Bangalorebased zetwerk b2b 120m capital platform, has raised $120 million in a Series D funding round led by Greenoaks Capital and Lightspeed Venture Partners. The company plans to use the funds to expand its business globally and invest in technology to enhance its platform. Zetwerk was founded in 2018 and has quickly become a leading player in the B2B manufacturing industry. The platform connects businesses with vetted suppliers for custom manufacturing projects. Zetwerk’s technology streamlines the procurement process, reducing costs and lead times for businesses.
Streamlining Manufacturing Procurement
Zetwerk’s platform offers a range of services, including project management, quality control, and logistics. The company’s technology allows businesses to track the progress of their projects in real-time, ensuring that they are delivered on time and to the desired specifications. Zetwerk’s platform is particularly useful for businesses looking to source custom parts or components. The company’s network of suppliers includes over 2,000 manufacturers across India, China, and Southeast Asia. This allows businesses to find the best supplier for their needs, regardless of location.
With the new funding, Zetwerk plans to expand its business globally. The company already has a presence in India, Southeast Asia, and China, but it aims to expand into new markets in Europe and North America. Zetwerk also plans to invest in technology to enhance its platform. The company aims to use machine learning and artificial intelligence to improve supplier matching and project management. This will further streamline the procurement process for businesses using the platform.
Zetwerk’s latest funding round is a testament to the company’s success in the B2B manufacturing industry. The platform’s ability to streamline the procurement process has made it a popular choice for businesses looking to source custom parts and components. With the new funding, Zetwerk plans to expand its business globally and invest in technology to enhance its platform.