Zetwerk, an 18-month-old Indian B2B marketplace for manufacturing items, raises $32M
https://techcrunch.com/2019/12/10/zetwerk-b2b-manufacturing-items-india-seriesb/
Zetwerk, an Indian business-to-business marketplace for manufacturing items, has closed a significantly large financing round as it scales its operations in the nation and also helps local businesses find customers overseas.
The 18-month-old startup said on Wednesday it has raised $32 million in a Series B financing round led by Lightspeed and Greenoaks Capital. Zetwerk co-founder and chief executive Amrit Acharya told TechCrunch in an interview that the startup has also raised about $14.2 million in debt from a consortium of banks, and others.