zetwerk valuation
$3.1B
Series F · Mar 2025
Last Zetwerk funding round
$52M
Undisclosed stage · Jul 2026
Zetwerk revenue
$102M
Series E · Aug 2021
Key investors in Zetwerk
Peak XV Partners
Greenoaks
Kae Capital
Lightspeed Venture Partners
Accel
D1 Capital Partners
About Zetwerk
Zetwerk is a Bengaluru-headquartered online manufacturing marketplace connecting enterprises with a network of over 6,000 vetted suppliers across India. The platform facilitates procurement of custom components like machined parts, castings, forgings, and assemblies for industries including renewables, defense, and heavy machinery. Zetwerk serves clients such as Siemens, GE, and L&T, offering end-to-end supply chain management from design validation to delivery. Founded in 2018, the company operates facilities in states like Karnataka, Tamil Nadu, and Maharashtra, enabling rapid prototyping and large-scale production with quality certifications including ISO 9001.
Founded
2018
HQ
BangaloreWebsite
Status
Privately held
Customer focus
B2B
Revenue model
Commission, Subscription
Revenue
$102M (Aug 2021)
Valuation
$3.1B (Mar 2025)
Zetwerk Valuation
Zetwerk is currently valued at $3.1B, based on its Series F in March 2025.
The $5M round was led by ARC Investments and Oriental Biotech, with participation from Stargazer Ventures.
Zetwerk's valuation has grown 5.2x from $600M at its Series D in February 2021 to $3.1B in March 2025, across 6 priced rounds.
Zetwerk valuation by funding round
Revenue multiple| Date | Stage | Valuation | Revenue Multiple |
|---|---|---|---|
| Mar 2025 | Series F | $3.1B | - |
| Dec 2024 | Series F | $3B | - |
| Dec 2021 | Series F | $2.7B | - |
| Aug 2021 | Series E | $1.3B | 13.0x |
| Mar 2021 | Secondary | $600M | - |
| Feb 2021 | Series D | $600M | 5.9x |
Zetwerk Revenue
Zetwerk's latest recorded revenue is $102M, as of its Series E in August 2021. At a $1.3B valuation, that implies a 13.0x revenue multiple.
Revenue moved from $102M in February 2021 to $102M in August 2021, while the revenue multiple moved from 5.9x to 13.0x.
Zetwerk revenue by funding round
| Date | Revenue * | Valuation | Revenue Multiple | Stage |
|---|---|---|---|---|
| Aug 2021 | $102M | $1.3B | 13.0x | Series E |
| Feb 2021 | $102M | $600M | 5.9x | Series D |
* Revenue (or ARR) figures are the values recorded alongside each funding round. Typically run-rate revenue at the time of the deal, or a reported LTM (last 12 months) revenue.
Zetwerk Funding History
Zetwerk has raised a total of $807M across 12 funding rounds, plus 1 secondary share sale.
Zetwerk's first fundraising round was a $1M seed round in August 2018. The most recent completed round was a $52M undisclosed-stage round in July 2026.
Zetwerk funding rounds
| Date | Stage | Investors | Raised | Valuation | Deal Summary |
|---|---|---|---|---|---|
| Jul 2026 | Undisclosed stage | Bharat Value Fund (lead) | $52M | - | Zetwerk raised ₹500 crore from Bharat Value Fund in a pre-IPO funding round in July 2026, with sources valuing the company at about USD 4 billion. The round was reported as part of Zetwerk’s run-up to its IPO, shortly after SEBI approval, and was described as strengthening the company’s balance sheet ahead of its public market debut. The investment was positioned as pre-IPO capital to support Zetwerk’s next stage of growth and public listing preparations. Reports also said the company was in discussions with a group of high-net-worth individuals alongside Bharat Value Fund, and that the expected IPO would include both fresh capital and an offer for sale. Zetwerk is a Bengaluru-based B2B manufacturing platform and contract manufacturer serving enterprise customers across industrial supply chains. The company has been described in the reports as a manufacturing unicorn with a large operating footprint and a focus on scaling ahead of its listing. |
| Mar 2025 | Series F | ARC Investments (lead); Oriental Biotech (lead); Stargazer Ventures | $5M | $3.1B | - |
| Dec 2024 | Series F | Khosla Ventures (lead); Rakesh Gangwal (lead); Baillie Gifford | $70M | $3B | Zetwerk is a managed marketplace for contract manufacturing that connects over 2,000 customers with more than 10,000 suppliers across India, the US, Vietnam, and Mexico. The company operates a technology-enabled platform that handles vendor selection, quality control, and supply chain management for industrial manufacturing across sectors including renewables, aerospace and defense, consumer electronics, and precision manufacturing. In 2024, Zetwerk successfully raised approximately $90 million in funding at a post-money valuation of $3.1 billion, increasing from its prior valuation of $2.7 billion. The funding round was led by Khosla Ventures and IndiGo Airlines co-founder Rakesh Gangwal, with participation from new investor UK-based Baillie Gifford and existing backers Greenoaks and Avenir Growth. For the financial year ending March 31, 2024, Zetwerk reported operating revenue of Rs 14,436 crore (approximately $1.73 billion) with a 25 percent year-on-year increase. The company generated Adjusted EBITDA of Rs 191 crore during the same period, representing a modest increase from Rs 188 crore in the prior fiscal year. Zetwerk's gross merchandise value reached Rs 17,564 crore (approximately $2.1 billion), with 35 percent growth driven by international expansion and business restructuring. International markets accounted for approximately 20-21 percent of total revenue, with the US becoming a significant contributor. The company serves 80-85 percent repeat customers, demonstrating strong customer retention and confidence in its supply chain solutions. Following the funding round, Zetwerk indicated plans for an IPO in 2025-26 and aims to achieve annual growth of 30-35 percent while continuing to invest in its technology platform and market expansion across renewables, electronics, and aerospace sectors. |
| Mar 2024 | Series F | Wheelhouse Ventures (lead); Force Ventures | $20M | - | Zetwerk is a Bengaluru-based contract manufacturing platform founded in 2018 by Amrit Acharya, Rahul Sharma, Srinath Ramakkrushnan, and Vishal Chaudhary, providing comprehensive manufacturing solutions through its proprietary ZETWERK OS that streamlines supplier selection, order tracking, quality control, and production for sectors like renewables, consumer electronics, aerospace, and precision manufacturing. The company operates a digital B2B marketplace connecting buyers with over 10,000 suppliers across India, the US, Vietnam, and Mexico, serving more than 2,000 customers worldwide with 21% of business from international markets like North America and Europe. It achieved unicorn status in 2021 with a $1.3B valuation after raising $150M led by D1 Capital Partners. In March 2024, Zetwerk raised $20M in its Series F round led by Wheelhouse Ventures (with Rakesh Gangwal investing via Wheelhouse Venture Capital), aimed at expanding into new sectors and geographies while preparing for an IPO. This was followed by additional 2024 raises including $70M in December led by Khosla Ventures and Rakesh Gangwal (totaling ~$90M for the year), which valued the company at $3.1B post-money, up from $2.7B in 2023 and $2.8B enterprise value referenced earlier in the year. Total funding raised to date exceeds $740M-$873M across equity and debt rounds, with prior debt financings like $32M from TradeCred in 2021 and $12M from Edelweiss in 2023 supporting non-dilutive expansion. Traction includes FY2024 Gross Merchandise Value (GMV) of ₹17,564 crore (~$2.1B), with 92% from industrials and 80-85% from repeat customers; as of September 2024, orders stood at INR 12,839 Cr (~$1.51B) group-wide and lifetime GMV reached $5B. Zetwerk focuses on supply chain diversification amid geopolitical shifts, with 20% of supply base outside India. |
| Oct 2023 | Series F | Avenir (lead); Greenoaks; Elev8 Venture Partners; Footpath Ventures; Steadview Capital; Lightspeed Venture Partners; D1 Capital Partners | $116M | - | Zetwerk is a Bengaluru-based manufacturing services platform founded in 2018 by Amrit Acharya, Srinath Ramakkrushnan, Rahul Sharma, and Vishal Chaudhary. It connects manufacturing companies with vendors and suppliers for customized products, including industrial machine components, pipes, aircraft engine parts, CNC machining, die casting, 3D printing, and apparel production. The company operates as a marketplace for manufacturing jobs and acquired Unimacts in a cash-and-equity deal valued at $39 million in November 2022 to access US solar and wind-power customers. In October 2023, Zetwerk raised approximately $118 million (Rs 966.7 crore) in its Series F2 funding round, led by Avenir Capital with Rs 617 crore ($75.2 million). Footpath Ventures invested Rs 193 crore ($23.5 million), while Greenoaks Capital, Steadview Capital, D1 Capital, Lightspeed, and Elev8 Venture Partners contributed Rs 156 crore together. The post-money valuation remained flat at around $2.7 billion, matching the $2.68 billion valuation from its prior $210 million round led by Greenoaks in December 2021. Avenir holds a 4.7% stake post-round, with Lightspeed at 11.72% and Peak XV Partners at 13.91%. The funding supports expansion into new sectors and geographies, with preparations for an IPO. Zetwerk had raised $674 million in total funding to date at that point. Subsequent developments include a 2024 funding round of $90 million led by Rakesh Gangwal and Khosla Ventures, with participation from Baillie Gifford, Greenoaks, and Avenir, increasing valuation to $3.1 billion. For FY24 ending March 31, 2024, it reported GMV of ₹17,564 crore ($2.1 billion), with 92% from industrial segments like renewables and precision manufacturing, 21% international revenue, $5 billion lifetime GMV, over 2,000 customers, and 10,000+ suppliers. |
| Dec 2021 | Series F | Greenoaks (lead); ICONIQ Capital; Steadview Capital; IIFL Finance; D1 Capital Partners | $210M | $2.7B | Zetwerk is a Bangalore-based manufacturing services platform founded in 2018 that connects OEMs and EPC customers with small businesses and enterprises for custom-made products across industries like infrastructure, oil & gas, steel, aerospace, medical devices, apparel, and luxury goods. Its offerings include CNC machining, die casting, 3D printing, and apparel production, with capabilities ranging from simple pipes to complex aircraft engine parts. The company provides a console for sharing product blueprints, a companion app, and project management features to streamline manufacturing projects. In December 2021, Zetwerk raised $210 million in funding led by Greenoaks Capital Partners, with participation from ICONIQ Capital, IIFL Finance, Steadview Capital, and D1 Capital Partners. This round valued the company at approximately $2.68 billion, following a prior $150 million Series E at $1.33 billion valuation earlier in 2021. The round was described as ongoing, with potential for additional capital or debt financing. By this time, Zetwerk had raised over $600 million total since inception and served over 2,000 suppliers who manufactured more than 10 million parts in 2021, up from 1 million the prior year, with strong growth in consumer goods accounting for 15% of total revenues shortly after launch. Earlier rounds included a $120 million Series D in February 2021 led by Greenoaks and Lightspeed, valuing Zetwerk between $600-700 million post-money, and a $120 million Series F later with similar investors. The company reported revenue tripling to $128 million in 2021 per prior reporting, with operating revenue jumping to INR 4,960 crore in FY22 from INR 835 crore in FY21, and around Rs. 11,500 crore in FY23. Zetwerk expanded into IT hardware, EV components, and consumer electronics, acquiring four companies for $50 million cumulatively and setting aside INR 1,000 crore for electronics manufacturing investments. |
| Aug 2021 | Series E | D1 Capital Partners (lead); Greenoaks; Ritesh Agarwal; Fethi Kamisli; Lightspeed Venture Partners; Avenir; IIFL Finance; Accel; Kae Capital; Peak XV Partners; Cem Garih; Kunal Shah | $150M | $1.3B | Zetwerk is a B2B digital manufacturing marketplace founded in 2018 that connects original equipment manufacturers (OEMs) and engineering procurement construction (EPC) companies with manufacturing small businesses and enterprises across India and internationally. The platform serves industries including oil and gas, renewable energy, consumer goods, electric vehicles, aerospace, and capital goods, offering services such as fabrication, machining, forging, and casting with access to over 15,000 items per month and more than 4,000 suppliers globally. In August 2021, Zetwerk raised $150 million in Series E funding led by D1 Capital Partners at a $1.33 billion post-money valuation, achieving unicorn status and becoming India's 25th unicorn that year. The round included new investors Avenir Growth and IIFL Asset Management alongside existing investors Greenoaks Capital, Lightspeed Venture Partners, Sequoia Capital, and Accel Partners, plus angel investors including Kunal Shah of CRED and Ritesh Agarwal of OYO. The funding came approximately six months after a $120 million Series D round led by Greenoaks Capital and Lightspeed in February 2021, which had valued the company at $600-700 million. Zetwerk demonstrated strong traction heading into the Series E round, nearly tripling revenue to Rs 949 crore in fiscal year 2020-21 from Rs 360 crore the prior year, serving over 600 customers and claiming to be EBITDA positive. The company stated that over 100 western companies had moved their supply chains to India through its platform within the preceding year, and reported an order book of Rs 5,000 crore. |
| Mar 2021 | Secondary | - | $8M | $600M | Zetwerk is a digital manufacturing service provider and B2B marketplace connecting equipment manufacturers with small and medium businesses for custom components like crane parts, doors, and machine chassis, offering services in fabrication, machining, forging, and casting. In February 2021, prior to the queried March 2021 period, Zetwerk completed a funding round at a valuation of $600-700 million. The company was founded in 2018 by Amrit Acharya, Srinath Ramakkrishnan, Rahul Sharma, and Vishal Chaudhary, achieving unicorn status later in August 2021 with a $150 million Series E round led by D1 Capital Partners at $1.33 billion valuation, supported by Greenoaks Capital, Lightspeed Venture Partners, Sequoia Capital, Accel Partners, Avenir, and IIFL. Zetwerk has raised over $700 million total funding from backers including Peak XV Partners, Lightspeed, and Mars Growth Capital. |
| Feb 2021 | Series D | Greenoaks (lead); Lightspeed Venture Partners (lead); Kae Capital; Peak XV Partners | $120M | $600M | Zetwerk is a contract manufacturing platform connecting companies with manufacturers across sectors like oil and gas, consumer goods, renewable energy, electric vehicles, and expanding into apparel, defense, space, and aerospace. In FY2021 (ended March 2021), the company tripled its total revenue to Rs 949 crore from Rs 360 crore the prior year, with over 80% of invoicing from repeat customers and more than 500 enterprise clients including Fortune 500 organizations. It reduced net cash used in operations to Rs 80 crore from Rs 115 crore, narrowed losses to 2% of revenue from 8%, and built an order book of Rs 4,500 crore. The specified funding round in February 2021 involved Greenoaks, Lightspeed Venture Partners, Peak XV Partners (formerly Sequoia India), and Kae Capital. Earlier, Zetwerk raised a $1.5 million seed round in March 2019 from Kae Capital and Sequoia. The company focused on precision manufacturing, capital goods, and consumer products, achieving capital efficiency by reducing working capital requirements by 75% amid challenges. Zetwerk emphasized on-time delivery, competitive pricing, and broad manufacturing capacities. Subsequent developments included turning operationally profitable in August 2021 and raising $240 million at a $2.5 billion valuation in April 2022. |
| Jul 2020 | Series C | Greenoaks (lead); Lightspeed Venture Partners; Accel; Kae Capital; Peak XV Partners | $21M | - | Zetwerk is a contract manufacturing platform connecting businesses with manufacturers across sectors like precision parts, capital goods, consumer goods, aerospace, automotive, renewables, and consumer electronics. Founded in 2018 by IIT alumni including Amrit Acharya, it operates as a technology-driven marketplace with a global network of over 250 customers and 2,000 suppliers across 15+ countries by 2021. The platform focuses on precision manufacturing, enabling on-time delivery, competitive pricing, and diverse capabilities for enterprise clients including Fortune 500 companies. In July 2020, Zetwerk raised $21 million in its Series C round led by Greenoaks, with participation from Accel, Kae Capital, Lightspeed Venture Partners, and Peak XV Partners (formerly Sequoia India), bringing total equity capital to around $193 million by early 2021. This followed earlier rounds including a $1.5 million seed in 2019. The funding supported scaling operations, technology enhancements, and expansion into new categories and regions amid Covid-19, with international business growing as clients diversified supply chains to India and Southeast Asia. For FY2020 (year ended March 2020, near the round date), Zetwerk reported revenue of Rs 360 crore, nearly tripling from Rs 21 crore in FY2019. By FY2021, revenue grew to Rs 949 crore with an order book of Rs 4,500 crore, over 80% from repeat customers, and improved capital efficiency reducing net cash used in operations to Rs 80 crore from Rs 115 crore while narrowing losses to 2% of revenue. The company achieved operational profitability by July/August 2021. Zetwerk served 500+ enterprise customers by 2021, executing 1,000+ projects in 25+ industries. Consumer goods represented 15% of revenues shortly after launch. Later developments included a $120 million Series D in 2021, $240 million at $2.5 billion valuation in 2022, and revenue reaching Rs 4,961 crore by January 2023, with projections over $2 billion by FY2026 driven by energy sector demand ahead of a planned 2026 IPO. |
| Dec 2019 | Series B | Greenoaks (lead); Lightspeed Venture Partners (lead); Maninder Gulati; Vaibhav Gupta; Accel; Kae Capital; Peak XV Partners | $32M | - | Zetwerk is a contract manufacturing platform founded in 2018 that connects thousands of small factories and MSMEs across India for producing precision components in sectors like energy, power, renewables, consumer electronics, automotive, aerospace, and construction. It operates by coordinating production across dispersed suppliers, owning key raw materials like steel and copper to reduce lead times, and serving Fortune 500 clients including Siemens, Schneider Electric, L&T, and NTPC with fast delivery prioritized over cost. The platform handles 10-15 million parts monthly, with 20% in-house production and 80% outsourced, and has expanded globally to Vietnam, Indonesia, Taiwan, Germany, Spain, Mexico, and the US. In March 2019, Zetwerk raised a $1.5M seed round from Kae Capital and Sequoia (now Peak XV). By March 2020, after one year of full operations, it generated ₹21 crore in turnover (revenue) and acquired 30 customers. Subsequent rounds included $21M Series C in 2020, $240M in April 2022 at $2.5B valuation, $70M in recent years reaching $3B valuation, and $20M from Rakesh Gangwal in 2024, with total funding over $900M. Revenue scaled rapidly post-2019: ₹360 crore by Mar 2021 (second year), ₹949 crore by Mar 2022 (third year) with ₹4500 crore order book, operationally profitable by July 2021, ₹4961 crore by Jan 2023, ₹11,500 crore in FY24 prior, and ₹14,596 crore or ₹15,000 crore in FY24, targeting ₹16,000-17,000 crore this year with 40% from renewables and one-third from the US. Zetwerk won major orders like ₹126 crore from L&T for bullet train in 2022 and solar PV from NTPC in 2025, signed $1B in five-year contracts, and plans an IPO in FY25 while competing in a market favoring speed for solar developers and data centers. |
| Mar 2019 | Series A | Esas Ventures; Accel; Kae Capital; Peak XV Partners | $9M | - | Zetwerk is a contract manufacturing platform connecting manufacturers with OEMs, EPCs, and SMBs across industries like industrials, consumer electronics, renewables, aerospace, and more. In March 2019, it completed its first year of full operations and raised a $1.5M seed round from Kae Capital and Sequoia (predecessor to Peak XV Partners). The company generated ₹21 crore in turnover and acquired 30 customers during this period. This seed funding supported early growth in Zetwerk's manufacturing network. By the next year ending Mar 2020, turnover grew to ₹360 crore. The platform has since expanded significantly, serving global clients in oil & gas, infrastructure, EVs, and renewable energy while adding consumer products like IT hardware and appliances. |
| Aug 2018 | Seed | Kae Capital (lead); Peak XV Partners (lead) | $1M | - | - |
Who has invested in Zetwerk?
28 investors have backed Zetwerk across its funding rounds, including Peak XV Partners, Greenoaks, Kae Capital, Lightspeed Venture Partners, Accel and D1 Capital Partners.
Lead investors include Bharat Value Fund, ARC Investments, Oriental Biotech, Khosla Ventures, Rakesh Gangwal and 7 other investors.
Zetwerk Investors
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
 San Francisco, CA | 6 | Lead | Dec 2019 | |
| Mumbai | 6 | Lead | Aug 2018 | |
| Bangalore | 6 | Lead | Aug 2018 | |
| San Francisco, CA | 5 | Lead | Dec 2019 | |
| Palo Alto, CA | 4 | Participant | Mar 2019 | |
| New York City, NY | 3 | Lead | Aug 2021 | |
 London | 2 | Participant | Dec 2021 | |
| New York City, NY | 2 | Lead | Aug 2021 | |
| Mumbai | 2 | Participant | Aug 2021 | |
| Edinburgh | 1 | Participant | Dec 2024 | |
![](data:image/svg+xml,<svg xmlns="http://www.w3.org/2000/svg" width="20" height="20" viewBox="0 0 20 20"><rect fill="%23e5e7eb" width="20" height="20" rx="4"/></svg>){kind=small} Ritesh Agarwal | India | 1 | Participant | Aug 2021 |
| San Francisco, CA | 1 | Participant | Dec 2021 | |
 Istanbul | 1 | Participant | Mar 2019 | |
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Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples
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Start Free TrialAcquisitions by Zetwerk
Zetwerk has acquired 5 companies to date.
Last acquisition by Zetwerk was on August 12th 2025. Zetwerk acquired KRYFS Power Components for $54M.
Latest Acquisitions by Zetwerk
| Description | KRYFS Power Components is a Nashik-headquartered manufacturer of electrical steel components and power transformers in India. The company processes CRGO laminations from raw steel coils supplied by global producers like POSCO and Tata Steel, producing over 20,000 metric tons annually. It assembles core coil units, fabricates transformer tanks, and builds distribution and power transformers up to 20 MVA capacity at 33 kV voltage class. KRYFS offers a remote monitoring system for distribution transformers that tracks oil temperature, load current, and voltage online via IoT sensors. Established in 1973, the firm exports to markets in Africa, the Middle East, and Southeast Asia, serving utilities and industrial clients with end-to-end solutions from generation to distribution. | Unimacts is a global supply chain and manufacturing solutions provider for high-tech industries including electronics, medical devices, and energy storage. Singapore-headquartered, the company manages end-to-end services from design and prototyping to production and logistics across facilities in China, Malaysia, Vietnam, and Europe. Unimacts serves OEMs in aerospace, automotive, and semiconductors with just-in-time delivery models. | Pinaka Aerospace Solutions is a Hyderabad-based provider of avionics, electronic warfare, and communication systems for defense and aerospace. Established in 2014, it supplies radar processors and EW suites to Indian Armed Forces under DRDO contracts worth ₹500 crore. Pinaka's 100 engineers develop software-defined radios and UAV payloads, certified to DO-178C standards. The company exports to Southeast Asia, partnering with HAL for Tejas fighter upgrades. | - | |
| HQ Country | | | | | |
| HQ City | Mumbai | Lexington, KY | Bangalore | Mumbai | |
| Deal Date | 12 Aug 2025 | 30 Nov 2022 | 4 Jul 2022 | 30 Jun 2022 | |
| Valuation | $54M | $39M | undisclosed | undisclosed | |
| EV/Revenue | |||||
| EV/EBITDA | |||||
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Zetwerk Competitors
Zetwerk competitors include listed companies like SPS Commerce and Kinaxis, and private ones like Jusda, Tradeshift, XINGYUN GROUP and Inxeption.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
 Shenzhen | Private | - | - | $2.5B | - | |
| San Francisco, CA | Private | $100M | - | $2B | - | |
| Shenzhen | Private | - | - | $2B | - | |
| United States | Private | $300M | - | $3B | 10.0x | |
| United States | Publicly listed | $752M | $182M | $2.9B | 3.5x | |
 Canada | Publicly listed | $548M | $102M | $3.5B | 5.3x |
Zetwerk Public Comps
Zetwerk is still privately-owned, but its public comps include Seek, Tongcheng Travel, Rasan, Goto Gojek Tokopedia, SPS Commerce, People, Kinaxis, Xiamen Xiangyu Co, Inchcape and Wuchan Zhongda Group Co.
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $914M | ($63M) | 4.2x | 4.5x | (61.7x) | 10.2x | |||
| $2.9B | $659M | 0.7x | 0.7x | 3.0x | 2.6x | |||
| $174M | $73M | 16.1x | 11.0x | 38.6x | 25.9x | |||
| $1B | ($16M) | 2.0x | 1.7x | (125.5x) | 13.1x | |||
| $752M | $182M | 3.6x | 3.5x | 15.0x | 10.6x | |||
| $2.4B | $122M | 1.3x | 1.6x | 25.4x | 11.3x | |||
| $548M | $102M | 5.9x | 5.3x | 31.7x | 20.3x | |||
| $61B | $523M | 0.1x | 0.1x | 13.8x | 10.4x | |||
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Common questions about Zetwerk
| When was Zetwerk founded? | Zetwerk was founded in 2018. |
| Where is Zetwerk headquartered? | Zetwerk is headquartered in Bangalore, India. |
| Is Zetwerk publicly listed? | No, Zetwerk is a private, VC-backed company. |
| What is Zetwerk's valuation? | Zetwerk was last valued at $3.1B in its Series F in March 2025. |
| How much funding has Zetwerk raised? | Zetwerk has raised $807M across 12 funding rounds. |
| What was Zetwerk's last funding round? | Zetwerk's last funding round was a $52M undisclosed-stage round in July 2026, led by Bharat Value Fund. |
| Who are Zetwerk's investors? | Zetwerk's investors include Greenoaks, Kae Capital, Peak XV Partners, Lightspeed Venture Partners, Accel, D1 Capital Partners, Steadview Capital, Avenir, IIFL Finance, Baillie Gifford and 18 others. |
| What is Zetwerk's revenue? | Zetwerk's latest recorded revenue is $102M (August 2021). |
| What is Zetwerk's revenue multiple? | Zetwerk's latest valuation implies a 13.0x revenue multiple ($1.3B valuation on $102M of revenue). |
| Which companies are comparable to Zetwerk? | Companies comparable to Zetwerk include Jusda, Tradeshift, XINGYUN GROUP, Inxeption, SPS Commerce and Kinaxis. |
| How many companies has Zetwerk acquired? | Zetwerk has acquired 5 companies, including KRYFS Power Components, Unimacts, Pinaka Aerospace Solutions, SharpTanks and Wardha fabrication. |
| What was the largest acquisition by Zetwerk? | The $54M acquisition of KRYFS Power Components in August 2025 is the largest acquisition Zetwerk has made to date. |
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