(From left) Ankit Fatehpuria, co-founder, Vishal Chaudhary, co-founder, Amrit Acharya, co-founder & CEO, Srinath Ramakkrushnan, co-founder & COO, Rahul Sharma, co-founder, Zetwerk
Image: Selvaprakash Lakshmanan for Forbes India
In 2018, four IIT graduates got together to build a marketplace for custom manufacturing to connect SMEs with mid-large original equipment manufacturers (OEMs) operating across a range of industrial sectors. Soon, the manufacturing services platform expanded its footprint to the US, Mexico, and the Middle East. About three years after it received seed funding of $1.5 million from Kae Capital and Sequoia Capital in August 2018, the company hit the $1 billion valuation mark to become the 25th unicorn of 2021.
This is the meteoric rise of Zetwerk and its five founders Amrit Acharya, Srinath Ramakkrushnan, Rahul Sharma, Vishal Chaudhary and Ankit Fatehpuria, a story that started with a shared interest for solving some of the imbalances in the largely unorganised manufacturing ecosystem.
(This story appears in the 31 March, 2023 issue of Forbes India. To visit our Archives, click here.)